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The Lenders Giving Borrowers Second Chance Loans

Credit Corp

It let the Woods replace their home with a new, safe, affordable, energy-efficient manufactured home. The award was for expansion of an innovative financing program for manufactured housing mortgage loans. One of the biggest things a lender considers before approving a loan is the amount of credit risk that comes with the borrower.

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What to Do Before You Lease a Car

Credit Corp

You get to drive a newer car, and many repair costs may be covered by the manufacturer’s warranty or the lease agreement. Leases, on the other hand, are largely controlled by the manufacturer. You may be able to get a better deal if you consider vehicles from different manufacturers instead of sticking to one make and model.

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Getting to Know Will Turner of TEC Services Group

Account Recovery

My ex-wife’s sister was on the management team at First Data (now Fiserv) and opened a door for me to interview for an inside sales position selling FastData, a skip tracing and identity authentication tools, into emerging markets (non-traditional lenders, super-regional banks, debt buyers and collection agencies). My late father.

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How a Car Loan Can Increase Your Credit

Credit Corp

Depending on the specific credit bureau or bureaus that your vehicle loan lender reports to, it will only show up on those credit reports. There are three different credit bureaus that are mainly used by all lenders: Experian, Equifax, and Transunion. This is crucial in knowing how a new vehicle loan can increase your credit score.

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Considerations When Closing a Small Business with PPP or EIDL Debt

Jimerson Firm

When a business defaults on a loan with the federal government, the government “lender” may report the business to credit scoring companies. Additionally, if the defaulting business has any federally held assets, including pending income tax refunds, those assets could be seized by the federal government lender in the event of default.

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SBA Clarifies Rules Regarding PPP Loans and Changes of Ownership

Fraser

In a recently issued procedural notice , the Small Business Association (“SBA”) addressed a lingering question of borrowers and lenders related to the Paycheck Protection Program (“PPP”) process: What procedures are required for changes of ownership of an entity that has received PPP funds?

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Luxury Candle maker goes bust with huge unpaid business debts

UK debt collections

The company also faced having to repay a Covid Bounce Back Loan (BBL) of £69,730, from lender Funding Circle, and a Coronavirus Business Interruption Loan Scheme (CBILS) loan, provided by commercial finance company Nucleus, of £111,808. And the landlord of Luxus’ Saltash manufacturing unit, JR Property Partnership,is owed £36,110.