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One way to remove credit card debt? Open another credit card – WKBT

March 1, 2021 4:03 PM Sara Rathner Posted: March 1, 2021 4:03 PM Updated: March 3, 2021 11:56 AM Getty imagesIt can seem completely counterintuitive, right? If credit cards got you into debt in the first place, why on earth would you start filing for another while you're trying to handle that debt? You could risk making things worse. That can certainly happen. But if you have a plan - and if you're strategically applying for the right kind of new credit card - it can actually be one of the best ways to get rid of your debt. In…

Business credit card platform Moss raises $ 25.5 million – TechCrunch

German startup Moss raised a $ 25.5 million (€ 21 million) funding round led by Valar Ventures. Existing investors Cherry Ventures and Global Founders Capital are also participating. Moss offers credit cards and a spending platform to small and medium businesses in Germany. The company has developed its own risk engine to come up with a credit card limit for your business. Like it Brex in the US, Moss promises higher credit card limits compared to credit cards offered by traditional financial institutions. Again, Moss doesn't offer prepaid or debit cards - it focuses on credit cards. You can spend…

Comprehensive report on the 2021 credit repair services market | Size, growth, demand, opportunities and forecast to 2027

Credit repair services market research report is the new statistical data source added by A2Z Market research “The credit repair services market is growing at a high CAGR during the 2021-2027 forecast period. The increasing interest of the individuals in this industry is that the main reason for the expansion of this market ”. Credit repair services market research is an intelligence report with painstaking efforts to study correct and valuable information. The data reviewed takes into account both existing top players and emerging competitors. Business strategies of the main players and the new entrants to the market are studied…

GreenSky prizes ABS for the first time a home improvement loan

Home improvement loans provided through point-of-sale financing specialist GreenSky came to the asset-backed market in an initial securitization of $ 261.8 million.According to market data, sponsor Waterfall Asset Management marketed bonds in three tranches, which were backed by the equity interests in a pool of unsecured premium consumer loans typically used to fund major door / window and HVAC system upgrades.Waterfall, of which founders were securitized asset trailblazers of the 1980s, collected the assets primarily sourced from Synovus Bank and Midland States Bank in partnership with GreenSky to provide indirect loans through 16,000 home improvement retailers across the country, including…

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