The internet is a wealth of information for personal finance topics, but not everyone always gives equal time to opposing viewpoints. The subject of loans for people with bad credit is a source of heated contention. Proponents of bad credit loans believe they’re helping borrowers out of tough financial times, while the other side sees...
Personal Loans
Looking for advice or information on personal loans? Even with bad credit or no credit, you may be surprised by the number of options you have available. These articles from our experts will tell you what you need to know about personal loans, consolidation loans, quick loans, secured loans, and much more!
Whether you’re an experienced borrower or this is your first time borrowing money, using credit loans is an important financial decision. Taking advantage of personal loans without careful thought about the purpose can have disastrous consequences on your credit score. On the other hand, responsible lending can put you on the path to future financial...
When you need to borrow money, providing the bank with collateral isn’t always a viable option. In these cases, an unsecured loan is a possibility to get you the cash you need without putting your car or home on the line. Unlike a mortgage loan, your lender takes on more risk by extending you this...
Personal unsecured loans are a great choice for a borrower because the loan does not involve any risk to property. Of course, you will need good credit and no late payments, collections and certain no bankruptcies on your credit report. A personal loan may be used for virtually any purpose, from an addition to your...
Bad credit is unfortunate but it is not a credit death sentence, so to speak. In fact, many people with less-than-perfect credit have used the loan process to rebuild their credit and bring their credit score back up. Usually, if you have a bad credit score or a poor payment history, you still can access...
In the realm of lending, there are two primary types of loans: unsecured loans and secured loans. As the names imply, either you sign and take the money or you provide the lender more than your personal guarantee to repay. Before you decide which way to go, know that there is more involved than simply...
When a less than stellar credit history stops you from getting the loan you want, you have two options on how to proceed. You can give up and put your plans on hold, or you can look for bad credit loans to meet your needs. Loans for shaky credit scores may not be as desirable...
It’s tough enough just to find a lender willing to give a bad credit personal loan. But there are plenty of scams out there attempting to take advantage of people who desperately need money to get through a difficult time. Here are some issues to consider as you search for a bad credit personal loan...
When you’re ready to apply for a loan, it’s important to know how your lender sets the personal loan rate they offer you. This is not an arbitrary number selected on a whim, but the sum of careful calculations they do concerning the nature of their business and how you fit into it. Knowing how...
There’s no doubt that payday personal loans can seem like they’re delivered from heaven for people with bad credit and a pressing and immediate need for cash. They offer “guaranteed” acceptance without the need for credit checks and cash in your hands in a day or less. But before you plunge ahead with payday personal...