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Business Partner Magazine

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Understanding consumer credit: what it is and how it works

February 23, 2022 by BPM Team

Online credit card payment for purchases from online stores

If you’re an avid user of credit cards, then the term consumer credit is something you must be highly familiar with.  It is something we use every day to purchase necessities and everyday needs instead of paying in cash.  It’s a convenient way of making payments, … [Read more...]

Keep This in Mind before Hiring a Credit Repair Services

February 11, 2022 by Kevin Adams

credit report concept

Whether you want to handle it yourself or pay a credit repair firm, there are two options for working with a credit repair. Either you gain an advantage or a disadvantage when it comes to improving your credit score. Before considering whether or not it is worthwhile to use a … [Read more...]

Is It Good To Increase Your Credit Limit?

January 25, 2022 by BPM Team

Guest booking a tour at a hotel

The credit limit is the maximum amount of money or credit a lender extends to the customer. Typically, lenders such as banks and financial institutions set certain credit limits based on the information obtained from the customer. A credit score is a critical measure used by … [Read more...]

How Does A Credit Union Work?

December 9, 2021 by BPM Team

credit union building image

What Is A Credit Union?  Like banks, credit unions are financial institutions owned by their members. They are non-profit organisations that exist to serve their members, not to profit. Because of this, credit unions often offer better savings, loan, and fee rates. But … [Read more...]

How Often Does Your Credit Score Update?

October 7, 2021 by BPM Team

Credit score written on black board

A good credit score is very essential to build a solid financial future. On the contrary, planning a personal loan and mortgage will be tough with a low credit score. Even if you qualify, you will need to pay higher interest rates. That’s why every credit card user is interested … [Read more...]

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