Thank you for visiting Loans Athens-Clarke dot Com
Home ownership is a dream for many Americans, as is owning your own car, boat, RV etc etc. Here at Loans Athens-Clarke dot Com we try to present ways of obtaining loans and finance in order that your dreams will come true.
Of course the world economy has been bad throughout 2009 and combine this with an continuing difficult economy the banks are now more concerned than ever about lending money to the wrong person. Pay day loans are certainly not an answer to the world’s financial woes and do not exist in many parts of the world, but here in the USA they are great for helping people who find that they need just a little bit of extra cash to last them until payday.
There are many other examples of bank finance and cash loans available within Loans Athens-Clarke dot Com and we hope you will take the time to look around and you will find exactly what your looking for, whether it be a home mortgage, a car loan or business finance.
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FAQs about student loans:
What is a 'credit record'? A credit record is really a written record of what credit that you have taken out for the last 6 years. It reveals how much you have taken out and whether you have neglected any repayments etc. A credit record permits possible credit providers to look at your financial history so that they will be able to decide whether to lend you money. The statistics on your report is complied by credit reference agencies for example, Equifax and Experian. They use information from public documents (e.g. information from the electoral roll, county court judgments etc) and from lenders as well as financial institutions: e.g. credit applications, credit accounts.
What is a 'credit check'? A credit check is a form of research performed by a prospective loan company to gauge how eligible you are for a loan. They will look at your credit record to know your ongoing and earlier financial responsibilities. They can then assign you a credit rating to check if the fashion in which you handle you financial matters fulfils their requisites for credit.
What is a 'credit score'? A credit score or credit rating is a technique that prospective loan providers use for evaluating the credit eligibility of a customer. They will examine the potential customer's credit report, the data on their application and the specific loan requested. They will then employ a numerical scoring system to evaluate the amount of 'risk' implicated in lending to the would-be borrower.
Equifax is one of a number of significant credit referencing agencies in the country. Equifax compiles all your credit data from a range of sources to establish a file that indicates your credit history - i.e. your credit report. If you apply for credit, loan providers will study your credit file to see your credit record. You can request a copy of your file at any point in order to see that everything is correct. The Equifax internet website has lots of constructive advice on making sensible financial choices and safeguarding yourself from fraudulent practices.
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