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eCreditDaily
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We are eCreditDaily. The concept of a society where everyone is confidently able to make financial choices transcends individuals and permeates the organization’s core principles.

We are supported by readers, advertisers, and affiliate deals. We have strict editorial guidelines that include privacy for readers with sitemap transparency, honest marketing practices, responsible lending, our no-gift policy, and clear information for our prospective investors and users.

We produce our own reviews, and we also gather votes and comments from our readers.

We update our information frequently. You can contact us, receive support, and meet our team.

We give back to the community through our career planning, our diversity policy and against modern slavery.

Bootstrapping Phase

As a news media organization, eCreditDaily completed the bootstrapping phase of development. During that stage, the company relied on personal savings, loans, and funds from family and friends to fund its operations, as it works to establish its brand, build its team, and develop a minimum viable product (MVP). You can follow the Bootstrapping, Seeding, and Series A phases in Crunchbase.

To achieve its goal of providing timely and insightful coverage of the latest developments in the world of business and finance, eCreditDaily is focusing on conducting extensive market research to identify gaps in the market and opportunities for growth. This research will help the company to determine its target audience, understand their needs, and develop content that resonates with them.

In addition, eCreditDaily is building a team of experienced journalists and industry experts who are passionate about providing high-quality reviews and analysis. The team is working to establish relationships with key sources and industry insiders, and to build a strong brand identity that sets the company apart from its competitors.

As part of its efforts to build a minimum viable product, Business Finance News developed a website and social media channels, such as LinkedIn, Facebook, and Twitter, established editorial guidelines and standards, and defined to use of a content management system (CMS) that will allow the team to efficiently produce and distribute content. In that effort, our company moved from Ghost to Contentful and finally decided on WordPress.

This will help the company to deliver high-quality reviews and analysis to its readers and establish itself as a trusted source of information in the industry.

During the bootstrapping phase, eCreditDaily is working to establish a sustainable business model that will generate revenue and support the company’s growth over the long term. This may involve generating revenue from advertising, affiliate deals, or other sources, and reinvesting that revenue into the business to support further growth and development.

Overall, eCreditDaily is committed to building a successful and sustainable news media organization that delivers high-quality content and insights to its readers. While the bootstrapping phase was just the beginning of the company’s journey, it represents an important first step in achieving this goal.

Pre-Seeding Phase: Preparation For Series A

As a startup entering the seeding phase, we are focused on preparing for a future Series A round of funding. To achieve this goal, we are working to establish a solid foundation for the company and to demonstrate its potential for growth and success to potential investors.

During this phase, we are refining and building out the company’s product or service offering, expanding the team and hiring new talent, and refining the company’s business model to ensure it is scalable and sustainable. This will involve conducting further market research, identifying potential revenue streams, and developing marketing and sales strategies that can drive growth and build a strong customer base.

To attract potential investors and position the company for success in a future Series A round of funding, we are focusing on establishing a strong brand identity and building relationships with key players in the industry. This may involve attending industry events and networking with potential investors and partners, as well as establishing a strong presence on social media and other digital platforms.

In addition to these activities, we are also working to establish strong financial and operational systems that can support the company’s growth over the long term. This may involve developing financial projections and budgets, implementing systems for tracking key performance metrics and building a strong team culture and infrastructure that can support the company’s goals and objectives.

Overall, we recognize that the seeding phase is a critical time in the company’s development, and we are committed to doing everything possible to position the company for success in a future Series A round of funding. By building a strong foundation for the company, refining its product or service offering, and establishing key relationships and systems, we are confident that we can build a successful and sustainable business that delivers value to customers and investors alike.

DISCLAIMER

A personal loan is a medium-term loan with a fixed interest rate that is repaid in equal monthly payments and it's usually limited to 24 months. Loan offers and eligibility depend on your individual credit profile. Our lenders can help you obtain as much as $3,000 depending on the lender, your state and your financial situation.

The owner and operator of ecreditdaily.com is not a lender and is not involved into making credit decisions associated with lending or making loan offers. Instead, the website is designed only for a matching service, which enables the users contact with the lenders and third parties. The website does not charge any fees for its service, nor does it oblige any user to initiate contact with any of the lenders or third parties or accept any loan product or service offered by the lenders. All the data concerning personal loan products and the industry is presented on the website for information purposes only.

ecreditdaily.com does not endorse any particular lender, nor does it represent or is responsible for the actions or inactions of the lenders. ecreditdaily.com does not collect, store or has access to the information regarding the fees and charges associated with the contacting lenders and/or any loan products. Online personal loans are not available in all the states. Not all the lenders in the network can provide the loans up to $3,000. ecreditdaily.com cannot guarantee that the user of the website will be approved by any lender or for any loan product, will be matched with a lender, or if matched, will receive a personal loan offer on the terms requested in the online form. The lenders may need to perform credit check via one or more credit bureaus, including but not limited to major credit bureaus in order to determine credit reliability and the scopes of credit products to offer. The lenders in the network may need to perform additional verifications, including but not limited to social security number, driver license number, national ID or other identification documents. The terms and scopes of loan products vary from lender to lender and can depend on numerous factors, including but not limited to the state of residence and credit standing of the applicant, as well as the terms determined by each lender individually. 

APR REPRESENTATIVE

APR (Annual Percentage Rate) is the loan rate calculated for the annual term. Since businessfinancenews.com is not a lender and has no information regarding the terms and other details of personal loan products offered by lenders individually, businessfinancenews.com cannot provide the exact APR charged for any loan product offered by the lenders. The APRs greatly vary from lender to lender, state to state and depend on numerous factors, including but not limited to the credit standing of an applicant. Additional charges associated with the loan offer, including but not limited to origination fees, late payment, non-payment charges and penalties, as well as non-financial actions, such as late payment reporting and debt collection actions, may be applied by the lenders. These financial and non-financial actions have nothing to do with ecreditdaily.com, and ecreditdaily.com has no information regaining whatsoever actions may be taken by the lenders. All the financial and non-financial charges and actions are to be disclosed in any particular loan agreement in a clear and transparent manner. The APR is calculated as the annual charge and is not a financial charge for a personal loan product. 

Late Payment Implications

It is highly recommended to contact the lender if late payment is expected or considered possible. In this case, late payment fees and charges may be implied. Federal and state regulations are determined for the cases of late payment and may vary from case to case. All the details concerning the procedures and costs associated with late payment are disclosed in loan agreement and should be reviewed prior to signing any related document. 

Non-payment Implications

Financial and non-financial penalties may be implied in cases of non-payment or missed payment. Fees and other financial charges for late payment are to be disclosed in loan agreement. Additional actions related to non-payment, such as renewals, may be implied upon given consent. The terms of renewal are to be disclosed in each loan agreement individually. Additional charges and fees associated with renewal may be applied. 

Debt collection practices and other related procedures may be performed. All the actions related to these practices are adjusted to Fair Debt Collection Practices Act regulations and other applicable federal and state laws in order to protect consumers from unfair lending and negative borrowing experience. The majority of lenders do not refer to outside collection agencies and attempt to collect the debt via in-house means. 

Non-payment and late payment may have negative impact on the borrowers’ credit standing and downgrade their credit scores, as the lenders may report delinquency to credit bureaus, including but not limited to Equifax, Transunion, and Experian. In this case the results of non-payment and late payment may be recorded and remain in credit reports for the determined amount of time. 

eCreditDaily

About Us And Mission Statement: eCreditDaily is a company for payday loans, installment loans, and general loans analysis, and our paramount mission is to deliver accessible and judicious lending solutions to individuals and enterprises necessitating expedient financial aid compliant with our responsible lending policy.

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