It is very difficult to obtain finance when you are going through a rough patch and your credit score has suffered due to this. Bad credit applicants usually have to resort to secured lending even if they have a good salary [...]
Posts Tagged ‘Credit’
No Credit Individuals – How To Get Finance?
March 8th, 2010 
gutenk Intro credit risk: expected loan return
February 17th, 2010 gutenk The expected return on a loan adjusts for default risk. If p = probability of repayment, then 1-p = probability of non-repayment. The expected non-repayment, E[loan amount*(1-p)], is an expected loss (EL) covered by loan loss provisions (a contra-asset account). A “cost of doing business”. And (k) and (p) are not independent: higher k implies [...]
A Must Read for Businesses Extending Credit to Businesses in Todays Economy
January 28th, 2010 gutenk Must Read Guide for Creditors operating in today’s Economy As a credit grantor, you should be aware of some basic principals when extending credit to clients: • Extending credit carries an unavoidable element of risk. You will experience cash flow loss through debt regardless how carefully you screen and babysit your potential [...]
Primary Reason Businesses Fail Internally With Cash Flow Credit Risk and Collection Efforts
January 27th, 2010 gutenk Reasons Businesses Fail with Internal Collection Initiatives. . . No formal policy Staff lacks experience Lack of manpower Lack of Enforcement of Policy The Customer is Always Right. . . “I Don’t want to Lose Them as a Client” No Client tracking Wrong methodology Lack of credit reporting [...]
Posted in Finance 
Tags: Businesses, Cash, Collection, Credit, Efforts, Fail, Flow, Internally, Primary, Reason, Risk 
No Comments »Make Your Dream Come True With No Credit Check Car Loans
January 27th, 2010 gutenk Now these days purchasing a car is not very much difficult you can choose from wide varieties of car available online. But sometime you may think to not buy it this time due to of bad credit. Problem of bad credit may stop you to purchase your dream car. So don’t let [...]
Posted in Loans Tags: car title loans, Check, Come, Credit, credit history, Dream, Loans, purchasing a car, True No Comments »
