loan amount – Sendika12 http://sendika12.org/ Tue, 15 Mar 2022 00:02:07 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://sendika12.org/wp-content/uploads/2021/10/profile-120x120.png loan amount – Sendika12 http://sendika12.org/ 32 32 Bronco Partners Debt Consolidation Scam 2022 https://sendika12.org/bronco-partners-debt-consolidation-scam-2022/ Tue, 15 Mar 2022 00:02:07 +0000 https://sendika12.org/bronco-partners-debt-consolidation-scam-2022/ Ad Disclosure: We earn referral fees from advertisers. Learn more Is BroncoPartners a scam? We will let you be the judge. Bronco Partners entices you by sending you a direct mail with a “personalized invite code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will […]]]>

Ad Disclosure: We earn referral fees from advertisers. Learn more

Is BroncoPartners a scam? We will let you be the judge.

Bronco Partners entices you by sending you a direct mail with a “personalized invite code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to BroncoFunding.com or myBroncoPartners.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

  • have you been “pre-approved” for a $70,000 loan?
  • Have you been told that your interest rate will drop from 19.90% to 3.15%?
  • Were you promised that your monthly payment would go from $1,320 to $323.40?
  • Have you been sold a monthly savings of $996.60?
  • Did you receive a letter in your mailbox from the Loan Acceptance Department?
  • Did your letter look like this?
Bronco Partners Debt Consolidation Scam 2022 1

It’s not new. Many unscrupulous debt marketing companies have used this as a business model for years. They lure you in with the low interest rate, shackle you for a week, then let you know you don’t qualify for a loan. They then offer you very expensive debt settlement options.

Bronco Partners BBB
Editorial credit: Kate Kultsevych

Is Broncos The partners Legit or a scam?

Crixeo.com rewarded Broncos The partners a 1-star rating (data collected and updated as of February 19, 2021). We hope the information below will help you make an informed decision on whether to do business with Knights Funding. We hope the information below will help you make an informed decision on whether to do business with Knights Funding.

  • Broncos The partners operates two websites, BroncosThe partners.com & myBroncos The partners.com.
  • Broncos The partners is part of a collection of almost 50 websites that we discovered. All are affiliated and listed below.
  • Our belief is that Broncos The partners operates so many different websites in order to escape the huge amount of complaints and negative articles on the internet.
  • We advise caution when working with Broncos The partners. Affiliate websites have several negative reviews and scam complaints.
  • Broncos The partners operates under the sovereign protection of the Mandan, Hidatsa and Arikara Nation (a/k/ MHA Nation), a Native American tribe.

Broncos The partners may be affiliated with the following websites:

  • Hawkeye Associates
  • Brice Capital
  • Capital of the Bruins
  • Loan Dale
  • Yellowhammer Associates
  • Big Apple Associates
  • Cornhusker Advisors
  • badger advisors
  • Rockville Advisors
  • Snowbird Partners
  • Gulf Street Advisors
  • Partners earlier
  • Old Dominion Associates
  • Harrison Funding
  • Johnson Funding
  • Taft Financial
  • Georgetown Funding
  • Memphis Associates
  • Tate Advisors
  • Patriot Funding
  • Malloy loan
  • Plymouth Associates
  • Silvertail Associates
  • Safe Path Advisors
  • Coral Funding
  • neon funding
  • Cobalt Advisors
  • Saxton Associates
  • Hornet Partners
  • Colony Associates
  • First State Associates
  • Polk Partners
  • Ladder Advisors
  • Corey Advisors
  • Pennon Partners
  • Jayhawk Advisors
  • Clay Advisors
  • Great Lakes Associates
  • Pin Advisors
  • Alamo Associates
  • punch partners
  • Partners of the Montagne Blanche
  • Steele Advisors
  • Grand Canyon Advisors
  • Loan of gliders
  • lucky marketing
  • Golden State Partners
  • Pin Advisors
  • Derby Advisors
  • Graylock Advisors
  • Tuck Associates
  • punch partners
  • Bowling Associates
  • Ballast Associates
  • Tweed Loan
  • loan competition
  • Graphite Financing
  • August Funding
  • Broadstar Financial
  • Salvation Funding
  • Stallion loan
  • Pebblestone Financial
  • Sussex funding
  • Lafayette financing
  • Funding for guardian angels
  • Bridgeline financing

Broncos The partners Reviews and Ratings

Broncos The partners and its affiliate websites are not accredited by the BBB and have been the subject of numerous complaints and negative press under various names.

MEC Distribution LLC

At one point, Broncos The partners and its affiliate website operating as MEC Distribution, LLC. The Better Business Bureau issued its first alert on this company in February 2018:

In February 2018, BBB staff visited Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces in office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

BBB has confirmed with the North Dakota Department of Financial Institutions that Lafayette Funding is not licensed in North Dakota as a debt settlement company. Additionally, BBB contacted building management at the Lafayette Funding Claims address in Bismarck, ND, and learned that Lafayette is not located at that address. BBB advises extreme caution when dealing with this entity.

In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces of office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

HaFinancing of the Knights BBB Reviews

You won’t find a BBB file on Financing of the Knights because the complaints haven’t started coming in yet. However, we have reviewed some complaints from its affiliate websites:

Cathy M. – 1 star review

They changed their name to Salvation Funding. After seeing this note, I understand why. I don’t know how they got my information, but they need to be stopped.

Terry W. – 1 star review

Beware of bait and switch shippers. The terms are “extremely different” from those advertised! It’s a waste of time.

My goal is to help others realize that it’s a waste of time! Pebblestone Financial’s advertisement is definitely misleading in my opinion. After my conversation with Fred, his response was, “we can definitely help you…I’ll call you tomorrow morning with the details…have a pen and paper ready to write down the numbers.” The sender includes in fine print… This review is not guaranteed if you do not meet the selected criteria.

