As it is difficult for a person with a poor credit score to get a loan quickly from conventional lenders like banks, the person is sometimes unable to repay his or her bills in time and the credit score will further worsen. This makes it even more difficult or the person to get a loan […]
What is credit analysis? Credit analysis is simply the evaluated creditworthiness of a business or organization. Simply put credit analysis determines whether or not a company can fulfill all of its financial obligations. Credit analysis is used in a variety of financial transactions, including banks that lend to small businesses or companies that issue bonds. […]
If you have an outstanding amount owed, or a bill that hasn’t been paid, there’s a good chance you’ve encountered an agent from a collections agency. And if you haven’t, you may be wondering, what it is that a collections agency does with regards to debt recovery? This article will explain the role of a […]
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