2017 is the year of the wealthy

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The Main Reason Why People Get Rejected At Banks

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The short answer is credit score. Most commercial banks do not want to take high-risk chances, however, just because your credit score isn’t perfect, does this make you high-risk? Yes and no. Yes because regardless of what happened in the past, it reflects on your current credit score. If your credit score is 600, but you haven’t missed a payment in over 2 years, by the bank’s standards, you are still high-risk. Even though your most recent years are flawless, your credit score determines everything for a bank. This is why Loan Away is a successful company . We understand that you have made mistakes in the past and are seeking a loan, however, the bank will say no based on credit score. Loan Away has tens of factors we consider when reviewing an applicant. This has led the company to have the highest acceptance rate in Canada ! The reason why most people get rejected for a personal loan Whether you’re looking to do home improvements, tackle medical costs, or consolidate d...
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Options for Entrepreneurs with Bad Credit

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To start a business you will need capital and lots of it at that, but what do you do if you have bad credit ? Well, you came to the right article! Loan Away, a financial institution in Ontario, Canada has gathered useful resources for the entrepreneur with bad credit. Often, having bad credit can feel like you are stuck and have little to no options, however, for this to happen to someone who is starting or maintaining a small business is devastating. This is true if you are unaware of the options. Yes, there are options for you to get a business loan or personal loan in Ontario. Jared of Enterpreneur.com has written a great article about the available option you have for getting a loan. We have included as a source for our readers.     Bad Credit? Even an Entrepreneur in Your Shoes Can Score a  Loan  … Most business owners  struggling to overcome poor credit  have a notoriously hard time qualifying for the financing they need to grow their bus...
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No More PIN’s Needed For Credit Cards In 2018?

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For the past several years, credit cards needed a PIN to be entered to complete a transaction. Recently, credit cards have introduced “tap”, which allows consumers to complete small transactions which a need of using your PIN. At first, this seems revolutionary to some and frightening to others. If your credit is stolen, anyone can use the tap function to make a transaction. The credit cards are aware of this issue and have been working diligently to solve this issue. Today, finance yahoo have discovered that Visa is working on a solution to this exact problem. Visa is beta testing Biometric credit cards . Basically, instead of using a pin, the credit card will use fingerprint recognition to verify the credit user. This is a similar technology found in smartphones. Is this a more secure and faster method of making transactions with a credit card? Perhaps. The entire Yahoo Finance article is attached below. No more PINs: Visa testing biometric credit cards People ar...
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