How Can You Get a Personal Loan If You’ve Been Declared Bankrupt?
People who have been declared bankrupt can still apply for personal loans even if you think all hope is lost. The thing is while this loan can help you get through a tough financial time, you will need to be precise with your spending. You may not have much money left, and if you don’t know how to handle your finances correctly, you may end up with more debt. Personal loans can help those with bad credit scores, those who are unemployed and also those who have been declared bankrupt. Here is how you can get a personal loan if […]
How to Act in Financial Emergency? Personal Loan or Credit Card?
Personal loans vs. credit cards: which one should win? Of course, in extreme circumstances, this choice is not an easy one. It is very stressful to deal with these choices alone – so imagine if you threw an emergency in the mix. You have so many things to do: pay your debts, fix your car, fix your health or fix the air conditioner that seems to be blowing more heat than cool air. And what do all these things have in common? It’s simple: they are very expensive. What Do We Do? Ideally, we should all have an emergency fund […]
Are You Coping with Bankruptcy as a Student? – The Survival Guide
In this day and age, students prefer using their credit card for every type of purchase without thinking that they might have to deal with bankruptcy. The expenses can range from food bought from your average store to an expensive personal computer purchased online. As with all teenagers, the problem is that responsibility is still something they struggle with. Using the credit card for every type of investment they deem to be important and skipping on paying debts is a sure sign that one day they will have to deal with bankruptcy. Other students use their tax money to buy […]
Is it Smart to Choose Bad Credit Loans While in Debt?
We’ve all been there – some more than others. We already have debts, and we are not entirely sure whether or not we should add even more to it. It’s like borrowing money from a friend, not giving it back and then asking for some more. What guarantee do you (or they) have that you’ll repay this new debt now if you didn’t repay them previously? Should you add more to the debt by opting for bad credit loans? Getting a Loan When You Have Bad Credit Many lenders do not really want to give money to people who have […]
Finding the Right Bad Credit Loan
Bad credit loans have proved to be a good credit solution to many people that don’t qualify for a standard loan. The recession or having to deal with getting fired due to a fallen economy has taken its toll on many Australians. An unstable income leads to skipped payments that initially results in a bad credit rating and finally in major difficulties to getting a loan approved. Thus, starting a new business or affording monthly expenses takes some help in this situation. Bad credit loans will offer a lifeboat when times get rough, and you aren’t eligible for any other […]
How to Consolidate Your Debt, Even If You Have Bad Credit
How to consolidate your debt when dealing with bad credit? Some would say “easy!” as the process is basically the same as for your regular debts. Consolidation allows you to keep track of your payments easier and reduce general costs. This can be obtained by making only one payment per month, instead of multiple different payments. Each payment usually comes with its own interest rate and fees that only add up to how much you have to pay each month. Stop wondering about “how to consolidate your debt” and check out the benefits and options you’ll have when you obtain […]
Bad Credit Personal Loans
It can happen to anyone – you have bad credit, due to problems or financial mishandling in the past and now you need to borrow some money urgently. You probably think that no one will lend it to you, but think again; that’s what bad credit personal loans are for. This is an unsecured personal loan of maximum $5000 that will be granted to you based on your present ability to pay and not based on your credit history. The basics about bad credit personal loans There are some things you need to know about bad credit personal loans. First, […]
How Bad Credit Happens and How to Avoid It
You may have bad credit and not even realise it. If you’ve never had to apply for anything that required a credit check, you might not know what state your credit is in. But you probably have phone, power and water providers who send you bills or you may have a credit card that’s being paid off. If you’ve ever been late or missed making a payment and didn’t rectify it with your provider in sufficient time, you might have negative items on your credit report. This means your credit rating may be low, thus affecting your future ability to […]
Fund your next holiday with personal loans
There is always a reason or a season to take a holiday. Maybe the weather is getting worse and worse at home. The kids might be out of school for a week. You might just be leaving university and want to take a trip to celebrate. Everyone can find a reason to go on holiday but not everybody can find the money for one. If you are young and have not begun accumulating savings enough to take a trip then you might be thinking of asking your parents for some cash. If you are a parent then maybe you see […]
Going Out Without Breaking the Bank
Everyone wants to go out but no one wants to spend a chunk of their pay cheque just to meet up with friends. You don’t have to break the bank just to see your friends. There are lots of ways to socialise and not have to break the bank. Getting out of the house to hang out with friends can feel like a burden to your finances if it always involves bringing out your credit card. It used to be that just seeing friends was enough but as we get older it seems like it always costs money just to […]