5 Kinds of Unsecured Debts You Need to Know

Wait! Wasn’t the word ‘unsecured’ meant for loans? Well, the word unsecured may apply to a good many things apart from a loan. Debts are unsecured too. This is the reason you see this post. The fundamental reason to say this is the presence of the collateral. The collateral is an asset against which a …

Student Loan Vs Parent Loan: How do these terms differ?

Ensuring admission to the dream university is a dream come true for any parent and child. With admission, expenses like housing and accommodations, room and board, meals, commute, and other living essentials follow. Well, guardians may be well-off, but financing student education requires good savings back up. And hence, you may need a financial cushion …

How You Can Differentiate Traditional Bank Loans from Payday Loans

There is a lot to understand when you are taking out money. Yes, in times of need, it is the essential thing that can help us. We can derive unique benefits from it. But, at the same time, being careful of the source matters a lot. Banks and direct lenders (for this post, payday lenders) …

How Can Payday Loans Throw You into a Debt Trap?

Payday loans are small emergency loans aimed at helping you tide over when your savings fall short of cash to meet unforeseen expenses. These loans seem to be the perfect choice when you need money urgently. You can get money without further ado directly in your bank account and getting rid of them by paying …

Is Guaranteed Loan Approval a Myth? Find out the Real Truth Here

You need to be careful! We have come across this word ‘guaranteed loan approval’ many times in our lives. When we look for loans, we consider this one of the most attractive loan features. What else would make a borrower happy when a loan is approved in whatever conditions that borrower asks for the money? …

Direct Lenders – What Are They, And How Do They Work?

In the UK, the number of people using direct lenders has been growing in recent years. This is because these online lenders are easy to use and quick. Also, they have lower interest rates than traditional banks and financial institutions. Direct lenders make it easy to get the money you need by letting you apply …