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In recent months, many economists and lawmakers have frequently touted how the nation’s economy is performing really well, often citing historically low unemployment rates. I’ve always felt that such.
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Greek lender Alpha Bank is preparing two non-performing loan sales that could remove as much as 3.5 billion euros ( billion) of bad debt from its balance sheet, according to two people familiar with.
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Private investment lenders consist of individuals and groups that scrutinize loan applications on an individual basis and make the decision to lend based on risk versus the potential for profit. Oftentimes, these lenders much more willing to accept a high level of risk because they don’t have to answer to stockholders or other entities.
The complete process of every loan product was backbreaking and time-consuming too. In the traditional way of the loan process, borrowers had to visit from bank to bank, submit dozens of documents,
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