The process of obtaining commercial loan or commercial mortgage is much more involved than running
a simple credit check like with residential mortgages.
With a PLUS loan from the Department of Education, parents may qualify based on
a simple credit check, not necessarily their ability to repay the loan in the future.
In most cases parents must pass
a simple credit check.
Apart from
a simple credit check, private lenders never do deep research; your business plan impacts the decision.
Third,
the simplest no credit check loan to obtain is a cash advance or payday loan because you're guaranteed that they'll not check your credit.
Can
a simple credit check provide a comprehensive understanding of a potential employee?