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  2. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

  3. Credit Card 101: How Credit Card Debt Works - AOL

    www.aol.com/finance/credit-card-101-credit-card...

    Credit cards require an application to the issuing bank in order to be used. Your annual income, current debt balance, and credit score will affect your approval and the amount of money the bank ...

  4. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    A consolidation loan simplifies your finances by reducing several credit card payments to just one monthly payment. Cons Debt management companies often charge fees, increasing how much money you ...

  5. Factoring (finance) - Wikipedia

    en.wikipedia.org/wiki/Factoring_(finance)

    [13] [1] An example of factoring is the credit card. Factoring is like a credit card where the bank (factor) is buying the debt of the customer without recourse to the seller; if the buyer doesn't pay the amount to the seller the bank cannot claim the money from the seller or the merchant, just as the bank in this case can only claim the money ...

  6. Special journals - Wikipedia

    en.wikipedia.org/wiki/Special_journals

    If the transaction is of a cash nature, you must be convinced that money/cheque/credit card was also exchanged at the time that the good or service was exchanged. Credit Journals record purchases or sales on credit. If the transaction is of a credit nature, you will assume that the cash will be exchanged after the exchange of the good or service.

  7. Meeza - Wikipedia

    en.wikipedia.org/wiki/Meeza

    Meeza was established in early 2019, to provide a national payment scheme supporting a cashless society in Egypt. [7] By the end of 2019, Meeza has issued about 4 million payment cards for use within the Egyptian network.

  8. Mortgage origination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_origination

    The application is filled out by the borrower, either through self-services or with the help of a loan officer. Processing: loan processors ensure accurate packaging of the loan, which includes ensuring that all loan documentation is complete, verified, and compliant for underwriting. The loan processor then orders services and coordinates loan ...

  9. Banking BPO services - Wikipedia

    en.wikipedia.org/wiki/Banking_BPO_Services

    Account servicing processes for credit cards or consumer loans. These most commonly include payment processing systems and services, customer service or call center support operations (voice, digital, email, and mail services), product renewals, and loan disbursement; document management services such as printing and mailing of statements ...

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