Category: Uncategorized

Banking and social media are non-compatible

Banking and Social Media: Oil vs Water?

Social media is a time consuming and complex beast. Different platforms punish you depending on your content and your frequency. It seems as if most platforms are geared towards improving the quality of content, but this only helps if a company stays very active with posting content. So now you have this complex multi-headed beast…

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An explanation of the debt-to-income ratio by Magilla.

Debt-to-income ratio, explained

What is debt-to-income ratio? Debt-to-income ratio — referred to as DTI —  is the percentage of your monthly gross income that goes towards paying monthly debts. To calculate, add up your monthly debts and divide by your gross monthly income. E.g. $3500. (debt) ÷ $10,000. (gross monthly income) = 35% DTI. How does my DTI…

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Magilla takes big leap by making a commercial

A Commercial?

No income. Small amount of users. Negligible budget. So why on earth would you shoot a television commercial? Because we think we know our customers. The 40-60 year old business owner or decision-maker of a thriving company over three years in business with a credit score of 720 and above. We think they watch Squawk…

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