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Dealstruck: Dealstruck provides a variety of small business funding options, including business term loans, revenue-secured term loans and asset-based lines of credit.
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These requirements vary from lender to lender, but there are some minimum criteria that you have to fulfill regardless of who the lender is.
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The court found that the minister could not support assertions that he had consulted the short-term credit industry and had balanced the rights of consumers and credit providers.
In 2007, the FDIC issued guidelines encouraging banks to offer affordable small-dollar loan alternatives with APRs of 36 percent or less, reasonable and limited fees, amortizing payments, underwriting focused on a borrower's ability to repay but allowing flexible documentation, and to avoid excessive renewals.
Each credit bureau uses a different scoring model.
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- Circuit held that psychological harm can form part of the substantial injury along with financial harm.
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Lenders will consider them to be higher risk borrowers and will charge higher rates to reflect this.