Types of Credit Lines. Credit Lines of Mandatory Character. Foreign Experience

In this article, we are going to talk about the one of the types of credit lines (https://dictionary.cambridge.org/dictionary/english/credit-line). Mandatory credit lines basically have two types of repayment terms: non-renewable renewable (revolving). About Non-renewable Credit Lines in Details Non-renewable credit lines have a clear repayment schedule. In this case, any amount paid by the borrower of […]

Trends of Development and Directions of Improvement of Short Term Crediting of Enterprises in the Philippines

In modern Filipino practice, there has been some revitalization of the lending process: a new credit system is being formed, new credit relations are created between the participants of the credit transaction, reflecting the interests of both parties, new forms of lending are emerging to reduce credit risks, the arsenal of bank loans is updated, […]

Negative Credit History and Opportunities to Change It

Modern life shows that there is not always enough money for everything you need. Even employed people with full time job can not afford buying housing, cars, supplies or even medicine and food. On the site of Philippine statistics authority, find information about average salary of a Filipino https://psa.gov.ph/survey/annual-poverty-indicator It is incredibly important to try […]