Credit Repair Blog

Blog

The Challenges of Traditional Banking

Rules of exchange have been available since the first peoples began to ascribe value to things and to barter and trade, so it’s no surprise that the financial services industry is steeped in tradition. But today, the world is changing exponentially and it’s not always easy for traditional institutions to keep up. New ways of

Read More »
Blog

Finding Bad Credit Business Loans During the Holiday Season

Merchant cash advances, or MCAs, are a form of business funding in which a cash advance provider pays upfront for a percentage of a company’s future credit and debit card sales. Because they’re by definition not loans, MCAs function very differently and are subject to entirely separate laws and regulations. When your company receives a

Read More »
Blog

How is a bank’s credit quality measured?

Under the current accounting standard for provisions (IFRS 9), introduced in 2018 and based on expected losses, the provision for losses (and therefore the coverage ratio) and the cost of risk reflect expectations that depend on the quality of portfolios and the macroeconomic environment. The NPL ratio includes customers in a situation of actual default

Read More »
Blog

How to Find a Commercial Loan

Commercial loans are a significant part of the national economy. When businesses need to grow, financing often comes in to cover costs of property, equipment and even working capital. But because many small business and mid-sized owners are frugal and often conservative in their borrowing habits, when it’s time to find a loan for a

Read More »
Translate »
Scroll to Top