What do you think the cartoonist is trying to convey about payday loans?

Q: Why some entrepreneurs are hesitant to avail of commercial bank loans? (b) Why some of them resort…

A: To start a business, some amount of capital is needed beyond the owner's capital. Commercial…

Q: What are the advantages and disadvantages of direct lending for the bank?

A: Direct lending for banks refers to a lending strategy where banks provide loans directly to…

Q: Why do federally guaranteed loans usually have the least risk for banks, List some popular…

A: Federal guaranteed loans are loans that are backed by the federal government, which means that the…

Q: What is the difference between Investment Banks and regular Banks? explain one small paragraph.

A: Introduction: Investment banks are those banks that are specialize in providing institutional bodies…

Q: How does credit scoring operate, and how are we as consumers and users of credit effected by it?

A: Credit Scoring - Credit scores are calculated with the help of the details of the old payment…

Q: What are some examples of  loan documents?

A: Loan Document:When taking out a loan, the borrower and lender enter into a legal agreement that…

Q: Why are credits and debits different for banks compared for personal finance usage?

A: In personal account, all expenses, assets, and losses will be debited. All incomes, liabilities, and…

Q: What is the source of funds within Micro Credit? How does this differ from traditional sources of…

A: The process of getting cash to support company operations, acquisitions, or investments is known as…

Q: How does compound interest affect the loans you undertake? For example, how would this  affect…

A: Interest is an additional value which is charged on borrowed or deposited amount. Interest can be an…

Q: nt stud

A: Introduction : In simple words, student loans refers to the amount borrowed by individuals to…

Q: why loan officer prefer accrual basis accounting

A: The financial statement of a firm can be prepared based on accrual basis of accounting or cash basis…

Q: What can you do to build and maintain your credit rating? Why is this important

A: Credit score is used to assess the quality of the credit of the borrower And it is based on 4…

Q: what are interest rates? What do they have to do with the amount of credit provided to businesses…

A: The interest rates regulate the flow of money in a country's economy by controlling the total amount…

Q: What is a credit limit? How does it impact credit utilization (debit-credit ratio) and why is that…

A: Credit Limit :- Credit limit is an limit of spending on an Customer or its the maximum credit can a…

Q: What is the process of Borrowing with Credit Cards?

A: The credit card is a vital instrument to upsurge the buying power. The credit card facility aids to…

Q: What happens when a student loans defaults?

A: Student loan is referred to as the type of loan, which is actually designed for helping the student…

Trade Credit

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