Author: Matt Couch After decades of global growth, the world watched in horror as financial institutions collapsed in the US. The crisis slowly spread across to other geographical regions of the world. This had a devastating effect on the world wide banking system, stock markets, pension funds and individual net worth went down. In an effort to restore fiscal stability and credibility of the banks government took special steps by giving financial...more
Author: ashsmhHave you been denied a loan or a credit card? Then, it may be due to your credit score which determines your creditworthiness. This is the one number which every lender, be it your banker, or a credit card company or be it a mortgage broker etc will look at in order to see your creditworthiness and to assess whether you can pay back your loan or mortgage or your credit card bills. This number is generated and maintained by the...more
Online payday loans are becoming much more popular among the millions of Americans who need quick cash before their next payday. The Obama administration is cracking down on predatory lending and the payday lending practices of charging 4,000% interest rates are coming to an end. Several states have capped the allowable interest rate to be charged on these short term loans and many retail stores were forced to shut down as a result. However, the closing of thousands of payday retail outlets has led to an explosion in online payday lending and the market is more competitive than ever. This rapid increase in competition has made online lenders issue more competitive rates and consumers are now able to get affordable online payday loans.If you are in desperate need to get quick cash then getting a cash advance online is probably the most convenient method. Online payday lenders can deposit anywhere from $100 - $1,500 directly into your bank account usually within 24 hours of filling out an online application. They will expect repayment of the borrowed amount plus a finance charge on your next payday or whenever both parties agree to. If you are unable to pay back the loan on the...more
A recent case study has indicated that while a payday cash advance loan is a relatively high cost of borrowing, it is often a better financial decision than getting a new credit card. The credit card companies are tightening lending standards in this economic environment and therefore many people with maxed out credit don't even have the option to...more
Author: Lindsy EmeryMost of us who are law abiding citizens in America realize the economy of most of the world is in a slump and has been for a while now. We use credit cards to buy things we cannot afford to pay cash for and suffer for it later when the balance owed go up and so does the interest we pay for that convenience. Now there seems to be...more
Borrowing money means needing to understand about credit rating, unless you opt for a no credit check payday loan. For most loans your credit rating will be checked and it is best for you to check it first yourself just in case. Even though you may feel that you're sitting pretty with a good credit rating there are some things that could surprise you.There are three credit reference agencies in the UK- Experian, Equifax and Call Credit. These agencies hold a huge amount of information about you and any small indiscretion can lead to a potential lender not granting you a loan. The difference with a payday loan company is that it judges you on being in full time employment with your wages being paid into your bank account, is that these no credit check payday loans are evaluated on this different set of criteria.To improve you credit rating for loans in general one of the things you can do is register to vote if you have not already done so. Believe or not, your mobile phone bills affect your credit rating. If you pay one of these late this will damage your credit rating. You must pay all your bills on time to keep a good, clean credit rating. Therefore there are times where...more
Although many people are fully aware of the existence of credit checks not everyone fully understands exactly how they work. The credit institutions have criteria that you are building a history against which affects your ability to attain credit. ...more
Author: Lindsy EmeryWhy are so many intelligent people facing the same dilemma with credit card debt? We find ourselves trapped in a vicious cycle of ridiculously high interest rates, late payment fees, coupled with over limit fees with our use of...more
A pay-day check advance has grown in popularity for the many millions of consumers who have limited credit and are in need of fast cash. It's critical that consumers understand how to find a valid online pay-day money advance bank as there are some...more
Cash advance loans became highly regarded among working US citizens who are at present experiencing short term money flow issues and need money before next pay day. While these short duration advances carry a high IR with them they're frequently the...more
You have a reason to worry when you give personal information to creditors. Scammers may use this to steal your identity. This is why there are laws that surround credit reports. These laws do not only ensure identity theft protection but also...more
Author: howard SnyderMillions and millions of americans each day are faced with the need to find a way to reducing credit card debt. These hard working, decent people have been forced into credit hell after losing their job, taking a huge pay cut,...more