Results for "lenders"22 results found.
Six Ways Group Economics Build Wealth Within Black Communities

The practice of group economics is becoming more popular, especially since it is becoming a more recognized way to build wealth with your family or friends.

by Nailah Herbert
Why Lenders Care About Your Debt-to-Income Ratio

Your debt-to-income ratio, also called DTI, is a calculation that determines the percentage of your gross income that goes towards paying off your debts.

by Sheena Allen
The History of Redlining, and Its Lasting Effect on Black Americans Today

Redlining is a practice where mortgage lenders deny loans to people based on race or the racial makeup of their neighborhoods.

by Sheena Allen
Despite the increase in mobile banking, nationwide closures of bank branches during the pandemic leaves underbanked and unbanked communities further behind.

One of the direst effects has been the financial impact that has resulted from job layoffs and mandated quarantines. The closing of bank branches across the United States reflects the economic impact many have had to endure.

by CapWay
The difference between a credit report and a credit score

A credit report and a credit score are two different pieces of financial information. However, they both have a significant impact on your finances.

by CapWay
COVID-19: Second-Draw PPP Loans

The SBA, under the CARES Act, opened applications for the third round of PPP loans on January 13 at participating community financial institutions. All lenders will accept applications from January 19 through March 31, 2021.

by CapWay
4 Notable Changes Made by the Flexibility Act to the PPP Loan Terms

As the deadline to apply for the Paycheck Protection Program (PPP) loan neared, the news of $130 billion in allocated funds that remain unused promoted the Senate to extend the deadline to apply until August 8, 2020.

by CapWay
Payday Lenders: 7 Facts & Stats

by CapWay
Check Your Credit Report for Free Every Week for One Year. Here’s How.

The three major credit bureaus Equifax, Experian, and TransUnion, are now offering free credit report checks every week until April 2021.

by Nailah Herbert
What Does Payment Relief During COVID-19 Really Mean? (Part II)

by Jala Eaton
What Does Payment Relief During COVID-19 Really Mean? (Part I)

The headlines about being “payment-free for 90 days due to COVID-19” are dangerous because some people do not read past the headline and assume that they can skip their bill payments.

by Jala Eaton
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