It also further states: “This review is based on information in your credit file indicating that you meet certain criteria.” In my case, I’m not behind on payments, and neither will I be. I am current on all outstanding debts and my credit history demonstrates it. When Fred called the next morning… his terms were totally ridiculous and, in my opinion, “predatory loans”. When I asked Fred…are those the terms of Pebblestone’s offer, he said yes. I replied, I’m not interested in those terms and he hung up the phone immediately with no further conversation.

The reason I responded to Pebblestone Financial’s offer was to consolidate and simplify with one payment and take advantage of the low pre-approved average rate of 3.67%. While I currently pay between 10.9% and 12.9% to credit card companies…this offer was attractive. The sender stated in BIG BOLD PRINT: You have been pre-approved for a debt consolidation loan with a rate as low as 3.67%. The pre-approved loan amount was actually $11,500 more than my total debt consolidation.

In summary… it’s definitely a “Bait and Switch” scheme in my opinion. I checked BBB feedback before responding to this offer and have not seen any negative feedback. Now I see other very similar answers with the same “Bait and Switch” experience. Hope this helps others avoid wasting time finding out about these unethical practices of Pebblestone Financial.

The Rent-A-Tribe Program

In recent years, hiding behind the protection of a Native American tribe has been made popular by internet payday lenders. In July 2018 Charles Hallinan, “the payday loan godfather”, was sentenced to 14 years in prison for providing payday loans through the Mowachaht/Muchalaht First Nation in British Columbia. In January 2018, Scott Tucker was sentenced to more than 16 years in prison for running an illegal $3.5 billion payday loan business while operating under “sovereign immunity” from the Modoc tribe of the United States. Oklahoma and the Santee Sioux Tribe of Nebraska.

Why do we focus on Broncos The partnersThe negative reviews?

We urge you to do your own research and due diligence on Broncos The partnersespecially when it comes to your Personal finance. We urge you to be careful what you find on the Internet. Compare the good and the bad and make an informed decision. In our experience, where there is smoke…there is fire. But you make the call.

Knights Funding Review

Bronco Partner Review – Caution Notice

Bronco Partners attracts you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to KnightsFunding.com or myKnightsFunding.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

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Knights Funding Debt Consolidation Scam 2022 https://sendika12.org/knights-funding-debt-consolidation-scam-2022/ Sat, 19 Feb 2022 22:48:00 +0000 https://sendika12.org/knights-funding-debt-consolidation-scam-2022/ Editorial credit: Cinemato Ad Disclosure: We earn referral fees from advertisers. Learn more Is Knights Funding a scam? We will let you be the judge. Knights Funding entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3% to 4% to consolidate your high interest credit […]]]>
Editorial credit: Cinemato

Ad Disclosure: We earn referral fees from advertisers. Learn more

Is Knights Funding a scam? We will let you be the judge.

Knights Funding entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to KnightsFunding.com or myKnightsFunding.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

It’s not new. Many unscrupulous debt marketing companies have used this as a business model for years. They lure you in with the low interest rate, shackle you for a week, then let you know you don’t qualify for a loan. They then offer you very expensive debt settlement options.

Knights Funding Debt Consolidation Scam 2022 2

Is Knights Funding legit or a scam?

Crixeo.com rewarded Financing of the Knights a 1-star rating (data collected and updated as of February 19, 2021). We hope the information below will help you make an informed decision on whether to do business with Knights Funding. We hope the information below will help you make an informed decision on whether to do business with Knights Funding.

  • Financing of the Knights operates two websites, KnightsFunding.com & Funding myKnights.com.
  • Financing of the Knights is part of a collection of almost 50 websites that we discovered. All are affiliated and listed below.
  • Our belief is that Financing of the Knights operates so many different websites in order to escape the huge amount of complaints and negative articles on the internet.
  • We advise caution when working with Financing of the Knights. Affiliate websites have several negative reviews and scam complaints.
  • Financing of the Knights operates under the sovereign protection of the Mandan, Hidatsa and Arikara Nation (a/k/ MHA Nation), a Native American tribe.

Financing of the Knights may be affiliated with the following websites:

Financing of the Knights Reviews and Ratings

Financing of the Knights and its affiliate websites are not accredited by the BBB and have been the subject of numerous complaints and negative press under various names.

MEC Distribution LLC

At one point, Financing of the Knights and its affiliate website operating as MEC Distribution, LLC. The Better Business Bureau issued its first alert on this company in February 2018:

In February 2018, BBB staff visited Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces in office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

BBB has confirmed with the North Dakota Department of Financial Institutions that Lafayette Funding is not licensed in North Dakota as a debt settlement company. Additionally, BBB contacted building management at the Lafayette Funding Claims address in Bismarck, ND, and learned that Lafayette is not located at that address. BBB advises extreme caution when dealing with this entity.

In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces of office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

HaFinancing of the Knights BBB Reviews

You won’t find a BBB file on Financing of the Knights because the complaints haven’t started coming in yet. However, we have reviewed some complaints from its affiliate websites:

Cathy M. – 1 star review

They changed their name to Salvation Funding. After seeing this note, I understand why. I don’t know how they got my information, but they have to stop.

Terry W. – 1 star review

Beware of bait and change sender. The terms are “extremely different” from those advertised! It’s a waste of time.

My goal is to help others realize that it’s a waste of time! Pebblestone Financial’s advertisement is definitely misleading in my opinion. After my conversation with Fred, his response was, “we can definitely help you…I’ll call you tomorrow morning with the details…have a pen and paper ready to write down the numbers.” The sender includes in fine print… This review is not guaranteed if you do not meet the selected criteria.

It also further states: “This review is based on information in your credit file indicating that you meet certain criteria.” In my case, I’m not behind on payments, and neither will I be. I am current on all outstanding debts and my credit history demonstrates it. When Fred called the next morning… his terms were totally ridiculous and, in my opinion, “predatory loans”. When I asked Fred…are those the terms of Pebblestone’s offer, he said yes. I replied, I’m not interested in those terms and he hung up the phone immediately with no further conversation.

