Peer-to-Peer Lending: Saving the Day and Reducing the Debt in Financial Crises
18 July 2016
Are you in need of a personal loan? Perhaps you have a number of issues that are preventing you from getting a traditional loan through a bank. You may have also exhausted your means of getting small loans from friends and family. These are common obstacles that many people today face, and even if your needs and ability to acquire a loan are different than other people's, do not feel as though you will not be able to get a loan.
4 Tips For Getting An Auto Loan After A Repossession
12 July 2016
If you have had a repossession, it may seem almost impossible to get another auto loan anytime soon. However, if you take the right steps, getting an auto loan won't be entirely impossible. Here are four tips to consider in order to get an auto loan after a repossession:
Check Your Credit Report: First off, you should take a look at your credit report. Although the repossession you had will drag down your credit score, other areas of your credit report may be dragging it down even more.
3 Reasons To Not Pay Back Your Installment Loan Early
13 June 2016
Installment loans are somewhere between traditional loans and payday loans. While a traditional loan is usually long-term, such as over several years, and a payday loan involves a one-time repayment within a few weeks of the initial loan, an installment loan consists of several payments over several months. While the extended payments of an installment loan make it more affordable than a payday loan, many people feel stressed or anxious knowing that they have a current loan that they need to pay back.
When Should You Consider An Installment Loan Over A Short-Term Loan?
10 May 2016
No matter your situation, there's almost always a loan product available for your needs. With so many options and lenders to choose from, it's possible to pick a loan type that isn't ideal for you. This is especially true when it comes between choosing a quick, short-term loan, and a longer-term installment loan.
When You Cannot Pay the Loan Back Immediately
Many short-term, "quick" loan types require that you pay the loan back in a relatively short amount of time.