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Dickson County Board of Education
Monitoring:Review: Annually,
in JulyDescriptor Code:Descriptor Term:Alternative Credit OptionsIssued Date:4.209
Rescinds:08/27/20
Issued:4.2091
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What is alternative credit options?
Alternative credit options are financial products that provide individuals with access to credit outside of traditional sources such as banks.
Who is required to file alternative credit options?
Individuals or businesses that are seeking credit from alternative sources are required to file alternative credit options.
How to fill out alternative credit options?
To fill out alternative credit options, individuals or businesses must provide information about their financial history, income, and credit needs.
What is the purpose of alternative credit options?
The purpose of alternative credit options is to provide individuals with diverse credit options and to expand access to credit for those who may not qualify for traditional loans.
What information must be reported on alternative credit options?
Information such as personal financial history, income, expenses, and credit requirements must be reported on alternative credit options.
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