The reason I responded to Pebblestone Financial’s offer was to consolidate and simplify with one payment and take advantage of the low pre-approved average rate of 3.67%. While I currently pay between 10.9% and 12.9% to credit card companies…this offer was attractive. The sender stated in BIG BOLD PRINT: You have been pre-approved for a debt consolidation loan with a rate as low as 3.67%. The pre-approved loan amount was actually $11,500 more than my total debt consolidation.

In summary… it’s definitely a “Bait and Switch” scheme in my opinion. I checked BBB feedback before responding to this offer and have not seen any negative feedback. Now I see other very similar answers with the same “Bait and Switch” experience. Hope this helps others avoid wasting time finding out about these unethical practices of Pebblestone Financial.

The Rent-A-Tribe Program

In recent years, hiding behind the protection of a Native American tribe has been made popular by internet payday lenders. In July 2018 Charles Hallinan, “the payday loan godfather”, was sentenced to 14 years in prison for providing payday loans through the Mowachaht/Muchalaht First Nation in British Columbia. In January 2018, Scott Tucker was sentenced to more than 16 years in prison for running an illegal $3.5 billion payday loan business while operating under “sovereign immunity” from the Modoc tribe of the United States. Oklahoma and the Santee Sioux Tribe of Nebraska.

Why do we focus on Financing of the KnightsThe negative reviews?

We urge you to do your own research and due diligence on Financing of the Knightsespecially when it comes to your Personal finance. We urge you to be careful what you find on the Internet. Compare the good and the bad and make an informed decision. In our experience, where there is smoke…there is fire. But you make the call.

Knights Funding Review

Knights Funding Review – Cautionary Notice

Knights Funding entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to KnightsFunding.com or myKnightsFunding.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

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How can you benefit from the lowest interest rates on personal loans? https://sendika12.org/how-can-you-benefit-from-the-lowest-interest-rates-on-personal-loans/ Fri, 18 Feb 2022 04:29:47 +0000 https://sendika12.org/how-can-you-benefit-from-the-lowest-interest-rates-on-personal-loans/ Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We may receive a commission when you click on links to our affiliate partners’ products. Personal loans are a convenient way to borrow small or large amounts of money. They can be used to cover […]]]>

Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We may receive a commission when you click on links to our affiliate partners’ products.

Personal loans are a convenient way to borrow small or large amounts of money. They can be used to cover a variety of expenses – like a wedding, funeral, vacation, surprise medical bill, home repairs and more. And the money is usually paid directly to your bank account in just one day, so you can start spending when you need it. Personal loans have also gained a reputation for lower interest rates than credit cards.

Personal loan APRs average 9.09%, according to the most recent Fed data. In contrast, the average credit card interest rate is around 16.44%. However, some lenders, like LightStream, offer rates as low as 2.49% and offer additional annual percentage yield rebates for signing up for autopay so that your monthly payments are automatically deducted from your bank account.

LightStream Personal Loans

  • Annual Percentage Rate (APR)

    2.49% to 19.99%* when you sign up for autopay

  • Purpose of the loan

    Debt consolidation, renovation, car financing, medical expenses, marriage and more

  • Loan amounts

  • terms

  • Credit needed

  • Assembly costs

  • Prepayment penalty

  • Late charge

A lower interest rate can save you hundreds or even thousands of dollars when paying off a loan. This is why it is beneficial to benefit from an interest rate that is as low as possible.

Generally, the best way to get some of the lowest interest rates on a personal loan is to make sure you apply with a great credit score. The better your credit score, the more favorable the terms of your personal loan will be.

This is because lenders consider applicants with higher credit scores to be more creditworthy, i.e., more likely to make all payments on time and repay the loan amount in full. Thus, they are considered less risky borrowers and lenders will be more inclined to collect lower interest charges from them.

That doesn’t mean you won’t be approved for a personal loan if you don’t have great credit (in fact, we’ve rounded up the lenders who will always accept applicants with lower credit scores). You might not get the best rates and terms.

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If you have time to plan ahead before taking out a personal loan and you’re not too confident about your credit score, you can try taking steps to raise your credit score before submitting your demand.

Continue to pay down your credit card balances to reduce your credit utilization rate. Credit usage is the ratio of the amount of credit you use to the total amount of credit you have. Your credit usage is the second most important factor in your credit score (behind payment history).

The general rule is to keep your credit utilization rate below 30%, but a FICO study found that consumers with credit scores of 750 and above use less than 10% of their total available credit limit.

It may also be worth checking your credit report for any errors that could lower your credit score. You can use Experian to sign up for a free account and check your credit report and receive credit scores from all three bureaus: Experian, Equifax, and TransUnion. Experian also offers a credit monitoring service (also free) that can help you detect possible cases of identity theft, which can affect your ability to get approved for new lines of credit.

Also, be sure not to ask for too many new lines of credit at once. Too many serious new inquiries around the same time can also lower your credit score and make it even harder for you to get approved for your desired personal loan interest rate.

While it may seem like a lot of work, especially if you’re totally new to personal loans, it can also be beneficial to shop around with different lenders to find the lowest rate you qualify for.

With this comparison tool, all you need to do is answer a few questions and Even Financial will determine the best offers for you. The service is free, secure and does not affect your credit score.

This tool is provided and powered by Even Financial, a search and comparison engine that connects you with third-party lenders. Any information you provide is given directly to Even Financial and it may use that information in accordance with its own Privacy policies and Terms of use. By submitting your information, you agree to receive emails from Even. Select does not control and is not responsible for the policies or practices of third parties, and Select does not have access to the data you provide. Select may earn an affiliate commission on partner offers in the Even Financial tool. The commission does not influence the selection in the order of the offers.

