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What is Alternative Credit and How Can It Help Borrowers?

tillful

bankruptcy and lien filings) Residence history Employment history Income amount (monthly or annual) With that in mind, alternative credit data is everything else. OnDeck Uses alternative underwriting processes Next, OnDeck is an online small business lending company that’s delivered $14 billion in business loans since its founding in 2006.

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Demystifying Credit Crunches and What They Mean for Small Businesses

tillful

For the economy at large, credit crunches can lead to a rise in unemployment, interest rate increases, an overall slowdown of economic activity, defaults, and bankruptcies. Interestingly, some believe that the credit crunch was too extreme and actually slowed down the economic recovery.

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How Can Wells Fargo Small Business Loans Help You Succeed?

Fundera

Let’s take a look at the numbers : In 2006, small business lending was thriving, with the 10 largest banks issuing $72.5 Bankruptcy. If either you or your business has filed for bankruptcy within the last 10 years, chances are Wells Fargo won’t lend to you—unless you’ve fully repaid all of your creditors.

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Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. In the aftermath of the Great Recession, 25 percent of bankruptcy filings came from Americans aged 55 and above. It may push you to bankruptcy or debt quicksand. It’s been over a decade since the Real Estate Bubble and the Great Recession.

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Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. In the aftermath of the Great Recession, 25 percent of bankruptcy filings came from Americans aged 55 and above. It may push you to bankruptcy or debt quicksand. It’s been over a decade since the Real Estate Bubble and the Great Recession.

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Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. In the aftermath of the Great Recession, 25 percent of bankruptcy filings came from Americans aged 55 and above. It may push you to bankruptcy or debt quicksand. It’s been over a decade since the Real Estate Bubble and the Great Recession.

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How to Get an Absolutely Perfect Credit Score

Fundera

VantageScore, for example, is the result of credit bureaus getting together in 2006 to wrestle with FICO’s monopoly on credit scoring. Payment history (including bankruptcies and judgments). Try not to file bankruptcy. Bankruptcies also count more against you the more credit accounts are involved. Non-FICO Credit Scores.