Posts tagged "Credit"

Corporate Credit — A CFO’s Guide to Bank Debt and Loan Agreements

Corporate Credit — A CFO’s Guide to Bank Debt and Loan Agreements

A helpful guide for CFO’s and bankers alike, this book demystifies the contents of a typical corporate loan agreement and helps make the entire loan process easier to deal with. The book outlines the steps involved in getting a loan and explains – in plain and easy-to-understand language – what the terms of the loan agreement mean. CFO’s will learn which terms in the agreement could create problems for the company and how to take steps to prevent that. And corporate borrowers and lenders alike will gain a better understanding of the steps involved in preparing to close the deal and how to make it all go smoothly.

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Posted by getloans - September 26, 2011 at 12:10 pm

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Credit check?

Question by vette 99: Credit check?
I want to check my credit score for free but when i get to one that says it is free i have to enter credit card info.Is there one that I can go to to get the report without entering credit card info.

Best answer:

Answer by lforbes2_1999
go to www.freecreditreport.com or www.annualcreditreport.com. you can always go to the credit bureaus websites and get them that way too. You can get a free report every year. It will tell you if you have already done it too.

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Posted by getloans - September 22, 2011 at 1:13 pm

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The Standard & Poor’s Guide to Measuring and Managing Credit Risk

The Standard & Poor’s Guide to Measuring and Managing Credit Risk

Today’s most complete, up-to-date reference for controlling credit risk exposure of all types, in every environment

Measuring and Managing Credit Risk takes you far beyond the Basel guidelines to detail a powerful, proven program for understanding and controlling your firm’s credit risk. Providing hands-on answers on practical topics from capital management to correlations, and supporting its theories with up-to-the-minute data and insights, this authoritative book examines every key aspect of credit risk, including:

  • Determinants of credit risk and pricing/spread implications
  • Quantitative models for moving beyond Altman’s Z score to separate “good” borrowers from “bad”
  • Key determinants of loss given default, and potential links between recovery rates and probabilities of default
  • Measures of dependency including linear correlation, and the impact of correlation on portfolio losses
  • A detailed review of five of today’s most popular portfolio models—CreditMetrics, CreditPortfolioView, Portfolio Risk Tracker, CreditRisk+, and Portfolio Manager
  • How credit risk is reflected in the prices and yields of individual securities
  • How derivatives and securitization instruments can be used to transfer and repackage credit risk

Today’s credit risk measurement and management tools and techniques provide organizations with dramatically improved strength and flexibility, not only in mitigating risk but also in improving overall financial performance. Measuring and Managing Credit Risk introduces and explores each of these tools, along with the rapidly evolving global credit environment, to provide bankers and other financial decision-makers with the know-how to avoid excessive credit risk where possible—and mitigate it when necessary.

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Related Poor Credit Products

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Posted by getloans - September 22, 2011 at 10:59 am

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Q&A: Is home ownership possible for people with poor credit?

Question by Tina R: Is home ownership possible for people with poor credit?
I have poor credit, but I have a steady job and planning to enroll in a debt consolidation program. I have never owned a home before. Are there any programs for first-time home buyers with poor credit? Does anyone have any recommendations?

Best answer:

Answer by graciouswolfe
I can only say for a fact, that the worse your credit rating is, the higher the interest rate becomes.

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Posted by getloans - September 21, 2011 at 2:45 pm

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Bad Credit?

Question by Noahs: Bad Credit?
I have a friend with bad credit in California. She lost her job about four years ago and could not pay her credit cards anymore. Until now she is unemployed. Will she go to jail? What will happen to her? Can she rent an apartment again? Find a job?

Best answer:

Answer by P J
Don’t you think it is time to find another job after FOUR years.

She will not go to jail but finding a job or housing may be tough.

It could very well affect her getting a job if a credit report is pulled by the potential employer.

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Posted by getloans - September 20, 2011 at 3:14 pm

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Checks, Credit, and Debit Cards (First Facts)

Checks, Credit, and Debit Cards (First Facts)

Provides an introduction to payment methods, including checks, debit cards, and credit cards.

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Posted by getloans - September 16, 2011 at 1:57 pm

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Cprofit Los Angeles California Unsecured Loan – Business Line of Credit for Small & Startups

Cprofit Los Angeles California – An alternative business line of credit, line of credit, credit line, working capital lines of credit, cash flow funding credit lines, capital funding, working capital loan, working capital financing, small business line of credit, funding loan, unsecured line of credit for small business and startups.

Specialized in small business funding, business funding via Unsecured Loans, new business loan, bad credit unsecured loans, construction loan, loans, factoring, invoice factoring, receivable factoring.