And if, despite these steps, your credit rating is still not where you think it should be, you might consider using a co-applicant for your personal loan application. A co-applicant is someone who applies for the loan with you and is also responsible for repaying the full amount of the loan. Co-applicants are often referred to as co-borrowers and can usually be added to your personal loan application form.

Applying with a co-applicant who has a higher credit score than yours can help you get approved for a lower interest rate and other more favorable loan terms. Remember that not all personal lenders accept co-applicants, so you will need to check with the lender before submitting your application. SoFi and OneMain Financial, for example, are two lenders that allow co-applicants, and borrowers can request up to $100,000 and $20,000 respectively.

SoFi Personal Loans

  • Annual Percentage Rate (APR)

    5.74% to 20.28% when you sign up for autopay

  • Purpose of the loan

    Debt consolidation/refinance, home improvement, relocation assistance or medical expenses

  • Loan amounts

  • terms

  • Credit needed

  • Assembly costs

  • Prepayment penalty

  • Late charge

OneMain Financial Personal Loans

  • Annual Percentage Rate (APR)

  • Purpose of the loan

    Debt consolidation, big expenses, emergency expenses

  • Loan amounts

  • terms

  • Credit needed

  • Assembly costs

    Flat fee from $25 to $1,000 or percentage ranging from 1% to 10% (depending on your state)

  • Prepayment penalty

  • Late charge

    Up to $30 per late payment or up to 15% (depending on your state)

At the end of the line

Lower interest rates make personal loans an attractive way to borrow money for major expenses. However, to ensure you get some of the lowest rates offered by a lender, you will need to apply with a very good credit score. Reducing your credit usage and checking your credit report for errors are just a few steps you can take to boost your credit score just in time to submit an application. But if you’re short on time or these actions aren’t as effective as you thought, you might consider finding a co-applicant with a higher credit score.

Check out Select’s in-depth coverage at personal finance, technology and tools, The well-being and more, and follow us on Facebook, instagram and Twitter to stay up to date.

Editorial note: Any opinions, analyses, criticisms or recommendations expressed in this article are those of Select’s editorial staff only and have not been reviewed, endorsed or otherwise endorsed by any third party.

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How to Choose a Debt Consolidation Loan Lender https://sendika12.org/how-to-choose-a-debt-consolidation-loan-lender/ Wed, 16 Feb 2022 13:11:34 +0000 https://sendika12.org/how-to-choose-a-debt-consolidation-loan-lender/ The most popular debt that people often consolidate is credit card debt, usually because it has very high interest rates. However, people can also consolidate other types of debt, such as payday loans, personal loans, and medical bills, so how do you settle with a debt consolidation loan lender? Is it a good idea to […]]]>

The most popular debt that people often consolidate is credit card debt, usually because it has very high interest rates. However, people can also consolidate other types of debt, such as payday loans, personal loans, and medical bills, so how do you settle with a debt consolidation loan lender?

Is it a good idea to consolidate your debts?

A debt consolidation loan is a personal loan, in most cases not everyone has the creditworthiness to qualify for such a loan. First, you need to check if you qualify for an affordable personal loan. Second, depending on the amount of the loan and the company (lender), a debt consolidation loan can be expensive in the long run. For example, taking out a debt consolidation loan allows you to repay it to a single lender. You may be making large payments over a long period of time, which may require you to pay in the long run.

Finally, if you are having difficulty repaying your current debts, will you be able to pay the debt consolidation loan? You need to look at your income and see how much money you have available and whether you can comfortably afford the debt consolidation loan repayments.

When is a debt consolidation loan a good idea?

A debt consolidation the loan is a good idea if:

  • You have a good cash who can pay the monthly debt payments
  • Your monthly debt payments (including mortgage or rent) do not exceed 50% of your monthly gross income
  • You have sufficient credit to qualify for a low interest debt consolidation loan or a 0% credit card
  • You can pay off your debt consolidation loan in five years or less

If you think debt might be another challenge, the best thing to do is talk to a financial adviser before doing anything.

How to choose a debt consolidation loan lender?

Since debt consolidation is not free, you need a debt consolidation loan that fits your budget and helps you achieve your financial goal of eliminating debt. Before giving you a loan, many lenders often pre-qualify you without investigating your credit. Information from prequalifications can give you an idea of ​​the loan amount, rate, and term you might qualify for if your application is approved.

To choose a loan consolidation lender, you can use the pre-qualification information to compare your options and decide which lender is right for you based on different factors such as:

  • Loan cost: The cost of the loan, including organization and other fees, is a determining factor in the qualification of your loan. High fees can outweigh the benefits of getting a consolidation loan.
  • Annual percentage rates (APR): Lenders use your credit score and other financial factors to determine your APR or the interest you pay per month.
  • Characteristics of the lender: Research the lender and learn about their ratings, credit monitoring, hardship programs and customer service. Find out if you can trust them and whether or not you will be comfortable doing business with them.

Endnote

If you decide to consolidate your debts with a debt consolidation loan, it is important to take the time to research your options. Make sure that the loan will meet your budget requirements and help eliminate debt. Don’t settle for a high APR that could affect your overall financial goals.

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4 quick and easy online personal loans https://sendika12.org/4-quick-and-easy-online-personal-loans/ Fri, 28 Jan 2022 14:06:56 +0000 https://sendika12.org/4-quick-and-easy-online-personal-loans/ Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. LOS ANGELES, Jan. 28, 2022 (GLOBE NEWSWIRE) — Many borrowers don’t have time for the traditional loan process, which can take days or even weeks. They need something quick and easy to cover their expenses immediately. Nowadays internet makes it quick and […]]]>

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here.


LOS ANGELES, Jan. 28, 2022 (GLOBE NEWSWIRE) — Many borrowers don’t have time for the traditional loan process, which can take days or even weeks. They need something quick and easy to cover their expenses immediately.

