What many people wonder when looking for a new car is how to pay for it. When it comes to purchasing a car, there are two options: cash and auto loans. For many, paying with cash upfront isn’t an option. Cars are expensive, especially if buying new, so writing a check for $25,000 is impossible.[…]
So, you need quick cash. What option will you take? You can either seek a loan matching service or direct lenders online. The online direct lenders or loan matching services will offer you either a personal loan or payday loan. But, before you take the leap… You need to know the pros and cons of[…]
To get a payday loan or not – this is a question that tones of people mull over every day. Many, although they could use the help, decide not to obtain a pay day loan because payday loans are often criticized for many issues that are actually misconceptions. Let’s take a look at the top[…]
A global slowing down of the economy means that less than a quarter of the requested loans are approved, and this is because banks can’t afford the default risk. Their evaluation methods are harsh, documentation takes painstakingly long, but protects them from unnecessary loses. You would do the same if you were the one lending[…]
There are so many different types of loans for borrowers to choose from. Loans on cars, debt consolidation loans, payday loans and personal loans to name only a few. Some are also referred to as installment loans in which the borrower pays back to the lender on a monthly basis. Personal loan vs. Installment Loan[…]
It would be great if your credit score didn’t matter. Wouldn’t it be nice if it worked like this: You could walk into a bank and ask for a loan – for a car, let’s say. You promise to pay it back. The banker asks you some questions, makes sure you have income, looks you[…]
Self-employment comes with benefits and drawbacks, and it is more of a lifestyle than a job. The freedom of being your boss comes at the cost of looking like a risky investment for lenders. Yet, the dream a home is not out of reach for those who chose to pursue a different path than 9[…]
What is a Line of Credit: A line of credit is an arrangement in which a flexible, revolving loan facility is granted by a financial institution, usually a bank, to an individual customer or a business. It establishes a maximum loan balance that the financial institution permits the borrower to access or maintain. A customer can[…]
If you don’t understand why your credit score is like a roller coaster with ups and downs, you are not alone. You probably wonder what could possibly have gone wrong when it drops instead of rising like you expected. There are a number of factors that affect your credit score such as not using your[…]
Unsecured loans are not easy to get but not impossible. This type loan is when you don’t need any type of collateral fo r your loan. This has a lower risk level than a secured loan for the borrower. Before you go out and get one, you need to understand why they’re good and also[…]