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The predictive model can be a template to review the credit of an individual , group, or sovereign nation.
The premise indicates anyone or group can borrow money at any time, but as the risk goes up the amount the person or group pays the lender goes up. The service Credit Repair Nerds Wisconsin
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The Loss Event for Greece seems to be the Earthquake in 1953. This loss event occurred through no fault of the people of Greece. The destruction resulted in many moving to other geographical areas permanently. Earth quakes tend to reoccur. Public spending to replace needed infrastructure was immediate and ongoing. Their credit risk was high as the infrastructure and humans to conduct the activity to repay loans was absent.
Current causes being listed today (high public spending, tax evasion, inaccurate statistics) like the adaption of the 1999 Euro common currency tend to be symptoms of strategies employed to manage loss created with this 1953 Earthquake.
The loss event created an immediate need to borrow money. We do not choose the loss event, it chooses us. The loss event translates as an increased lending risk on the credit report. Lenders elevate interest rates to compensate for the risk. The result being the buyer pays much more over the lengthy repayment of the loan period.
This leaves Greece like many households with a very tight fiscal budget and increased difficulty when confronted with the 2006 global economic down turn. Credit Repair Nerds
www.creditrepairnerds.com advocates to improve the credit report which can be instrumental when lenders are producing the contract and determining the interest rate. Everyone is at risk of needing help with credit repair over a life time.
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Home Care www.homecarepath.com and the ALONG model deliver an advanced supportive care service. seniors in the home, with clinic visits, at the hospital, nursing home and assisted living facility. seniors downsize with a move in to an adult child's home. 2015 rates are 20.00 per hour. Simply call 608-432-4286 to schedule an interview. be there when you are working. We accept long term care insurance. can be tax deductible. Help with resources and the transition from private payment to public funded programming. Valuing home and human life
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