Nowadays internet makes it quick and easy to get personal loans online from the comfort of home. All borrowers need to obtain many of these loans are a few documents and a few minutes of their time. Here are four quick and easy online personal loans that borrowers can get the same day they apply:

1. Cash advances

Cash advances are short-term loans that give borrowers funds to cover expenses before their next payday. They can repay the loan in two to four weeks, depending on when they get their paycheck.

Many cash advance lenders approve borrowers with varying levels of credit rating, making cash advances ideal for borrowers with little or no credit. Lenders will consider factors in addition to the borrower’s credit score when deciding whether to approve, such as income, work history, and current debts.

When the loan matures, the borrower repays the loan plus interest. The borrower may be able to extend it for an additional two to four weeks for an additional finance charge.

2. Installment Loans

Installment loans offer borrowers lump sums of money that they can repay in fixed monthly installments of principal and interest. These loans are ideal for borrowers who need a larger amount of funds to cover an expense, whether they have to pay an unexpected car repair bill or a medical bill.

Installment loans can be secured or unsecured. Secured loans require the borrower to post an item of value that they own as collateral to secure the loan. If the borrower defaults, the lender can take possession of collateral to cover losses, engage in debt collection, file negative information on your credit report, and can take legal action. Unsecured loans, on the other hand, do not require any collateral.

3. Securities Lending

Borrowers who own their vehicles can use their titles as collateral to obtain title loans. Borrowers will need to complete an application and upload documents proving their name, address, income, car insurance, and title for these types of loans.

Title lenders will then appraise the car to determine its value and offer the borrower a loan amount equal to 25-50% of the vehicle’s value. If the borrower accepts, he can receive the funds the same day. One of the great advantages of title loans is that borrowers can continue to drive their car while they pay off the loan.

4. Lines of credit

The line of credit is a form of revolving credit, that is to say that the borrower can draw on the line, within the limit of his available limit. They will only pay interest on the amount they borrow and can repay in periodic installments or all at once.

To obtain a line of credit, a borrower will need to complete an online application and upload all necessary documents, proving income and other information. Once approved, they will receive the funds quickly and can repay them all at once or over time. They will only pay interest on the amount they borrow.

Borrow quickly and easily

Through online lenders, borrowers can get the funds they need without leaving their homes. Whether they want a cash advance, an installment loan, a title loan or a line of credit, they have more options than ever to get the money they need fast. That said, borrowers should ensure they have a good repayment plan in place to avoid interest, fees, or late payments.

Notice: The information provided in this article is provided for guidance only. Consult your financial advisor about your financial situation.

Contact: carolina.darbellesv@iquanti.com

This content was posted through the press release distribution service on Newswire.com.

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Do personal loans create credit? https://sendika12.org/do-personal-loans-create-credit/ Fri, 21 Jan 2022 20:42:16 +0000 https://sendika12.org/do-personal-loans-create-credit/ Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. A personal loan is one way to […]]]>

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own.

A personal loan is one way to build credit, but it’s not your only option. (Shutterstock)

Taking out a personal loan can help you build credit, if you do a good job paying off the loan. Making monthly payments on time can boost your credit score.

But if you miss payments or pay late, these negative marks can stay on your credit report for years and can make it difficult to qualify for other types of financing, like a car or home loan.

How to use a personal loan to build credit

If you find yourself in neck-deep credit card debt, you might want to consider a personal loan for debt consolidation. This type of loan consolidates your current debt into one loan with one monthly payment, preferably at a lower interest rate and with better terms.

Personal loan interest rates are generally lower than most credit cards, and you’ll have a predictable payment each month. When you apply, your credit score may be temporarily affected, but if you make all your payments on time, a debt consolidation loan can help you build your credit score.

Factors that affect your credit score

When reviewing your personal loan application, lenders look at your credit score. But that’s not the only thing they consider. They might also look at your employment history, debt-to-income ratio, and whether you have a co-signer or collateral.

The three major credit bureaus use these five factors to determine your credit score:

  • Payment history – Your payment history has the most weight when determining your credit score. If you regularly make on-time payments on your personal loan, your credit score will likely improve over time. But if you make late payments or miss payments, it can hurt your credit and stay on your reports for up to seven years.
  • Amounts due — When deciding whether to give you a loan, lenders look at how many of your accounts have balances and how much you owe on each. So, paying off or repaying a personal loan can have favorable results on your credit score.
  • Length of credit history — Credit history takes into account any new accounts, the age of your oldest accounts, and the average age of all your accounts. When you repay a personal loan, it can stay on your credit report for up to 10 years. During this time, it can continue to help you improve your overall score.
  • Composition of credit — Having a combination of different types of credit – credit cards and loans – can boost your credit score. If you have credit cards and take out a personal loan, and manage each one well, you can improve your credit score over time.
  • New credit — Take out a personal loan can reduce the age of your accounts, but can also increase your credit score by increasing your available credit.

Potential Drawbacks of Using a Personal Loan to Build Credit

With all the advantages of use a personal loan to build credit, you will also need to consider the potential risks:

  • Monthly payments – Depending on the rate and terms of the personal loan, you could find yourself going over budget just to make your monthly payments. If this happens and you fail to repay your loan, your credit will suffer. Before agreeing to a personal loan, make sure that the monthly payment corresponds to your budget.
  • High interest ratesFor people with good credit, interest rates on personal loans can be much lower than many credit cards. But if you have bad credit or a poor credit history, you might get higher interest rates, which means you’ll pay more interest over the life of the loan.
  • Fees and Penalties — Some personal loans come with origination or processing fees, ranging from 1% to 8% of the loan amount, depending on your credit score. Lenders may also charge prepayment penalties for prepaying your loan, so it’s best to review the terms of your personal loan beforehand.
  • May increase your indebtedness — A personal loan can help pay off or pay off high interest debt. But if you start racking up more credit card debt as soon as you pay it off, it will increase your debt load and defeat the purpose of getting a personal loan.

