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low doc loans

Simple Guide to Low Doc Loans that Banks Won’t Tell You

It is difficult to get your mortgage loans approved when you are self-employed or you’re in the informal job sector. It is because of the unspoken bias against the self-employed as well as new entities and companies experiencing a bad year, or those with seasonal income. Conventional lenders are sceptical about approving their loan applications because they are considered as high-risk borrowers. While employees in established companies can provide employment records, and established business present income tax returns for the past three years—you may not have the financials to prove your income. Corporations who suffered from losses and new entities […]

no credit check short term loans

Surefire Benefits of Short Term Loans

Short term loans are quick and convenient loan options during financial emergencies. Its quick approval feature makes it the ‘to-go ‘option not only for people with bad credit score but even those with excellent credit as well. Here are the practical benefits of short term loans that many borrowers don’t know about: Improves your credit score Your credit report shows all your credit transactions, including your short term small loan applications. So, if you applied for these loans a few months back; but, you were rejected– then your credit score will reflect this event. But, when you get approved for […]

bad credit home loans guaranteed approval

Three Major Types of Loans for Home Owners

Most people already have at least one type of loan. But it is comforting to know that there are still other types of loans that you may qualify for, at times that you need it most. Personal loan                  You can use personal loans to pay for emergency expenses. It can be a secured loan, one that uses capital as a security for the loan, or an unsecured loan. While the former often comes with lower interests because its poses lesser risk to the lender, an unsecured loan charges high interests and fees. But, if you use the services of a […]

personal loans for bad credit

Important Reminders When Applying for Personal Loans

Isn’t it refreshing to know that you can always run to your specialised lender for personal loans when you’re having cash flow problems? But, if you want to get the most affordable personal loan out there here are important tips to keep in mind. Make a financial plan You can pay bills, get out of an urgent money situation or consolidate high-interest debts using a personal loan! If you are fed up working for someone else you can use the proceeds of your loan to pursue your passion and make a huge business out of it. But, you could change […]

Low doc personal loans

What Lenders Won’t Tell You About Low Doc Loans

Low doc loans are designed for people who cannot provide sufficient documentation to prove income, as commonly required by banks and traditional lenders. Because of its high-risk nature on the part of the lender, there are some restrictions to it to compensate for the risk of not being repaid. Low doc loans could come with the following issues: Higher APRs and Fees What would a lending company do to ensure that it could recover the borrowed amount in the fastest way possible, before the borrower decides to default on the loan? Most probably, it would increase the interest rate. That’s […]

debt consolidation bad credit

You’re A Victim of A Predatory Bad Credit Loans Company: Now What?

There are many reasons why borrowers suffer from bad credit score—missed payments, too much debt, high utilisation rate and so on. But, if the reason why you are having troubles with debt is because you have been a victim of a bad credit loans company, it is high time to put a stop to that ordeal. If you need help with a predatory bad credit loans company, then this article can help. Here are ways to stop a predatory lender from damaging your finances. Check your credit file You could see the complete details of your payments, accrued interests and […]

bad credit business loans

Top Factors That Decide Business Loan Rates

If you are in need of some money to properly expand or maintain your business, then you are looking for some business loans. In this article, you will find some answers to the questions that involve the rates of these loans. Business loans rates depend on the type of loan, the different lenders, and the business’s size. We will sum up the factors that decide business loan rates to help you to find a bad credit business loan at a reasonable rate. What Type of Loan Are You Pursuing? Before anything else, you need to decide on the type of […]

no credit check loans

Low Doc Loans and the Documentation Required

Getting your hands on a loan usually involves a lot of annoying paperwork. You need to bring proof of your payment with a paystub. You need to bring out the tax returns and the W2 forms. You have to pull out bank statements from all of your accounts. Basically, you have to bring in a lot of paperwork that will prove to the bank that you can qualify for a loan. However, not all people can bring this kind of documentation – which is very troublesome if you actually need that loan. In these cases, low doc loans represent a […]

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Top Myths About Bad Credit Personal Loans

If you are here, then you already have some ideas about bad credit personal loans and the shrouds of intrigue and mystery that surround their existence. People that find themselves in this delicate situation might believe that there is nothing that can be done in order to obtain a loan. Well, we are here to show you that the situation is not as grim as it may look. Following this paragraph, you’ll see a display of myths that keep people away from getting a loan because they are not properly informed. This way, you’ll get to know what the truth […]

short term business loans

Protect Your Start-up When Getting Short Term Business Loans

Every business experiences a fluctuating cash flow every now and then – not to mention start-ups, which face numerous financial challenges, as well. There are many reasons why that may happen – you might need to compensate for slow-paying customers, or buy supplies for an unprecedented order, and the list may go on. In times like these, short term business loans can seriously make the world of a difference. Introducing Short Term Business Loans As their name already suggests, short-term business loans feature a fixed, limited lifespan, which is usually short. As a rule of thumb, the sums of money […]