Payday Loans 101: Are They Really That Bad?
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Payday Loans 101: Are They Really That Bad?

Payday loans– life preservers in a stormy sea or bait in shark-infested waters? It depends on who you ask.  Offering a way for those with limited means to access cash for emergency expenses sounds noble on the surface, but Payday loans are not that simple.  Some argue that they are predatory, taking advantage of people...

What is a Secured Loan?
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What is a Secured Loan?

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...

Using Personal Loans to Rebuild Credit
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Using Personal Loans to Rebuild Credit

Rebuilding Credit With Personal Loans Are you looking for personal loans to rebuild your credit? There are many different options available to you to rebuild credit after a personal financial setback. Your professional and personal circumstances will determine which options you’ll pursue to rebuild credit, as will choosing if accounts with slow pays and late...

Security Note
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Security Note

  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...

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

  How to Be a Good Loan 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...

No More Payday Loans!
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No More Payday Loans!

  Why You Should Avoid Payday Loans   Chronic-Debt-Situation is the need to repeatedly utilize high-interest rate loans that decrease the borrower’s purchasing power. Example: a 20% interest payday loan reduces the value of a borrower’s dollar to $0.80—a significant financial loss. The annual payday loan market is estimated to be $46 billion, with 5...

What Besides My Credit Score Goes Into My Loan Decision
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What Besides My Credit Score Goes Into My Loan Decision

  What Goes Into My Loan Decision Every lending company has its 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...

Consolidating Your Bills with a Personal Loan
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Consolidating Your Bills with a Personal Loan

  Using A Personal Loan to Consolidate Bills   The personal sacrifices and financial complications a person and their family have to endure when servicing monthly bills may be an avoidable hardship. No matter if, a person’s accumulation of monthly bills is the result of a sudden and unexpected financial burden, loss of employment, or...

Unsecured Personal Loans vs. Payday Loans
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Unsecured Personal Loans vs. Payday Loans

Differences Between Unsecured Personal Loans & Payday Loans   Unsecured Personal Loans Their loan balances, and repayment histories are reported to the credit bureaus.Timely payments will positively contribute to the borrower’s credit history and score. Several factors determine the annual percentage rates (APR) for unsecured personal loans: borrower’s credit, employment history, loan amount, and the...

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Breaking the Payday Loan Cycle

Personal Loans for Debt Consolidation Loans Now has a variety of personal loan options that you may qualify for that could end what is usually described as a chronic debt situation.  When you need to repeatedly utilize high interest rate loans with high borrowing costs you decrease your purchasing power by decreasing your financial effectiveness....

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