Why Finance Companies Benefit From High
Risk Borrowers
Leaf Credit Solutions
Leafcreditsolutions.com
What is credit score and credit risk?
Your credit score is a 3 digit number that lenders,
employers, Insurance companies u...
Your credit score is used to determine if you will pay
back a loan on time, be a responsible employee, or
be a high risk t...
The lower the credit score, the higher the risk
The higher the credit score, the lower the risk
Leafcreditsolutions.com
How do creditors make money from loans?
The extra interest is where the lender makes their
profit from the loan
Leafcredit...
The profits are only made when you go late and now
you become liable for a higher interest rate.
On a zero percent interes...
Studies show that credit card companies make 3
times more money from sub prime borrowers than
prime borrowers
Leafcreditso...
The Fed recently pointed out that credit card earnings
from banks have been consistently higher than all
other bank activi...
The majority of credit card companies profits are
made from the interest charged on outstanding
balances.
Leafcreditsoluti...
The lower your credit score is, the more money a
lender will make off you through higher down
payments and higher rates wh...
Yes, not only do they prefer them, but they go out of
their way to ensure that most people have a low
credit score so that...
Many creditors make minor negative adjustments to the
information that they report to the credit bureaus about
you to ensu...
One common way is that they change the date of last
activity to a more recent date so that the negative
account will repor...
Another common scheme that creditors use is to report
the same account multiple times so that it has more of
a negative im...
Although the system should be fair, unfortunately
that’s not the reality. These are just a few of the
tactics that are use...
You need to directly challenge the creditors that are
reporting negative information to your credit
Leafcreditsolutions.com
Download a Free copy of the E-book
Get your copy of the book at
leafcreditsolutions.com
Leafcreditsolutions.com
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Why Finance Companies Benefit From High Risk Borrowers

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Details on why and how finance companies benefit from high risk borrowers with credit problems and low credit scores. Learn which illegal tactics your creditors are using to purposely lower your credit scores and which easy steps you can take to prevent them from damaging your credit. Every item on your credit report must be reporting 100% accurately, must be verifiable, and reporting within the statue of limitations or it must be removed. This presentation gives you an enormous amount of helpful tips to improve your credit and increase your credit scores.

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Why Finance Companies Benefit From High Risk Borrowers

  1. 1. Why Finance Companies Benefit From High Risk Borrowers Leaf Credit Solutions Leafcreditsolutions.com
  2. 2. What is credit score and credit risk? Your credit score is a 3 digit number that lenders, employers, Insurance companies use to gauge how much of a risk that you are Leafcreditsolutions.com
  3. 3. Your credit score is used to determine if you will pay back a loan on time, be a responsible employee, or be a high risk to an insurance company. Leafcreditsolutions.com
  4. 4. The lower the credit score, the higher the risk The higher the credit score, the lower the risk Leafcreditsolutions.com
  5. 5. How do creditors make money from loans? The extra interest is where the lender makes their profit from the loan Leafcreditsolutions.com
  6. 6. The profits are only made when you go late and now you become liable for a higher interest rate. On a zero percent interest loan, the lender stands to make no profit Leafcreditsolutions.com
  7. 7. Studies show that credit card companies make 3 times more money from sub prime borrowers than prime borrowers Leafcreditsolutions.com
  8. 8. The Fed recently pointed out that credit card earnings from banks have been consistently higher than all other bank activities. Leafcreditsolutions.com
  9. 9. The majority of credit card companies profits are made from the interest charged on outstanding balances. Leafcreditsolutions.com
  10. 10. The lower your credit score is, the more money a lender will make off you through higher down payments and higher rates which ultimately cost you more money. Leafcreditsolutions.com
  11. 11. Yes, not only do they prefer them, but they go out of their way to ensure that most people have a low credit score so that they can charge higher fees. Do lenders prefer people that are high risk? Leafcreditsolutions.com
  12. 12. Many creditors make minor negative adjustments to the information that they report to the credit bureaus about you to ensure that your credit is negatively impacted, so that they can adjust your rate and fees. Leafcreditsolutions.com
  13. 13. One common way is that they change the date of last activity to a more recent date so that the negative account will report to your credit longer than the statue of limitation How do companies alter the information that reports to your credit report? Leafcreditsolutions.com
  14. 14. Another common scheme that creditors use is to report the same account multiple times so that it has more of a negative impact to your credit. Leafcreditsolutions.com
  15. 15. Although the system should be fair, unfortunately that’s not the reality. These are just a few of the tactics that are used by unethical lending companies to hurt your credit and lower your scores. Leafcreditsolutions.com
  16. 16. You need to directly challenge the creditors that are reporting negative information to your credit Leafcreditsolutions.com
  17. 17. Download a Free copy of the E-book Get your copy of the book at leafcreditsolutions.com Leafcreditsolutions.com

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