Recent trends in the lending market show a decline in secured loan approvals from traditional banks, leading more people to turn to independent lenders for their financial needs. The Bank of England recently noted a drop in secured loan approvals from June to September 2014. Predictions suggest that these approvals have hit their lowest point…
Dealing with credit card debt can be tough and cause a lot of stress, especially with high-interest rates that make paying it off seem impossible. But by following some smart advice and setting up a solid financial plan, you can actually tackle your credit card debt within a year. Even though the year is almost…
A Home Equity Line of Credit (HELOC) lets homeowners borrow using the equity in their homes as collateral, much like a second mortgage. When deciding between a HELOC and a Home Equity Loan, it’s important to understand the differences. Both HELOCs and Home Equity Loans allow homeowners to borrow against their home’s equity, but each…
Applying for a housing loan might seem overwhelming at first, with all the forms and documents that are required. But with some careful planning to ensure the loan fits your budget, you can find the best property that meets your needs. Here’s a simple guide to help you understand housing loans and make the process…
Credit card debt is a major hurdle for many, but with careful planning and smart strategies, you can work towards paying it off within a year. Even if the year is already underway, you can still make a big dent in your debt or significantly reduce your balances by December. Imagine starting the New Year…
Surprised by how consumer loans are piling up in the UK? Check out how fast UK residents are accumulating debt with our live debt tracker. Presented by QuickQuid, this visual tool gives you a clear picture of the current situation.
Before jumping into an auto title loan—or any loan, really—it’s important to think about whether you can manage it for the long haul. Some folks dive into car title loans without planning how they’ll pay it back, and this can leave them worse off than before. If you can’t repay the loan, the lender might…
A Home Equity Line of Credit, or HELOC, lets homeowners borrow money against the equity in their homes. This is like taking out a second mortgage while your original mortgage stays in place. Trying to decide between a HELOC and a Home Equity Loan? Here’s a breakdown of each to help you choose. A Home…
These days, with so many credit card options out there, it can be tough to figure out where to start. From low-rate cards to those that offer cash back or rewards, and even specialized ones for students or business travelers, the choices seem endless. However, finding the right credit card for your needs isn’t as…
In recent years, we’ve seen a big change in how people handle their personal finances. A healthy financial strategy often includes maintaining a high credit score, which means understanding how credit reporting agencies determine ratings is crucial. Luckily, there are several ways to fix a bad credit history. By adopting these strategies, you can set…