Archive for the ‘Credit’ Category
Credit Union Bank Intranet Portals Passageways leading bank and credit union intranet portal provider introduced two new modules that can be select by financial institutes to customize their individual portal framework. These two new products are knowledge management application and learning management application both applications are very useful for credit unions banks and other financial institutions to enhance their performance supervision knowledge sharing resource management and inter communication. The knowledge management application is extremely helpful to those employees working at client sites and need to search the portal in order to get assistance from concern staff back in company or need to access portal for frequently asked questions. Another exciting feature of this knowledge management application is the ability for credit unions banks and financial institutions to embed a search box in their public Web sites so customers and members visiting their sites can find information for themselves. Second application is the Learning Management Application dedicated to the needs of trainer and training managers provides a Sharable Content Object Reference Read More...
Credit Scores – Get The Facts Maybe you need a new car a computer or maybe a house or student loan for you child there are many reasons that we apply for credit. There is a magical 3 digit number called a “Credit Score” that can decide if you get these loans or at least what it will cost you. You may ask yourself how can a number affect my life so much. Basically the way it works is that credit reports keep track of your payment history how much credit you have open and your debt to credit ratio. These factors are calculated into your credit score. This score will affect how much you can pay for borrowing money insurance and even in some cases whether you will get a certain job or not. This score is used when you are applying for new credit. The lender will look at your score and based on that number will decide what your percentage rate on the loan will be. This number helps the lender determine the amount of risk they have with you depending on this number. They use this number because it is easier for them and less subjective for them to make their decision. They take your score and compare it with other consumers with similar profiles. They take this Read More...