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You may need to provide registration documents from the DMV, proof of income, and employment verification to ensure you can pay the entire loan amount. Some companies may want to call your employer, verify banking information, and ensure you have no active title loans. While good credit is ...
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300 crore, MobiKwik explained that it is scaling down ZIP due to lower appetite from lending partners for small ticket credit product. The company is increasing its focus on larger tenure ZIP EMI (another credit line service which offers loans up toRs 2 lakh) products to high quality ...
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For context, ECL is an estimate of the amount of loss a company can incur when a customer does not pay back their loans. As of Q3, the company said that its ECL rate has improved but did not disclose a specific figure. Besides its ECL model, this quarter SBI cards also mentioned ...