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The Lenders Giving Borrowers Second Chance Loans

Credit Corp

It let the Woods replace their home with a new, safe, affordable, energy-efficient manufactured home. The award was for expansion of an innovative financing program for manufactured housing mortgage loans. The NEXT Awards recognize innovative CDFIs that responsibly serve low-income and low-wealth people and communities.

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How a Car Loan Can Increase Your Credit

Credit Corp

When most people think about credit and a car loan, they’re thinking about what credit score qualifies them for the car loan. Depending on the specific credit bureau or bureaus that your vehicle loan lender reports to, it will only show up on those credit reports. What Is an Installment Loan? What Is a Good Credit Score?

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Luxury Candle maker goes bust with huge unpaid business debts

UK debt collections

Candles are really a luxury good, so when people are struggling, the market falls away.”. The company also faced having to repay a Covid Bounce Back Loan (BBL) of £69,730, from lender Funding Circle, and a Coronavirus Business Interruption Loan Scheme (CBILS) loan, provided by commercial finance company Nucleus, of £111,808.

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The Pandemic Is Accelerating Auto Dealers' Digital Transformation

Fico Collections

A Cox Automotive report released in May 2020 shows how the pandemic is changing the car business, and found that two in three people surveyed are now more likely to purchase a vehicle completely online. Q: How are dealers re-deploying sales people? How does that affect the auto dealership business? by Ken Kertz.

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The Pandemic Is Accelerating Auto Dealers' Digital Transformation

Fico Collections

A Cox Automotive report released in May 2020 shows how the pandemic is changing the car business, and found that two in three people surveyed are now more likely to purchase a vehicle completely online. Q: How are dealers re-deploying sales people? How does that affect the auto dealership business? by Ken Kertz.

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How a Debt Collection Agency Can Help Your Cash Flow

Credit Management Company

While healthcare providers are most commonly associated with debt collection, lenders, manufacturers, service companies, retailers, contractors, and even independent contractors can benefit. They'll also be happier as collecting can be a stressful activity for people who aren't trained to do it professionally.

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Top 5 Customer Development Posts of 2020: COVID and Beyond   

Fico Collections

Call data records could also be used to monitor the movement of people. So, any use of CDRs to track where infected people have been, and then trace the people they may have come into contact with, needs to be carefully managed with regard to privacy.”. For people returning home, the same could be true.