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How a Car Loan Can Increase Your Credit

Credit Corp

The following is a guest post from Paige Williams, a public relations specialist with New Roads Auto Loans. When most people think about credit and a car loan, they’re thinking about what credit score qualifies them for the car loan. However, that’s not the only way that a credit score will affect a vehicle loan.

Loans 98
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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. One of the biggest advantages of leasing is that you might get a lower monthly payment compared to a car loan on the same vehicle. Auto loans can be found at banks, credit unions, car dealers, and online.

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SBA Clarifies Rules Regarding PPP Loans and Changes of Ownership

Fraser

A PPP borrower must aggregate all sales and other transfers occurring since the date of approval of the PPP loan in determining whether the relevant threshold has been met. If a PPP borrower fails to satisfy one of the criteria below, SBA consent is required for a change in ownership to ensure the repayment of any unforgiven PPP loan amounts.

Loans 62
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What Happens When You Lease a Car?

Credit Corp

But if you lease instead of buy, you can continue driving new cars indefinitely—simply trade in your old car lease for a new one every few years. Traditional car loans usually come with somewhat hefty down payments. But if you lease instead, you’ll likely have a lower down payment than you would with a normal loan.

Loans 75
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Luxury Candle maker goes bust with huge unpaid business debts

UK debt collections

But a “perfect storm” of inflation, the cost-of-living crisis and the war in Ukraine hit trade in 2022 leaving bosses facing “disaster” and having to voluntarily wind up the company. And the landlord of Luxus’ Saltash manufacturing unit, JR Property Partnership,is owed £36,110. It trades online and is selling its brand Rouge London.

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Luxury Car retailer in liquidation with debts of £1.14m

UK debt collections

Documents filed with Companies House yesterday (March 26) showed that BCA Partner Finance was the main creditor of Staffordshire-based Autovogue, which ceased trading in February – leaving a trail of dissatisfied customers. It stated: “With deep regret and a heavy heart Autovogue UK Limited has ceased trading.

Retail 59
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Number of Insolvent Businesses hits record high

UK debt collections

Insolvencies in the UK were low during the pandemic because of an £80 billion business loan programme and a temporary bar on court-ordered liquidations. Construction and retail are the hardest hit sectors PwC said construction and retail were the hardest-hit sectors, and the number of food manufacturers in trouble was also increasing.