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As the economy recovers, loan approval rates rise for small businesses

Small business loan approval percentages in large banks (over $ 10 billion in assets) edged up from 13.5% in May to 13.6% and approvals from small banks rose from 18.7%…

Personal Loans Boom Amid Covid: Sign Of Problems Ahead?

Loans to individuals, or loans to individuals, may soon become the most important segment of the Indian credit market, removing the first place from industrial loans. Loans in the retail…

Why having a balance on your credit card is a horrible habit

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from…

Liz Weston: Will a FICO score of 788 give me the best mortgage rate?

Dear Liz: I have been thinking about buying a house and want to get a good deal on the mortgage. To do this, I worked on improving my credit rating.…

Buy, borrow, die: how rich Americans live on their paper

Rising stocks and rocketing interest rates have given wealthy Americans a big advantage: cheap loans they can use to finance their lifestyle while minimizing their tax bill. Banks say their…

Toyota says it will suspend donations to 147 Republicans who opposed certification of Biden’s victory

After the Jan. 6 Capitol uprising, “dozens of large corporations, citing their commitment to democracy, pledged to avoid giving money to the 147 lawmakers who opposed congressional certification of Joe…

Banks could cut lending in rate / fx swaps as reverse repurchase agreements grow -Credit Suisse analyst

By Karen Brettell July 7 (Reuters) – U.S. banks and money markets are likely to invest more in the Federal Reserve’s repo facility in the coming months, which could reduce…

What is an SR&ED tax credit?

The types of financing available to businesses have evolved along with the economy’s tendency to reward innovation. A wide range of support mechanisms and funding programs have emerged, both from…

Some call on Congress to hold Equifax, Experian and Transunion more accountable – WSOC TV

Many consumers complain about the three credit bureaus: Equifax, Experian, and TransUnion. After all, their decisions can affect how much you pay for loans, insurance, and even cell phone plans.…

How Small Businesses Claim Billions in IRS Cash Refunds

A store advertises for employees, after restrictions on coronavirus disease (COVID-19) were lifted, in Santa Monica, Calif., On June 22, 2021. Lucy Nicholson | Reuters Small businesses across the country…