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  2. How to write a letter of explanation for a mortgage - AOL

    www.aol.com/finance/write-letter-explanation...

    The letter of explanation addresses red flags that might derail your approval: why you were unemployed for a period of time or why there’s an unpaid balance on your credit report. Not every ...

  3. What is a 609 dispute letter? - AOL

    www.aol.com/finance/609-dispute-letter-221731481...

    A credit dispute letter may work to eliminate or correct negative marks on your credit. However, that may not be the only step you need to take to improve your credit. Consider the following options:

  4. Don't fall for a credit repair scam: Clean up your credit for ...

    www.aol.com/finance/credit-repair-160240600.html

    While credit repair companies often claim they can "erase" bad credit or boost your scores, claims like these can be both false and misleading. Follow 5 steps to fix your credit without spending a ...

  5. Credit management - Wikipedia

    en.wikipedia.org/wiki/Credit_management

    Hiring and firing credit analysts, accounts receivable and collections personnel. Enforcing the "stop list" of supply of goods and services to customers. Removing bad debts from the ledger (Bad Debt Write-Offs). Setting credit limits. Setting credit terms beyond those within credit analysts' authority. Setting credit rating criteria.

  6. Bad debt - Wikipedia

    en.wikipedia.org/wiki/Bad_debt

    Bad business debt examples include: Credit sales to customers; Loans to clients, suppliers, distributors, and employees; Business loan guarantees; When deducting a business bad debt, the deduction is figured through the taxable income that is based on your business's full or partial gross income. [13]

  7. Consumer credit risk - Wikipedia

    en.wikipedia.org/wiki/Consumer_credit_risk

    A common method for predicting credit risk is through the credit scorecard. The scorecard is a statistically based model for attributing a number (score) to a customer (or an account) which indicates the predicted probability that the customer will exhibit a certain behaviour. In calculating the score, a range of data sources may be used ...

  8. The biggest pros and cons of personal loans for bad credit - AOL

    www.aol.com/finance/pros-cons-bad-credit-loans...

    Bad credit loans are a type of personal loan designed specifically for consumers with lower credit scores — typically under 670. These loans make credit more accessible to borrowers who likely ...

  9. Sales letter - Wikipedia

    en.wikipedia.org/wiki/Sales_letter

    A sales letter is often, but not exclusively, the last stage of the sales process before the customer places an order, and is designed to ensure that the prospect is committed to becoming a customer. Since the advent of the internet, the sales letter has become an integral part of internet marketing , and typically takes the form of an email or ...