Personal loan alternatives to build credit

If you want to build credit but a personal loan isn’t right for you, consider these alternatives.

Credit builder loan

A credit enhancement loan is designed for people with no credit or low credit. A traditional personal loan lets you borrow money up front and pay it back over time. But with a credit loan, the lender will place the loan amount – usually $300 to $1,000 – in a locked escrow account.

You’ll make installment payments, usually over six to 24 months, into a dedicated savings account. Your payments will appear on your credit reports, which can help create credit overtime. And at the end of the loan term, you’ll get the amount back from your savings account, less interest and fees.

Personal line of credit

Personal lines of credit are unsecured revolving accounts of credit. Similar to a credit card, you withdraw funds as needed up to a certain limit. As you withdraw money, your available balance decreases. As you repay the borrowed amount, your available balance is restored.

A downside to personal lines of credit is the potential for a higher interest rate on the amount you borrow than on some credit cards or personal loans. Additionally, some accounts charge overdrafts and annual fees, and there is always a risk of overspending.

Home equity loan or line of credit

If you have accumulated equity in your home, a home equity loan or line of credit may be a good alternative to a personal loan. These loans are secured by your home, so you can often get a lower APR than a personal loan. Moreover, you can use the loan for almost anything. But keep in mind that because your home is being used as collateral, if you can’t repay the loan, you risk foreclosure.

0% intro APR credit card or secured credit card

Although many credit cards come with relatively high interest rates, they can be a good option for building credit if you can find a card with an introductory offer of 0% APR for a certain period. As long as you pay off your credit card balance before the end of the promotional period, you will not pay any interest on the amount. Just make sure you’re able to pay the balance in full before the promotion ends or you’ll start earning interest at the card’s regular rate.

If you have bad credit, it can be difficult to qualify for a 0% APR card. Instead of, you may qualify for a secured credit card which helps you build credit over time. If your credit improves, you may be able to switch to an unsecured card.

Why having good credit is important

If you’ve ever applied for a car loan, rented an apartment, or asked to lower your credit card interest rate, you understand why having good credit is so important. Along with lower interest rates and better terms, good credit is essential to your financial future.

If you need a loan to start a new business, don’t want to pay a large down payment when activating utilities, or want to pay lower insurance rates on a car insurance policy, a good credit score can create opportunities. Remember that building a good credit rating doesn’t happen overnight. It takes time and commitment.

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Increase your mortgage pre-approval amount https://sendika12.org/increase-your-mortgage-pre-approval-amount/ Thu, 20 Jan 2022 05:19:33 +0000 https://sendika12.org/increase-your-mortgage-pre-approval-amount/ Ways to increase your mortgage pre-approval amount An increase in the amount of your mortgage pre-approval could help you afford the home of your dreams. If this dream is within your means, consider these strategies to help you increase the pre-approved amount. Increase your down payment If you are able to earn 20% deposit, this […]]]>

Ways to increase your mortgage pre-approval amount

An increase in the amount of your mortgage pre-approval could help you afford the home of your dreams. If this dream is within your means, consider these strategies to help you increase the pre-approved amount.

Increase your down payment

If you are able to earn 20% deposit, this choice could significantly increase your pre-approved amount. This is because such a large down payment will eliminate the need for mortgage insurance.

Without mortgage insurance holding you back, more of your income can go directly to principal and interest. Ultimately, a 20% down payment can give you the boost you’ve been looking for.

Pay off the debt

When you apply for a mortgage, the lender reviews your debt to income ratio. Your DTI ratio is your total monthly debt divided by your gross monthly income.

In general, mortgage lenders want to see a debt to equity ratio below 43%. Although you can qualify with a higher or lower DTI, a lower ratio is more favorable in the eyes of a lender.

With that, if you have other outstanding debts, consider paying them off before seeking pre-approval. If you free up some of your monthly income by paying off your debts, you’ll be in a better position to take on a greater mortgage payment.

Increase your credit score

Credit scores are extremely important when you are a home buyer.

A higher credit score can translate directly into a large amount of pre-approval. Indeed, a higher credit rating can potentially unlock a lower interest rate. With a lower interest rate, more of your income can go directly to the principal of the home loan.

Add a co-borrower

If you can add a co-borrower of your household, it will likely increase the total household income. With more income, you may be able to unlock a larger loan amount.

Consider additional sources of income

If you don’t have a co-borrower to add, there are other ways to increase your earnings on your pre-approval request. Review the details you originally provided to the lender. If you’re like most, you probably sent in your W-2 and left it at that. But you may have other sources of income that can be considered.

Here are some additional sources of income to add to your application:

All of these opportunities are legitimate sources of income. If you forgot to include it on your original application, feel free to add it.

Use a longer loan term

A longer duration term of the loan allows you to spread out payments, which may result in a larger pre-approval amount.

For example, a 30-year loan usually results in a higher loan amount than would be approved with a shorter loan term, such as a 15-year loan. Indeed, the monthly amount is lower because the loan is spread over several payments.

If you’re comfortable with keeping the loan for a longer term, this might be a good option. Be aware that longer-term loans come with higher interest rates. You may be able to make additional payments to prepay the loan.

Get additional quotes

Each lender has slightly different underwriting standards. As a borrower, it is a good idea to get quotes from multiple lenders. You can find the lender that will give you the highest pre-approval amount when you shop around.

