We all need to borrow money from time to time. In these situations, we often look to moneylenders as an easier, more convenient alternative to borrowing money from the bank. It’s true: licensed moneylenders can be a life saver when you need to borrow money quickly. Unfortunately, in recent years, an illegal industry of ‘loan sharks’ posing as money lenders has grown …

Personal loans can be helpful for covering a large planned expense, such as a home renovation, or an unexpected financial emergency that may come your way. Navigating the personal loan application process and getting approved is the first step. The second is creating a strategy for repaying what you’ve borrowed. Whenever you’re considering opening or making any changes to your …

Personal loans are good for a variety of purposes—from consolidating debt to putting in that pool your family has always dreamed of. But they are personal, which means your reasons are yours. If you’re thinking about getting a personal loan, learn how they work before applying. How Personal Loans Work Vs. Other Financing Personal loans are usually a type of unsecured …

Few individuals can manage to pay for big-ticket buys in cash. For most of us, getting an advance is the way to go. In any case, did you know that your ability to get a loan can be influenced by your credit score?  What is a credit score? A credit score is a statistic derived from a person’s credit history, using data from a range of factors, such as• a loan application,• a credit bureau report or• …