Sky Business Credit

AUGUST 18, 2021

It doesn’t matter if you’re dealing with a brokerage firm, investment bank, or a mortgage company. Recourse factoring – a form of factoring in which the factor will not absorb credit losses that result in an account debtor defaulting on an invoice. All of a sudden, you’re speaking a foreign language.

Brokerages 52

Brokerages Bankruptcy Credit and Collections Default 52

CreditStrong for Business

NOVEMBER 15, 2024

Potential credit history red flags that could make it difficult to qualify for a loan include: Recent late payment history Foreclosures (or foreclosure-like events) Repossessions Bankruptcy Collection accounts Charged-off accounts Lack of credit history can also be a problem when you apply for investment property loans.

Credit Scoring 40

Credit Scoring Credit and Collections Brokerages Default 40

Due

MAY 5, 2023

An online bank or taxable brokerage account may offer money market accounts or high-interest savings accounts. Close to a third of BNPL users had difficulty making payments, resulting in them skipping a bill to avoid defaulting on their plans, according to the Consumer Financial Protection Bureau (CFPB).

Insurance Companies 119

Insurance Companies Credit Scoring Medical Billing Deductions 119