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How to Refinance a Car Loan With Bad Credit

CreditStrong for Business

Individuals wanting to refinance a bad credit car loan that still have a low credit score might be disappointed. Obtaining better interest rates than your existing loan is much more likely when your credit history and credit score have improved. Can You Refinance Your Car Loan When You Have Bad Credit?

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What Is a Good Credit Score, and Why Should You Care?

Fundera

Even before you began your search for small business loans , you’ve more than likely heard of a credit score. You’ve also more than likely heard of a good credit score, too. Here’s the gist of it: Your credit score is a numerical indication of how responsibly you’ve handled your financial obligations.

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What Is a Good Credit Score? (And How to Get One ASAP)

Fundera

Credit scores have become a huge part of our lives. There’s no question a good credit score is crucial for so many varying parts of our lives, but the questions stands—what is a good credit score? What is the score you need to get the best credit card, mortgage, business loan , auto loan, etc.,

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Home Equity Loans For First-Time Buyers: A Double-Edged Sword

Due

The total value of home equity has doubled since 2017 and quadrupled since 2012 when the U.S. Possibility of foreclosure If you cannot repay your home equity loan or default on any of the loans, including your mortgage loan, your property might be placed under foreclosure. economy was recovering from the Great Recession.

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When Does Short-term Debt Make Sense?

Fundera

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 Also, you should keep in mind these top 5 predictive indicators of business loan defaults : Your cash-to-assets ratio is low. billion to $3 billion.

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Alternative Lending 101

Fundera

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. More Frequent Repayments.

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Spotlight on Amazon Lending: Is It Right For You?

Fundera

And in 2012, Amazon added yet another service to their list: small business loans through the Amazon Lending program. And while alternative lenders have largely opened up credit access for small business owners, applying for a business loan can take a lot of time and effort. But not just any Amazon seller.