This month’s blog is about borrowing money without going broke and getting yourself into a whole world of trouble in the process. Badger Loans shows you how to make borrowing work for you.  It can be an emergency expenditure or an imminent need that must absolutely be met. Such as a broken boiler. Or to repair your car. Or maybe purchase a new one! Borrowing money is no joke. Because if you do not do it right, you can very well end up in a cycle of debts. You need to know how to make borrowing work for you. Security Usually, when you borrow money, you need to provide one main thing. Secu ..read more

When you are in a financial bind, it can be difficult to know where to turn for help. If you need money fast and don’t have any other options, a payday loan or short term loan may seem like the perfect solution. But before you sign up for a loan, make sure you are aware of the risks involved and how to get the best terms possible. Here are five tips on getting the best payday loans offered to you. Read on for more information.   Estimate How Much You Will Have to Pay Back The most important step in the process is to be realistic about how much money you will have to pay back. The lender w ..read more

The economy may be in a downturn, but it doesn’t have to be all doom and gloom. You can protect yourself and get ahead when things get better by using our Recession-Proof Guide To Thriving in Uncertain Times. Here’s how you can make that happen presented by Badger Loans.  Create a Budget  Having a budget is one of the most innovative things you can do for your finances., and Excel is an excellent tool for creating and tracking your budget. You can easily embed (import) a PDF into Excel to keep all your financial information in one place. Plus, Excel’s powerful computational capabilit ..read more

If you’ve taken out a loan at any point in your life (or are about to) there may come a point during the course of repaying the loan when one or more of the reasons listed below will enter your mind with a view to skipping that month’s loan repayment. We’ve gathered together what we think are the 10 worst reasons for missing your loan payment.   If your loan is of the payday variety and only a few months duration you could be lucky and find none of your personal circumstances change in any way during the course of the loan. Take out a longer term loan up to 5 years and see what life throw ..read more

If you have no credit history and can’t get approved for traditional loans, guarantor loans are an option to consider. Need money and have someone who will put up their own credit rating as collateral? You are now in Guarantor Loan country. Here are some of the benefits of Guarantor Loans so you can decide if they are right for you or not.   What is a Guarantor Loan? A guarantor loan is a kind of personal loan that’s secured by a third party. It’s them who are responsible for repayment if you default. The advantage is that a good credit history can be useful in getting better interest rat ..read more

We never know when a financial emergency will arise, and emergency loans might be a good option if you need cash immediately. Emergency cash can be used for anything from an emergency boiler repair to a new set of tyres for your car, and the release of the funds can be quick. But, what is an emergency loan? An “emergency loan” generally acts as a catch-all term. It covers any type of financial loan that is short-term. Things like payday loans and loans on short repayment terms might be considered an emergency loan because they’re quick to receive and are paid back fairly quickly.   Emerge ..read more

New payday lenders appear and disappear all of the time, so it can be tricky to understand the different criteria and compare interest rates – particularly when often, payday loans are fairly urgent.  We’re here to help you understand what exactly payday lenders are, what kinds of loans are available, and how brand new payday lenders might differ from traditional lenders that you might be more familiar with. In This Payday Lenders Guide:   What is a Payday Lender? What Regulations Do New Payday Lenders Follow in the UK? Who can apply for a payday loan? How can I get a payday loan? Th ..read more

When you find yourself in a pinch and need money fast, there are few things more frustrating than not being able to get it. Whether you’re short on cash to pay an unexpected bill or need money to make repairs after an emergency such as a burst pipe, emergency cash loans can be used to finance urgent repairs or overlooked bills. You can apply for an emergency cash loan with Badger Loans from £100 up to £15,000. Our loans can be arranged from 3 months up to 5 years giving you plenty of time to change your situation. Apply now to see how much we can help you!   Use for Emergencies An emergen ..read more

Should You Take Out a Cash Advance? A cash advance can be an effective way to get money fast in an emergency situation. But it’s important to consider the potential downsides before you take out a cash advance, like high interest rates and steep fees. This guide will help you weigh the pros and cons of taking out a cash advance so you can decide if it’s right for your unique situation. Firstly, let’s define what we mean by ‘what is a cash advance’ in our situation. It can mean 2 different things depending on which country in the world you’re reading this. As Badger Loans is a UK site catering ..read more

  Compound interest is the addition of interest to the principal sum of a loan or deposit. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest. In a nutshell that sentence answers the question ‘what are compound interest rates’. In addition, compound interest can be used to increase savings and earnings as it makes use of all of the money involved in some form, rather than just the original principal. Interest rates have an effect on compound interest rates and can ..read more