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Bronco Partners Examines Debt Consolidation vs. Debt Settlement https://sendika12.org/bronco-partners-examines-debt-consolidation-vs-debt-settlement/ Fri, 31 Dec 2021 08:00:00 +0000 https://sendika12.org/bronco-partners-examines-debt-consolidation-vs-debt-settlement/ Editorial credit: Artur Szczybylo Bronco Partners wants you to know that unsecured debt is a burden for everyone. But it doesn’t have to be: Write a review about Bronco Partners‘ debt consolidation loan and you will find that your debt can be manageable and affordable. A Bronco Partners Debt Consolidation Loan lets you prioritize what’s […]]]>

Editorial credit: Artur Szczybylo


Bronco Partners wants you to know that unsecured debt is a burden for everyone. But it doesn’t have to be: Write a review about Bronco Partnersdebt consolidation loan and you will find that your debt can be manageable and affordable.

A Bronco Partners Debt Consolidation Loan lets you prioritize what’s important to you: your retirement, a fabulous vacation, or even that new oven you’ve been coveting. Life is possible with Bronco Partners.

Bronco Partners Debt
Editorial credit: fizkes

“Debt settlement and consolidation have the same goal of helping clients get rid of credit card loans,” according to Bronco Partners. However, the two concepts are inherently different in how they help people solve their debt problems. While debt settlement is good for reducing the overall loan amount owed, debt consolidation effectively decreases the overall amount you owe the creditor.

The option that meets your needs depends on your current financial situation and your plans for dealing with your debt. Although this article covers both, it is essential that you consult a specialist. In the meantime, it is necessary that you do your research and familiarize yourself with both concepts before choosing one of the two. That said, let’s go.

What is Debt Settlement?

Debt settlement is the process of negotiating with lenders to resolve a loan and reduce the outstanding amount. Although this strategy is typically used to settle a large loan through a single lender, it can also be used to negotiate with multiple lenders.

What is debt consolidation?

Debt consolidation consists, as its name suggests, of consolidating all debts due and take out a new loan to repay the lenders, ideally at a lower interest rate and with quarterly repayment. It is commonly used by people trying to settle many unsecured obligations and other credit card bills.

The pros and cons of debt consolidation and debt settlement differ, especially when needed to get rid of liabilities. If implemented correctly, both can help you get out of debt faster and save more.

How do they work?

When considering the ideal strategy for managing your bills, you may be weighing debt settlement versus debt consolidation. However, it depends on your financial situation.

Debt settlement programs

Debt settlement is when you, or any negotiating agent on your behalf, try to negotiate with your lender to reduce the amount to less than the total amount owed. If the lender approves your offer, pay the settlement and the situation seems to be resolved.

Bronco Partners Debt Consolidation Programs

When you’re burdened with a lot of debt that you’re reminded to pay off every month, debt consolidation can be an effective part of your relief plan. However, it only helps when you can control your spending habits. When you miss out on one of your credit card bills, it can be difficult to recover. If you are paying less in repayments for your debts, consider debt consolidation.

Benefits of Debt Settlement

When a lender is willing to take a portion of the committed amount in exchange for eliminating the balance of the obligation, it looks like an effective option. Debt settlement is seen as potentially negative for borrowers in any debt settlement industry, not least because it can be a paradise for scammers. However, borrowers seeking debt settlement are aware that their alternatives are limited, and the benefits for such individuals are wise to consider.

Debts can be paid off faster

Some avenues of financial help, such as credit counseling programs and debt management plans, usually don’t have too many benefits. Debt settlement can help those who are drowning in debt pay off a lesser amount on current debt. In many cases, this debt settlement procedure is faster than other options.

Bankruptcy can be avoided

Borrowers who opt for debt settlement are often unable to choose among the options and continue to make repayments over the longer term. How it works is that lenders forgive part of the loan, provided the borrower agrees to repay a particular amount. The idea is that they get something instead of nothing.

Prevent being sued for a debt

Depending on your terms, one might have a unique idea of ​​what defines a much worse situation. With debt settlement, you can avoid being sued for non-payment.

Disadvantages of Debt Settlement

The benefits of debt settlement in terms of dollars saved can make it an attractive choice for financial aid. However, borrowers should consider the downsides to ensure they make the right decision.

Debt settlement fees

Most debt settlement companies charge high fees, often ranging from $600 to $3,200 or more. These costs are however not contributed to your obligation; on the contrary, they go directly into corporate wallets.

The effect of debt settlement on credit rating

Although not as damaging as bankruptcy, debt settlement can negatively affect your credit rating when dealing personally with your lenders. The lender may disclose the agreement to major credit reporting agencies. This would impact credit availability, job opportunities, terms of your upcoming loan, and other factors.

Advantages of debt consolidation

  • You can make it easier to practice paying off your debts. Each month, you pay one repayment to the creditor on one date rather than several repayments to various creditors with many different dates.
  • Fixing your credit will boost your credit rating, as long as you don’t use them as often as you used to.
  • In most cases, debt consolidation debts can be obtained for a rate ranging from 9% to 14%.

Disadvantages of debt consolidation

  • The amount of silt is not evacuated or decreases significantly. However, you owe some of the money and the debt problem will not go away completely unless you reduce your spending.
  • Duration can also be a factor. You should expect to take 3 to 4 years on a debt consolidation process until the debt is eliminated.
  • A good credit score is necessary for effective debt reduction. When the credit rating is low, you may be denied a refinance loan.

The conclusion of Bronco Partners

Debt consolidation and debt settlement are difficult unlike bankruptcy because many federal and state bankruptcy rules are more comprehensive than the previous two types of financial assistance. Still, it’s safe to say that while insolvency is a last option, bankruptcy is still a viable alternative to explore if you’re ready to start over completely. You can try debt consolidation or debt settlement on your own or contact a company; However, be sure to do your homework when finding your financial expert.


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Evolution Money: the second burden of debt consolidation increases https://sendika12.org/evolution-money-the-second-burden-of-debt-consolidation-increases/ Wed, 22 Dec 2021 10:55:42 +0000 https://sendika12.org/evolution-money-the-second-burden-of-debt-consolidation-increases/ Second load products, in volume and value, are more likely to be required by debt consolidation borrowers than primary borrowers, according to Evolution Money’s quarterly data tracking. Looking at his total credit data for the last three months, up to the end of November 2021, the product divided by mortgage volume is 77% debt consolidation […]]]>


Second load products, in volume and value, are more likely to be required by debt consolidation borrowers than primary borrowers, according to Evolution Money’s quarterly data tracking.

