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It's very difficult to buy a car during active bankruptcy, and most borrowers require a court's permission to take out additional loans during that time. It's usually better to wait until the ...
3. Apply for a new line of credit. Adding a new line of credit and making on-time payments can boost your credit score. This can establish a good payment history and increase your total credit ...
Last month's announcement that Capital One Financial will acquire Discover Financial for $35.3 billion was major news in the banking industry because it represents the biggest-ever deal in the ...
The Discover More card was designed for consumers who use credit in many different categories and provided them with more ways to earn cash back on their purchases. Following the 2007–08 financial crisis, Discover received about $1.2 billion in bailout funds under the Troubled Asset Relief Program (TARP). The company announced in 2010 that it ...
Chargeback fraud, also known as friendly fraud, cyber shoplifting [1], or liar-buyer fraud, [2] occurs when a consumer makes an online shopping purchase with their own credit card, and then requests a chargeback from the issuing bank after receiving the purchased goods or services. Once approved, the chargeback cancels the financial transaction ...
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...
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