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Month: March 2019

What Fees Do Banks Take With Loans

What Fees Do Banks Take With Loans

Banks are institutions that earn money on every transaction. Can this surprise anyone? They are not, after all, charity companies, which is why it is rather a legitimate matter. Of course, customers complain that the costs associated with loans are high, however, it should be noted that several aspects affect the occurrence of this phenomenon.   What fees do banks take with loans First of all, you need to take into account, of course, the scale of a particular mortgage,…

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How a Credit Card Builds Our Credit History – Financial Portal

How a Credit Card Builds Our Credit History – Financial Portal

Certainly, anyone who has applied for a loan at the bank at least once knows perfectly well that banks accurately screen the credit history of their clients. And all this thanks to the data collected and processed by the Credit Information Bureau, which for over a dozen years, helps banks and credit unions in better assessment of their clients. It was on the initiative of the banks that the Credit Information Bureau was set up, all to minimize the risk…

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