Looking at his total credit data for the last three months, up to the end of November 2021, the product divided by mortgage volume is 77% debt consolidation / 23% premium and in value 67% debt consolidation. debts / 33% premium.

In the previous two quarters covered by the tracker, the volume of loans to senior borrowers was about 10% higher than this quarter, and there was a more even split between debt consolidation and prime rate. .

Brightstar launches podcast specializing in loans

For borrowers who specifically use a second mortgage for debt consolidation purposes, the average loan amount increased only slightly to £ 21,448, with an average term of 123 months, and the loan-to-value ratio Average (LTV) also increases to 73.9%. .

Borrowers, on average, continued to consolidate five specific debts, but the average value of consolidated debts rose to £ 15,358.

For blue chip borrowers, the average loan amount also increased to £ 35,215, with an average term of 153 months, and an average LTV also dropping from 69% to 72%.

Major borrowers typically take back these second mortgages for debt consolidation (55%), home renovation and some consolidations (23%), and home renovation (18%).

Borrowers also used second charge loans to pay for vehicles and finance existing business ventures. The average number of specific debts consolidated by major borrowers remained at five, and the average value of debt rose again to £ 23,160.

Steve Brilus, Managing Director of Evolution Money, said: “Second load products have always been used by homeowners for debt consolidation purposes, but in previous versions of the tracker we were starting to see an increasing number of Prime borrowers use the latter for purposes that weren’t just for paying off debt.

“This time around, however, it is clear that there has been a comeback in favor of debt consolidation and this is likely to be fueled by data from a period when government support was being withdrawn. , especially with regard to time off, and the fact that many people who had accumulated debts during the pandemic were looking for solutions to pay off these more expensive debts.

“Perhaps this is why we have seen an increase in both the loan size and the average value of debt consolidated by Debt Consolidation and Senior Borrowers, and why LTVs have increased.

“We shouldn’t underestimate the benefits that debt consolidation can offer and with second charge rates likely to be much lower than many other forms of debt, it makes perfect sense for some homeowners to take out a second. charge and reimburse them more expensive. debts first.

“It is likely that as we approach 2022, debt consolidation will remain the main reason for taking out a second mortgage, but we should not exclude more prime borrowers requiring these products, especially if they were able to get a super tough mortgage. Competitive first charge rate over the past 12 months, but still find themselves under the obligation to access additional equity.

“2021 has been a very strong year for the seconds market, and we certainly think 2022 will be the same. This is a growing area of ​​the market in which advisors should be active in helping these clients with these specific requirements.


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Eternal Materials: Announce Subsidiary Increase Monetary Loan Balance Exceeding TWD 10 Million and 2% of Company Equity and Related Matters https://sendika12.org/eternal-materials-announce-subsidiary-increase-monetary-loan-balance-exceeding-twd-10-million-and-2-of-company-equity-and-related-matters/ Wed, 22 Dec 2021 08:43:08 +0000 https://sendika12.org/eternal-materials-announce-subsidiary-increase-monetary-loan-balance-exceeding-twd-10-million-and-2-of-company-equity-and-related-matters/ Declaration 1.Date of occurrence of the event:2021/12/22 2.Funding recipient name, relationship with lender, lending limit (thousand NTD), starting outstanding balance (thousand NTD), new loan (thousand NTD), is it part of a scheduled allocation or revolving limit for the same recipient that the chairman is authorized by the board of directors to allocate, outstanding balance (thousand […]]]>


Declaration

1.Date of occurrence of the event:2021/12/22
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
A.Name of the company:Eternal Chemical (Chengdu) Co.,
Ltd.
Relationship to the Company:100% indirectly-owned
subsidiary
Ceiling amount on loan amount:TWD8,521,512 thousands
Originally extended loans amount:TWD740,823 thousands
Current additional loans:TWD871,556 thousands
Whether of not the board of directors authorize the
chairperson to give loans for the borrowing counterparty:
Yes
Total extended amount of loans:TWD1,612,379 thousands
Reason for current additional loans:
operational needs
B.Name of the company:Eternal Materials Co.,Ltd.
Relationship to the Company:100% indirectly-controlled
foreign subsidiary to the company which is controlling
parent company.
Ceiling amount on loan amount:TWD34,966,342 thousands
Originally extended loans amount:TWD0 thousands
Current additional loans:TWD500,400 thousands
Whether of not the board of directors authorize the
chairperson to give loans for the borrowing counterparty:
No
Total extended amount of loans:TWD500,400 thousands
Reason for current additional loans:
loan repayment needs
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):None
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
Capital:TWD12,808,700 thousands
Accumulated gains:TWD5,926,101 thousands
5.Method of calculation of interest:
Interest calculated by daily
6.For repayment, the condition and the date:
Repayment at any time if necessary
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):TWD11,599,895 thousands
8.The total amount of monetary loans extended to others as a percentage of
the public company��s net worth on the latest financial statements as of the
date of occurrence:49.85%
9.Sources of funds for the company to extend monetary loans to others:
The Company's subsidiary
10.Any other matters that need to be specified:
1.The FX rate of CNY/TWD=4.35778�FUSD/TWD=27.8
2.Capital of
Eternal Chemical (Chengdu) Co., Ltd.:TWD405,905 thousands
Eternal Materials Co.,Ltd.:TWD12,402,795 thousands
3.Accumulated gain or loss of the loan recipient
Eternal Chemical (Chengdu) Co., Ltd.:TWD-792,115 thousands
Eternal Materials Co.,Ltd.:TWD6,718,216 thousands


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