Not exact matches
If you have bad credit the
most common scenario for loan applications with
traditional lenders, banks and
financial institutions is a straight decline.
Most traditional banks and customary
financial institutions have fees and charges just for filling out an application, as well as hurting your credit score when they pull a credit report.
With
most financial institutions, the term period for a loan is usually much shorter than the 30 years we see with
most traditional residential home loans.
Public blockchains, however, hold the potential to replace
most functions of
traditional financial institutions with software, fundamentally reshaping the way the
financial system works.»
Unlike
most other cryptocurrencies which have systemically moved away from
traditional banking, Ripple uses the blockchain technology to redefine how
traditional banks and other
financial institutions transfer money.
Unlike
most financial institutions and
traditional lenders, private lenders will be very willing to make you a deal as long as you have some proof of income and a desire to have a mortgage.
While it is true that
most business lending takes place through
traditional financial institutions such as banks, sometimes
traditional criteria can be difficult for a business or individual to meet.