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Posts tagged as “Repayment”

5 Cs of Credit

When individuals or businesses apply for credit—whether it’s a personal loan, a mortgage, or business financing—lenders don’t make decisions based on guesswork. Instead, they use a structured framework known as the 5 Cs of Credit.

Tech Debt

Technical debt—often called tech debt—is a concept in software development that refers to the future cost incurred by choosing a quick, easy, or suboptimal solution today instead of a cleaner, more sustainable approach.

Planning Family Budget

A family budget works much like the financial planning within a business. You must understand your cash flow (income), categorize your expenditures, allocate resources to priorities (like savings and debt), and then regularly review your performance.

Collecting Debts

Dealing with debt collection can be a stressful and confusing process. The debt collection process is essentially when a creditor or a collection agency begins taking steps to get money that is owed to them.

Relocation Assistance

Relocation assistance refers to the support provided by an employer to an employee who is required to move to a new location for work. This support aims to ease the financial and logistical burdens associated with such a move, making the transition smoother for the employee and their family.

Venture Debt

Venture capital has long been associated with fueling innovation and high-growth startups. However, alongside equity financing, another instrument has gained importance in the startup ecosystem: venture debt.

Loan Origination

Loan origination is the comprehensive process by which a borrower applies for a new loan and a lender evaluates, approves, and disburses the funds. It is the critical first stage of the lending lifecycle, preceding loan servicing, which handles the management of the loan after it has been funded.

Lending & Credit

Lending and credit are fundamental concepts in finance, describing the process of one party providing money or assets to another, with the expectation of repayment.

Basics of Debt Management

Debt management is the strategic process of organizing and paying down your debts to achieve financial freedom. It's about taking control of your financial situation rather than letting your debts control you.

Irresponsible Lending

Irresponsible lending, also known as predatory lending, is the practice of extending credit to borrowers without properly assessing their ability to repay.