Is it Smart to Choose Bad Credit Loans While in Debt?
March 20, 2017 by Admin -
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 […]
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Finding the Right Bad Credit Loan
January 30, 2017 by Admin -
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 […]
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How to Consolidate Your Debt, Even If You Have Bad Credit
January 23, 2017 by Admin -
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 […]
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How Bad Credit Happens and How to Avoid It
October 16, 2015 by Scotty -
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 […]
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Money Management – Good Debt Vs Bad Debt
May 29, 2015 by Scotty -
Debt may seem as a natural part of life these days but without proper money management you can fall into bad debt. Credit cards had made falling into debt as easy as swiping that plastic over the counter. Like the speed of information exchanging on the internet, you may find yourself deep in a bad debt situation in the blink of an eye. Fortunately you have an option. You have the choice between a good and a bad debt. Of course as a rational person, one would choose the good over the bad. However it is not as simple as […]
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