Today, banks offer credit for all your requirements, be it buying a house, car or consumer goods like a television, washing machine or a music system. The financers finalize their decision to lend you money based on your credit report. Special agencies or credit bureaus maintain these reports. What is a Credit Report? A credit report represents the record of…
Tag: Borrow
Switch Your Mortgage Today
Having taken out a mortgage, you are not locked into that particular loan for the full mortgage term. Lenders compete fiercely for your custom and you may be able to reduce the cost of your mortgage by switching to a new lender. Against this you must set the costs of making the switch. These might include: valuation, legal and land…
Five Bad Habits That Can Lead To Bad Credit
There’s lots of good ideas out there on what you can do to correct a bad credit or a bad debt situation. But have you ever taken a few minutes to think, “How in the heck did my credit get so bad?”. Bad credit does not come about because it’s something that you thought about and planned for. It’s more…
What Is Interest
Unless you have a degree in finance, you probably don’t know all that you need to know in order to be an informed, responsible credit card user. Now you don’t need to be a finance expert to comprehend the basics covered in this article, but after reading it, you might feel like one the next time the subject comes up…
How To Borrow Money From Your Bank
If you need some extra money, then borrowing from your bank might be the answer. If you use a bank simply for savings and a current account, then perhaps it is time to look at other financial products that your bank can offer. If you want to borrow from your bank, here are some of the possible options and benefits.…
Mortgages How Lenders Work Out Affordability
If you are thinking about purchasing a property it is first important to know how much you can afford to borrow. Mortgage Lenders traditionally used income multiples to work out this amount. If an applicant was earning 30,000 a year the lender would calculate that they could comfortably afford to borrow 3.5 x their income which is 105,000. If approached…
Strange Unusual Loans
There are as many reasons to borrow money as there are things to spend it on. People borrow for all of these various reasons. The boom currently being experienced by the consumer credit industry is proof of this. While there are many standard reasons why people will seek a loan, there are also many very unusual ones. If you think…
Payday Loan Stores In The Uk A Safe Option
Payday loan stores in the UK offers you the best schemes to solve your instant cash needs. They can be applied online, over phone or by visiting their near by office. It is completely safe and secure to apply through them as all the information whether personal or financial is kept confidential. There also perform financial consulting with which you…
Dos And Don Ts For Use Of Paydayloans To Keep You Financially Safe
Paydayloans won’t be a threat to your financial safety just as long as you adhere to the following tips. Dos and Don’ts for Use of Paydayloans to Keep You Financially Safe Don’t transact with any provider of paydayloans who made an unsolicited overture. More often than not, these loan providers or companies are fake and only intent on swindling you…
How Can One Find A Good Home Improvement Loans Rate
Home improvement- it can be refurnishing, remodeling, repairing, or renovating a home, but without money it is merely a dream. Though, home improvement loans are good option, but not every time one can avail it at a good rate Generally home improvement loans are available both as secured and unsecured loans. Naturally the rate of interest is relatively low on…