Why Credit Scoring is Important to Lending
Lending

Why Credit Scoring is Important to Lending

A big determinant in whether you decide to lend a borrower money or not is the confidence you have in the borrower’s ability and willingness to pay you back your money. We have mentioned before that their ability and willingness to return your money are two very different things. Just because someone has the means to pay their debts doesn’t mean […]

How to report unethical lenders
How to

How to report unethical lenders

Are you aware that you can report bad lenders who couldn’t possibly care less about conforming to lawful and responsible lending practices? We sincerely hope so. But we don’t live in an ideal world. As much as there are good and responsible lenders who recover loans ethically and understand that borrowers’ have a right to […]

Why lenders check credit reports and what they really look for
How to

Why lenders check credit reports and what they really look for

Credit reports sit quietly in the background of lending, yet they influence almost every decision a lender makes.