Payday loans & how to find a suitable lender for it?

June 26, 2013  //  Posted by: Financial advisor  //  Category: Loans

Payday loans, loanPayday loans come handy in your sudden cash jam when your paycheck is still due. These are very useful short term loans ranging from 100- 1500 USD maximum and area available within 24 hours of application. No credit check is involved here which hurries the loan approval process and applicants with bad credit can get approved for the loan as well.

The only requirements for payday loan approval are minimum 18 years of age, a stable income flow and valid bank account. It’s to note that the interest rates are generally higher here as the loans are available without credit check.
There are several payday lenders around. If you are on the lookout of a suitable payday loan lender, its bets if you can consult an online payday loan lender network. You would have to submit a loan application form to these companies stating your compatible loan requirements and rates. Then, the lender network company would connect you with a suitable lender matching up with your preferences.

Things to look out before getting a home loan

June 11, 2013  //  Posted by: Financial advisor  //  Category: Loans

home loanEvery person has a dream of having a personal home. With the tough economic conditions it is pretty tough to fulfill this dream without some help financially. There are many companies that are ready to help you fulfill your dream by providing you a home loan. There are many home loans that are at offer and deciding on the correct one can be a difficult task. With so many options you need to focus on certain things before going for a home loan. Here is the list of what you should keep a check on while taking up a home loan.

  • Make sure that you go through the terms of loan. This will let you know exactly about the hidden costs in the loan.
  • Find out the best loan that offers you the loan at a very low interest.
  • There are different companies that offer the home loan without even asking for a guarantee.

Before taking up a loan you can search for your options to find out the most suited loan.

Tips on maintaining a good credit report

June 02, 2013  //  Posted by: Financial advisor  //  Category: Credit

A good credit report is one of the most essential things to maintain in life. A credit report is essential as this report allows you to take a loan easily. So it is very essential to maintain a good credit report. Here are some tips that would be fruitful for you to maintain a good credit report.

• You must know about your card well before you use it. These cards are meant to earn some money for the issuing company hence you must have all the details of the card you are using.
• You must sure to note down the dates on which you will have to pay off the credit amount. This is so because a late fee is added once you fail to pay off the credit in the issued date.
• One must use the credit cards in a well defined limit as high usage will raise the interest rates.
• Pay off the credited amount completely and not just the minimum amount stated in the monthly statement. This minimum amount later becomes tough to be managed.
So follow the above stated steps to ensure that you always have a good credit report.