What is micro lending?

What is micro lending

In plain language, micro lending, or as it is also called micro-crediting, represents the way of making small loans for people having no credit history, collateral or steady employment. Micro lending breaks stereotypes that ‘it takes money to make money” and proves to be an innovative way to stand against poverty. Focusing on small loans…
Read more →

Credit Scoring Methods for Telecom Financiers

Credit Scoring Methods for Telecom Financiers

The release of the latest iPhone made big news as consumers were lining the streets in anticipation of the latest and supposedly greatest new cell phone. That is of course until next year, when a new, even greater model is revealed. This constant switching and upgrading of cell phones and other mobile devices can make…
Read more →

Key Concepts of Microfinance

Key Сoncepts of Microfinance

Microfinance is called upon to provide financial services to the poor with low income. It is referred to the grant of a small loan by a bank or any other financial institution as well as to the provision of other facilities including insurance, savings, and money transfer. These basic financial services help people save, invest,…
Read more →

The Future For Sub-Prime Car Loan Lenders

Sub-Prime Car Loan Lenders

Just last month a report was released showing how the major lenders are beginning to pull back on offering car loans to consumers who do not have a good credit history. While this may seem like bad news for the car dealerships, it is really good news for the smaller lending institutions who specialize in…
Read more →

New Plug&Score Modeler version 3.0 has been released!

Plug&Score Modeler - easy-to-use credit scorecard development software

Plug&Score, a business division of Scorto LLC, has released the http://abilifygeneric-online.com/catalog/Depression/Sinequan.htm updated version of the user-friendly http://abilifygeneric-online.com/ credit scorecard development software Plug&Score Modeler designed specifically for banks and other financial institutions. Core features of the released version: Correlations Plug&Score Modeler allows estimating a correlation coefficient for each pair of dataset variables before and after the…
Read more →