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The growth was driven by an increase in the on-book installment loans. increase in bad debt expense related to the increasing accounts receivable coming from uncollected tanker services fee, an.
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It allows us to analyse. apply for loans. And along with the absence of physical branches, the firm also, he adds, employs no traditional-style credit officers. “We have credit experts who tweak.
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If the plan allows it, the employee can take multiple 401(k) loans. The bad news is that the funds won’t be invested during the interim, but foregone growth may still be cheaper than alternative.
"I wish we knew as much as people are giving us credit for knowing," says Viniar. accuse the firm of cynically loading them up with bad loans so that when they blew up the firm could profit from.
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