If you need money right now to pay bills or other expenses but you don’t have enough funds, you can apply for a cash loan. Cash loans are small, short-term personal loans with minimal paperwork. You can even get one fast, sometimes without leaving your home. Generally, to be eligible for a cash loan, you need to be over 18 years old, be a permanent Australian resident, and have a regular income.
The following looks at how you can apply for a cash loan:
Choosing the right loan provider
When looking for a loan provider, ask your family or friends if they know a reputable lender who offers cash loans to people in a similar situation as you. On the other hand, you can simply search the internet for an appropriate lender. Make sure to compare different lenders and their offers before picking one that best suits your needs and personal circumstances.
Whenever a new federal or state budget is announced, there certainly will be a lot of churning and in many cases; it will be a case of letting the cat, amongst the pigeons, stated Jeanne Sahadi of CNN Money. It would be interesting to have a closer look at the various ways and means by which government budgets could upset the applecart of households in more ways than one. Continue reading
If you’re looking to get a mortgage, but you have a bad credit rating and your loan application has been rejected by traditional lenders, the good news is that you can still obtain a home loan. Some specialist or non-conforming lenders will grant a mortgage to customers with a bad credit history.
Bad credit home loans are like regular home loans except that they have short-medium repayment periods and higher interest rates because of the higher risk of lending money to someone who has a bad credit history.
Here’s how you can get a mortgage with bad credit:
Getting a car loan may be difficult if you have a bad credit history due to credit card debt, late/missed repayments or bankruptcy. Generally, subprime borrowers who have a credit score under 620 can’t get the best car loans available in the market. But there are bad credit car loans, or second chance finance, available for people with bad credit.
A bad credit car loan is a flexible secured loan, offering people another chance without breaking their budget. However, it’s a high-risk loan that generally comes with high interest rates and large down payments. Lenders will still need to carefully assess borrowers with bad credit before taking the risk to lend them money because they have a higher chance of not repaying the debt.
If you have a bad credit score, major banks and lenders may see you as high risk and reject your loan application. But you can still get a bad credit loan from smaller lenders, as a personal loan of up to $5000. It can be given to people with a bad credit history due to missed/late payments or bankruptcy.
Generally, to be eligible to apply for a bad credit loan, you need to be 18 years or older, be a permanent Australian resident, and have a regular income. Repayment terms are flexible to suit your personal circumstances (3-12 months) and it’s also the first step in rebuilding your credit score.
The subprime loans for small businesses have many scratching their head and wondering if we have learned any lessons at all about the subprime loan. Small business is now in the market for subprime loans and getting them. Continue reading
There is a chance of losing the entire amount of money, if a Co-op bank bond investors or share investors do not take part in the ballot. The bank has entered an agreement with institutes, which offer to maintain the current income level, for the next 12 years. This will not be implemented, if there are no sufficient investors to vote for it.
Since July 2010, the house prices in the UK have increased, at a very fast rate. In the last three months, the rate was the highest in the last three years. The house prices increased almost 6.5% in November, compared to the same period, last year. The rise in October, compared to last year was hardly 1%. Continue reading
A new report is out and for the fifth consecutive year, student debt has increased. The report by the Project on Student Debt at the Institute for College Access and Success (TICAS) confirmed what many already suspected and officials do not see much relief in sight. Continue reading
The unemployment rate in October remained unchanged from the previous month at the rate of 5.7%. The official data for November shows that the unemployment rate for November has risen to 5.8%. Continue reading