Personal finance
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Loans with a Terrible Credit History: How Not to Fall into a Debt Trap
Credit history is a borrower’s financial reputation that reflects their discipline in repaying debts. It is formed based on data about past and current loans, the timeliness of their repayment, any delinquencies, and legal disputes. Banks and financial institutions use credit history to assess risks when issuing loans. If there have been delays, defaults, or…
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Loan Without Passport Data: Reality or Myth
The modern financial market offers numerous ways to obtain credit or loans, but the question of whether it is possible to get a loan without providing passport data sparks debates and controversies. Many people seek ways to obtain money as quickly as possible without the need to verify their identity. This leads to the emergence…
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MFO Loan: How to Get Quick Money Without Unnecessary Questions
Microfinance organizations (MFOs) are companies that provide short-term loans to the public for relatively small amounts. They operate within the framework of legislation and are regulated by the Central Bank, but their lending principles differ from those of traditional banks. Unlike banks, MFOs do not require income verification, do not conduct lengthy credit history checks,…
