CreditStrong for Business

JULY 29, 2024

If the debt remains unpaid for 90 days, most original creditors will forward the account to a third-party debt collection agency. The negative credit report entry will also have an adverse impact on your credit scores. no longer factoring paid collection accounts into their credit scores.

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CreditStrong for Business

JULY 24, 2024

It can be nail-biting to wait for your credit score to update after paying off debt. Especially if that bump in your score is helping you get approved for a new car loan, mortgage, or revolving credit account. In some cases, it can take up to two months for your credit score to reflect the payoff.

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CreditStrong for Business

OCTOBER 24, 2024

Many local banks, credit unions, online institutions, and other lenders offer personal loans. Variable requirements might include a minimum credit score or monthly income, some deposit or asset for securing the loan (collateral), a specified debt-to-income ratio, and others.

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Bankruptcy Credit Scoring Credit and Collections Credit Unions 52

CreditStrong for Business

OCTOBER 8, 2024

Building credit is an important part of your financial life. Your credit score determines the loans and credit cards you can qualify for and the interest rates of the loans you can get. What Bills Help Build Credit? In general, lenders will report your payment activity to the credit bureaus.

Credit Scoring 52

Credit Scoring Credit and Collections Medical Billing Credit Reporting Agencies 52

Due

AUGUST 27, 2024

Unlike other types of loans, where a bank or lender reviews a person’s credit score and history to determine their eligibility for a loan, a car title loan is considered an easier way to take on debt. Minimal credit impact Many lenders will not conduct a credit check on a person when applying for a title loan.

Credit Scoring 52

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Biz2X

JULY 11, 2023

This guide makes the case for why lenders, including banks and credit unions, MUST invest in business loan automation. It also offers automated debt collection. Solid credit risk assessment Automated processing of borrower-supplied credit documents in formats including PDF, digital image, JSON, XML, and others.

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Credit and Collections Debt Collections Credit Risk Credit Unions 52

CreditStrong for Business

JULY 1, 2024

Building credit is an important part of your financial life. Your credit score determines the loans and credit cards you can qualify for and the interest rates of the loans you can get. What Bills Help Build Credit? In general, lenders will report your payment activity to the credit bureaus.

Credit Scoring 40

Credit Scoring Credit and Collections Medical Billing Credit Reporting Agencies 40