Biz2X

OCTOBER 1, 2024

Reading Time: 3 minutes Digital lending has led to many much-needed changes to the financial sector, including rapid advances in convenience, speed, and accessibility to borrowers. But change always comes with risk, and the evolution of lending brings a set of emerging risks that financial institutions must take proactive steps to address in order to maintain the stability and integrity of their digital lending ecosystems.

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Cybersecurity Credit Scoring Credit Risk Default 52

Credit Tools

OCTOBER 1, 2024

Discover the multiple benefits for your business of digitalizing your cash collection! Cash flow gains, profitability and efficiency of course, but also in credibility, brand and quality.

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DSO 52

Due

OCTOBER 1, 2024

CVS Health announced that the company will undergo layoffs of 2,900 employees to cut costs. According to a Reuters exclusive , CVS had been exploring options to reduce company costs via headcount initially, including fracturing the retail and pharmaceutical business to sell individually. The company recently announced a quarterly dividend “of sixty-six and one-half cents ($0.665 cents) per share on the Common Stock of the Corporation.

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CreditStrong for Business

OCTOBER 1, 2024

Jargon in the credit industry makes it difficult for many consumers to understand our credit system. As a result, nearly 40% of Americans report having no idea how their credit scores work 1. Even concepts as fundamental as “primary tradelines” can sound intimidating and complex when you don’t know the terminology. To help you clear that hurdle, here’s everything you need to know about what primary tradelines are and how they work.

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Credit Scoring Credit Reporting Agencies Credit and Collections Credit Card Companies 52

Cpcmcredit Blog

OCTOBER 1, 2024

The question continually being asked in our sector. Most lenders will confirm that the asset market and general borrowing as been slow this year and the prime reason for this is the cost. There is a lot of difference between 2% above base when base is 5% rather than 0.5% of course The Bank of England’s intention is to suppress borrowing to tame inflation.

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CreditStrong for Business

OCTOBER 1, 2024

Building credit the right way isn’t always easy. For most people with bad credit, buying authorized user tradelines seems like an easy fix for your credit goals. But don’t let the temporary credit score increase fool you. Buying tradelines could backfire and leave you in a worse credit situation than you’re in now. Read more to find out how buying tradelines works and the best alternatives to build your credit the respectable way.

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Credit Scoring Credit Reporting Agencies Credit Card Companies Transactions 52

JNI Commercial Lending

OCTOBER 1, 2024

Looking to expand your rental property portfolio? JNI Lending is your ally for success in this venture. Our private lending services are specially designed to aid real estate investors in nurturing their portfolio growth, giving them an edge over conventional financing methods. The Essence of Private Lenders in Long-Term Rental Success The journey towards building […] The post Why JNI Lending Is Vital for Long-Term Rental Success appeared first on JNI Commercial Lending.

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