![What if your Cheque Bounces?](https://blog.coralstone.capital/wp-content/uploads/2020/09/tbpQ8XWjYlldiq7U5xj9-900x400.jpeg)
What if your Cheque Bounces?
One of the popular forms of collateral, lending companies demand from borrowers is a post-dated cheque. Post-dated cheques serve as one of the most popular forms of security to guarantee the risk of loan default. A post-dated cheque contains the total amount to be paid by the borrower; capital and accrued interest as well as…
![Loan Application Checklist](https://blog.coralstone.capital/wp-content/uploads/2020/09/USf6ceGSqx7alSB9d1Gs-e1599494609462-724x600.png)
Loan Application Checklist
So, you have thought about it and you believe the best course of action on the endeavor you are about to pursue is to take out a loan. You have also considered your options and like almost every other Nigerian, you know that the bank will not be able to help you here. As you…
![Is Debt Good or Bad?](https://blog.coralstone.capital/wp-content/uploads/2020/09/MYg9OdhI7r54qpIrDk6H-768x600.png)
Is Debt Good or Bad?
Isn’t it funny that debt is one topic that many people treat like a dirty little secret, yet at one point or the other we have all been in debt? Typically, when someone asks for a loan from family or friends, there’s this unspoken code of confidentiality that immediately comes into play. Perhaps this is…
![The 5 Cs of Credit](https://blog.coralstone.capital/wp-content/uploads/2020/05/VM3fiIjfwS9XDOg1bMER-900x400.jpeg)
The 5 Cs of Credit
Have you ever been rejected multiple times on a loan application? And not just from one loan provider but from different loan companies at a different time in different locations. You may begin to wonder if there was a tag around you that makes these companies reject your loan request or they have a system…