A former Citigroup executive has raised about $9 million in a new round of seed funding for Paywallet, which extends credit to borrowers whose repayments come from their paychecks. Jacksonville, Florida-based Paywallet has piloted the concept for the past two years and plans to officially launch its product this year using a new round of […]
Tag Archives: credit history
My engineering business loan application was rejected Rejecting a business loan application can feel like the end of the world for many construction and engineering business owners, especially when you were relying on that loan to cover a significant cost of your business. If you are unlucky enough to experience this type of rejection, it […]
Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, who we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to herein as “Credible”. Whether you need money for home renovations, medical bills, […]
What to do if you cancel your loan application Loans are great helpers when it comes to quick access to money, easy and paperless application and reliable online lenders. The online application is what grabs the attention of potential borrowers. Who needs conventional banks with their queues and high fees when you can fill out […]
MMost of us know that payday loans can be a horrifically expensive way to borrow money, with Wonga.com charging interest rates of 4,000% APR or more. But if you thought that was as bad as it gets, take a look at the loan agreement sent to Adam Richardson and the APR listed: a jaw-dropping 16,734,509.4%. […]
Do you want to drive a car? Own a house? Go to the University? Consolidate your debt? Finance your wedding? If you answered “yes” to any of these questions, chances are you will need to apply for a loan at some point. If you do, don’t feel bad; more than half of americans say they […]
While the ongoing lockdown is likely to impact your loan processing and disbursement due to limited staff and working hours, keeping these five tips in mind will definitely increase your chances of loan approval . Loans act as an invaluable bridge to bring us closer to achieving our financial goals, such as owning a house, […]
Thinking of applying for a personal loan? Here are the odds of you being approved. Personal loans can be a cost-effective way to borrow. The interest rate on personal loans is often lower than the rate you would pay on other types of debt, such as credit card debt. And you can use the personal […]
In the initial phase of the digital journey, the target was the urban market, but later HDFC Bank decided to also tackle the semi-urban and rural pockets. Behind all this, the objective was to expand the business and break the myth of the so-called base effect, which slows down the growth rate of […]