The phrase "alternative credit" is correct and usable in written English.
It can be used in contexts related to finance, lending, or credit assessment, particularly when discussing non-traditional methods of evaluating creditworthiness.
Example: "Many lenders are now considering alternative credit options to assess borrowers who may not have a traditional credit history."
Alternatives: "non-traditional credit" or "alternative lending."
DFG, founded in 2006, specializes in structured and alternative credit products.
Part of this financing has been replaced by alternative credit providers, which are creating new regulatory challenges".
The alternative credit industry says it provides a vital service for the 10 million Britons who don't have access to cash or savings.
One of the first graduates of the Barclays accelerator is Aneesh Varma, co-founder of Aire, which provides an alternative credit score for consumers.
Or they may be willing to look at alternative credit scores that incorporate payment information that doesn't show up on traditional credit reports.
Even so, an annual rate of 120 percent "is significantly more expensive than alternative credit products such as credit cards or consumer finance loans," the report notes.
This paper therefore aims at introducing the application of data envelopment analysis (DEA) as an alternative credit-scoring model.
Payday Alternatives Credit Unions Offer cheaper loans – around 1 per cent interest a month – but you will need to save a small amount with them first.
(viii) In this paper, we have introduced alternative trade credit policy, i.e. suppliers offered trade credit period M to the retailers.
Credit card companies chafe when PayPal marketing describes the service as a safer alternative than credit cards and reel at PayPal's suggestion that fraud victims have to jump through hoops to be reimbursed.
Some 60,000 of these cars carrying the defeat device were sold by VW in the U.S., and an estimated $51 million tax credits were subsequently rewarded to individuals because their cars were among those benefiting from the 2005 alternative vehicle credit. .
