Posts tagged as: Loan Q&A’s

How does a company obtain credit cards based on it’s credit without having to have a guarantor from a person?

When our company began we opened up credit cards for employee’s under our CEO’s credit line because the company did not have sufficient credit. Two years later, we are stumped as to how to obtain credit cards for the company using only the company’s credit. American Express tells us that no matter what we have [...]

Why do people prefer to use credit cards instead of debit cards ?

As far as I know, credit cards involve paying interest rates to the bank which costs additional money on top of the purchases price. On the other hand debit cards are free when used in offline and online purchases, so does anybody know why people prefer to use credit cards instead of debit cards ?

What is the best way for me to build my credit without getting credit cards?

Loans

I have had one credit so far but my payments were not kept on this one card. So i have made my decision and that is to not apply for another one. What are some ways for me to build my credit without credit cards. I have my own apartment and my cell phone wit [...]

How to apply for grants to pay off student loans?

student loans

I have heard of grants that the government will give you to pay off student loans as well as grants that you can use for a down payment on a house. What steps do I take to apply for these grants? Thanks in advance. If you are a nay sayer please to not answer. There [...]

How much do banks make when they sell loans on the secondary market?

loans6-150x98

Banks take their loans and bundle them together and sell them on the secondary market. What is the average fee they make on a typical transaction? What is key to understanding how this works? Related Blogs Related Blogs on Banks State-owned banks fare slightly better than private counterparts … Related Blogs on insurance loans mortgages [...]

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