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no, we can issue standby letter of credit to clients with such credit facilities. although it may be backed with trust receipt depending on the credit standing of the client.
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Where can someone with bad credit get mortgages?
Someone with bad credit can apply for mortgages through the FHA program. These mortgages are backed up by the FHA and are a good choice for someone who has bad credit.
Can you build credit history by using Debit card alone and not using Credit card at all?
No, spendings of debit cards aren't reported to credit reporting agencies. However it's possible to have a secured credit card(backed by a savings account) and build credit with that.
What is the definition of debenture?
an unsecured loan certificate issued by a company, backed by general credit rather than by specified assets.
Can you explain what the difference is between unsecured and secured business credit cards?
Unsecured credit cards allow free spending with a credit limit. They are the most common type of credit card and are based upon trust. Secured credit cards are backed by funds that are pre-paid into the account or collateral. They are more like a loan.
What is the maximum loan available through Provident Personal Credit?
Provident Personal Credit is a loans company based in the United Kingdom. They provide small cash loans ranging from £100-£500. They appear to be trustworthy and are backed by the Consumer Credit Association.
How did knights solve their problems?
they always had back up and they never backed out or backed down
Which of these is a government-backed plus for having a child?
year-end tax credit
What is government-backed financial plus for having a child?
year-end tax credit
Are export credit agencies fully government-backed?
Export credit agencies are independent entities that offer government-backed loans, guarantees, and risk insurance. Typically, these agencies target high-risk companies abroad (often in developing countries).
What does GECRB stand for?
Brooks Brothers credit card backed by GE Capital Retail Bank.
Where can someone with bad credit get mortgages?
Someone with bad credit can apply for mortgages through the FHA program. These mortgages are backed up by the FHA and are a good choice for someone who has bad credit.
Are federally sponsored credit agency issues directly backed by the US Treasury?
They are not, but they rarely (if ever) fail.
What does gecrb brkbrd stand for?
Brooks Brothers credit card backed by GE Capital Retail Bank.
Can you build credit history by using Debit card alone and not using Credit card at all?
No, spendings of debit cards aren't reported to credit reporting agencies. However it's possible to have a secured credit card(backed by a savings account) and build credit with that.
What is the definition of debenture?
an unsecured loan certificate issued by a company, backed by general credit rather than by specified assets.
What are some Kenyan animals that begin with the letter B?
Black-backed jackal is an animal in Kenya. It begins with the letter b.
Can you explain what the difference is between unsecured and secured business credit cards?
Unsecured credit cards allow free spending with a credit limit. They are the most common type of credit card and are based upon trust. Secured credit cards are backed by funds that are pre-paid into the account or collateral. They are more like a loan.
