Own a checking account in your name. *Calculation: (lender fee / loan amount) x (amount of days in a year / duration of the loan) x 100 Low End Calculation: ($40 / $800) * (365 days / 14 days) x 100 = 130.36 percent High End Calculation: ($80 / $800) * (365 days / 14 days) x 100 = 260.71 percent 1997: The Fair Credit Reporting Act (FCRA) was amended to allow individuals to fix incorrect information on their credit reports and removed negative credit events after 7-10 years. Is your current income stable and regular?
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