Fundera

JANUARY 7, 2016

The short-term business loan model has seen extraordinary growth in recent years—non-bank short-term lenders doubled the amount of money they loaned between 2012 and 2013, from $1.5 Enterprises that generate daily revenue are well-suited for this lending model, as most short-term loans are automatically repaid through daily ACH transactions.

Credit Scoring 76

Credit Scoring Small Businesses Default Transactions 76

Due

NOVEMBER 19, 2023

It’s important to note that 2012 registered even lower mortgage rates during one November week, averaging 3.31%. However, the rest of 2012 was higher, leading to an annual average of 3.65% for thirty-year mortgages. Convenience In-person transactions or bank visits are greatly minimized by using digital mortgage apps.

Credit Scoring 59

Credit Scoring Transactions Default 59

Fundera

JUNE 22, 2016

Alternative lending is a fast-growing industry: approximately $3 billion in 2013 was lent through alternative channels, which was double that of 2012. If you default on your “loan” with a pawnbroker, your credit score won’t report it—but technically, this is a form of alternative lending. There are some with monthly schedules, too.

Credit Scoring 76

Credit Scoring Small Businesses Default Transactions 76