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Posted by getloans - September 15, 2011 at 7:46 am

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Bad Credit Car Loans For People With Poor Credit Scores

The bad credit loan has to be paid back just like any other loan in a given time. It was however made to suit a certain few, or majority depending on the way you look at it.

If you have a poor credit statement in your pocket then this loan is for you. It does not mean you cannot have a car again. Previously it was hard to get another credit or loan after failing to come through on the first one but now it is possible. That is why it is dubbed the bad credit car loan. It finances people with low credit reputation.

After the recent global economic crisis many know what it means to have their car repossessed. The bad credit car financing also favors those who had to undergo this. They understand that the economy shrunk. They will give you another chance to get another car again.

Many an innocent individuals became bankrupt for no fault of their own. Whatever ill wind brought the tough economic times put them in this category. Always paying what they should in time but all of a sudden empty hands. Bad credit auto loans are a life line to them too. Life cannot just stop because the economy collapsed.

For those who are in the low bracket when it comes to earning money, they are included here. The bad credit loan does not discriminate against them. It will even help those who have no money at all to put as down payment for the car.

The young aspiring students and career chasers are highly encouraged to take bad credit car loans. They are on the brink of a new life and having a car is not even a luxury but a necessity. They do not have sufficient savings to buy a car so this is one of the next best options. Bad credit car loans.

One is presented with a lot of options next as to where to borrow this money from.  Many financial institutions cater for this. Bad credit car loans can be taken from banks and credit unions. There are also a few private financial institutions here and there. A smart thing to do is approach both. If approved by a bank go to a credit union and compare the two offers. I myself go for credit unions because they are less likely to punk me.

Bad credit car loans should not be just taken off a whim. One has to have done some careful planning before signing the dotted line. The whole reason you are getting this kind of loan is because of bad credit rankings. You do not want to just make this situation even worse blindfold. If you know you cannot emerge a winner walk away and live to fight another day.

Above all else, bad credit car loans have their consequences. You get higher interest rates and even shorter time to pay for them. If you do not hold up your end of the contract, it’s straight to court.

Written by dtrance
Entrepreneur,QS Technician,Application Developer,Marketing Coordinator, Editorial Administrator

More Poor Credit Articles

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Posted by getloans - September 14, 2011 at 8:09 am

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Standard & Poor’s Fundamentals of Corporate Credit Analysis Reviews

Standard & Poor’s Fundamentals of Corporate Credit Analysis

An authoritative, in-depth guide to all aspects of credit analysis from the experts at Standard & Poor’s

Credit analysis–gauging an issuer’s ability to repay interest and principal on a bond issue–plays an essential role in determining how bond issues are rated and priced. Fundamentals of Corporate Credit Analysis provides both analysts and investors with the practical, up-to-date information they need, backed by Standard & Poor’s research, data, and experience, to properly assess the credit risk of virtually any entity.

Whether used as a handy all-in-one guide or as a comprehensive training tool, it will give anyone the knowledge and tools needed to dig beneath standard ratings and determine an organization’s true creditworthiness.

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Posted by getloans - September 13, 2011 at 7:26 am

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Personal Installment Loan No Credit Check – The Cash You Need When Times Are Tough!

Are you in need of a personal installment loan, but you have credit issues? If so then you are probably looking for no credit check personal installment loans. This is not an easy loan to find because your credit usually is checked for any type of financing. You should know about both types of options for your loan.It is important that you start by checking with your own bank or financial institution.

Your bank might be able to help you even if you think they cannot. If you have been with them for many years, have had other loans in the past with them, or have investment accounts with them, then they may be able to help you when you need a personal loan. They will check your credit, but if you have a good history with them, then they might give you a loan regardless of your credit.  Plus if you check with your bank first and they can help you, then you will get a lower rate and it will be very easy to make your payments as well.

Second, you can use Prosper. This is a marketplace for private lenders and borrowers to meet. They will pull your credit, but only once and they will give you a credit rating with them. Once they have done this the private individual lenders will be able to bid on your loan listing and help to fund your personal installment loan. This is a great way to get a loan because it is not always about credit with Prosper.  Plus when you are dealing with individual people you will have a better chance to find someone that has had bad credit before and knows how hard it is for you to get the money you need.

Last, the best option for no credit check personal installment loans is to get a payday loan or cash advance. Most of these companies never check credit and it is always based on the income you have. These loans can go from $100 to $1,500, but they will have to be paid back within 30 days. You can usually extend the loan for another 30 days for a fee that is about 3% to 5% of the loan amount. It all depends on the lender.  This is a great option if you need money and you need it fast because you can get this type of installment loan overnight and sometimes even with an hour or two.  If you have an emergency you have to take care of you can do so with a cash advance or payday loan very quickly.

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Posted by getloans - September 7, 2011 at 8:52 am

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