The natural human tendency makes you take saving as the saviour and loan as a burden. Efforts are always intense to avoid the latter as much as possible. The rule of ‘a penny saved is a penny earned’ majorly rules the financial life. Isn’t it? BUT, money matters are complicated, and they present varied situations now and then. You may keep feeling proud that you have saved the right amount of money. However, financial gaps can reveal weaknesses anytime. They can make you think that sometimes even the most painstaking efforts become insufficient to serve a particular situation. In such circumst ..read more

Life is full of surprises! There is nothing you can do predict things in advance. In today’s life where we deal with too much in the name of expenses, facing a financial constraint seems inevitable. This could arise from any part of your daily livelihood. You could end up in an urgent situation where you might need money, like: An illness in the family Sudden breakdown of your car Financing your child’s school trip A job loss Paying immediate utility bills Now, not having enough funds in the pocket to deal with such issues can be problematic. It is easy to fall into despair and get stressed du ..read more

One of the worst things that you experience throughout your career is job loss. Being without work truly hurts when your employer makes you redundant. This seems unfair because you lose your job without your fault. Well, you are not alone. No matter you lose your job for your mistake or your employer lays you off; you cannot overthink about it. You need to move ahead. Many people immediately apply for unemployment benefits when they lose their jobs. However, you need to meet the eligibility criteria to get these funds. These benefits will help you reach your daily expenses unless you land a ne ..read more

Life has a habit of throwing challenges upon us very often. These challenges can be of various types, and a financial problem is something which everyone finds hard to overcome. A financial emergency can come anytime in life because of multiple reasons, such as a car break down, sudden medical expenses, etc. And if we are not prepared in advance to tackle these expenses, then it will be tough to manage these unwanted events of life. This is the situation when quick access to money becomes necessary. But getting a loan in the current financial environment is not an easy task. The main hurdle in ..read more

Halloween is just around the corner. It is probably one of the most fun holidays of the year. Everybody has started doing the preparations, even the level of excitement is on the peak as it is everyone’s favourite holiday. Halloween can get expensive as people do not care about anything and want to make it best for them and their family. Doing all the stock up on candy, buying multiple costumes for everyone in the family, it asks for a lot of amounts. The most significant predicament is that many people do not have a financial plan for Halloween as they would have for Christmas or Easter. It h ..read more

For most of us, debt has become a part of our life. Nobody likes to pay those interests incurred on debts, but saving enough money for large purchases is not always feasible. And sometimes it is not a financially wise decision. So, probably everyone has to take debt at some time in their life, how can you decide whether it is worth or not? How would you know if the interest is worth the benefits? Good debt makes your financial situation better while a bad debt can harm it. And how you are going to use the money makes it very clear. Hence, before you take any debt, such as personal loans, it is ..read more

Your credit report is your face for the finance industry. It is in fact, the first introduction to let the financial companies know what is your worth in finances. This is important as well as a critical thing as a single mistake in a report can literally spoil your financial future. You should have an overall idea about this situation. To get things rectified and removed, it is necessary to first know the different aspects of errors. Why did mistakes show on your report? Although mistakes happen rarely but there is a number of reasons that make them happen. Some of them are – Admin errors ..read more

You have decided to start a business and you need an extra supply of funds to hit the ground running, but your bad credit history comes in the way. Can you secure a loan? Getting a business loan is not as easy as any other short-term loans. Your lender will look over your business revenues, the duration of your business and repayment plan. You cannot get the loan unless you satisfy your lender in all terms. Getting a business loan becomes more difficult when you have a start-up. Traditional lenders will require you to have a good credit rating before approving these loans. However, private mon ..read more

There are various loan options out there, but you oftentimes struggle to find a perfect deal for you. Each loan comes with different features and it is imperative that you are going to choose a deal as per your budget. In case of bad credit history, you prefer taking out bad credit loans with an instant decision from direct lenders ignoring to the fact that some lenders approve applications for a line of credit for bad credit borrowers too. What is a bad credit loan? A bad credit loan acts like a personal loan; the only difference is the former charges higher interest rates because of high def ..read more

Getting a loan for a business is not very easy even if you take out with a direct lender. The result revealed by a survey conducted in 2018 among 250,000 businesses demonstrated that 46% of entrepreneurs successfully secure a business loan while 54% face rejection due to one reason and the other. However, the bad game starts as soon as you get money in your account. A large number of entrepreneurs struggle to pay off small business loans on time. Entrepreneurs fail to pay off the loan on time because of dynamic nature of the business. It is not surprising if your next month sales drop or you ..read more