What is a Secured Loan?
Post

What is a Secured Loan?

The terms and conditions for a secured loan vary from lending company to lending company. They are loans that require a borrower to back his or her creditworthiness, the consideration given to a borrower’s likeliness to repay a loan, as a form of collateral. Collateral is a kind of property pledged to secure or guarantee...

Security Note
Post

Security Note

It has come to our attention that a scam company has been using our logo and brand to solicit money from clients. We are not sure how these clients are being contacted as we do not share any data with anyone ever. This company or Scam company has been asking clients to send them money...

Presenting Yourself to a Lender: How to be a Good Candidate
Post

Presenting Yourself to a Lender: How to be a Good Candidate

When an individual applies for a loan, it’s in their best interest to present the most creditworthy application possible to the lender or lending company’s loan office. There are several ways for a potential borrower to maintain good credit. Personal Loans with Bad Credit The single most important factor used by lending companies to determine...

What Besides My Credit Score Goes Into My Loan Decision
Post

What Besides My Credit Score Goes Into My Loan Decision

Every lending company has it’s own set of underwriting, or decision-making guidelines. They use them to either decline or approve an applicant’s loan, and they frequently change. Most lending companies that make personal loans borrow the money they use to fund their loans from large institutional investors who set covenants, or requirements the lending companies...

Never Send Money to Anyone to Obtain a Loan
Post

Never Send Money to Anyone to Obtain a Loan

There are several different places a person can apply for a secured or unsecured personal loan: a bank, finance company, or payday loan office. Each type of organization may require an application fee to initiate the lending process – it’s a common and allowable business practice. An applicant knows when they visit a loan company’s...

Auto Loan – Financing Auto Repairs
Post

Auto Loan – Financing Auto Repairs

There may be are a variety of financial options and solutions available to a person needing to finance his or her auto repairs: credit cards, payday loans, or a financing plan through a repair shop. Trading the damaged or disabled vehicle in for another one purchased with an auto loan may be a possibility too....