Loan and credit score are strongly associated with each other. During the application of a loan, a lender always looks at the borrower’s credit score. A credit score represents repayment history, whether defaulter or not, and reflects his ability to borrow a particular amount. Apart from these, a good credit score always represents a stable […]
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Are you struggling to pay off debt? If so, you may have loads of reasons to excuse your inability of paying off the debt. You all know that it is quite easy to take on debt, but you need to be strategic when it comes to paying off debt. You will have to make a […]
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A lemonade stand may seem like the perfect business idea for the summer vacation. It is easy, sweet, and doesn’t require a heavy investment that may cost the remaining money from your college fund. However, it is far from the only idea for the students to make some extra money. Many fun jobs invite application […]
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Transferring money abroad has become easier with multiple online solutions. However, they also come with specific and hidden charges. Moreover, the fear of losing large monetary denominations always remains, especially while making first-time transfers. Moreover, sending large monetary sums online to friends, family members, relatives, etc., becomes a risker without verifying sources. Additionally, the worry […]
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The rate of unemployment has dramatically increased in the last couple of years due to pandemic. People have lost their jobs, some businesses drowned in debt, and the financial crisis became an every household thing. Hopefully, you never step into a situation like this, but it’s always better to be prepped for the sudden exigencies […]
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A liquidity crisis is typically a mess for everyone, from young to old. Many of you may have to dispense cash from savings at the time of medical urgency, uncertain business outcome, month-end blues, or other types of financial distress. As an effect of that, your finances may drain out, putting you in urgent need […]
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Any form of personal or unsecured loan is commonly referred to as a private loan. According to Financial Times, it is a form of money borrowing from family members at cheaper or negligible interest rates. Unfortunately, the opportunity to avail of private loans is unavailable for bad creditors. However, they can still seek money borrowing […]
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Certainly, rejection is not something that you look forward to while applying for a personal loan. However, unfortunately, the finance industry, including the flexible FinTech solutions, work on a rational approach. For the well-being of the borrowers, a lender can never offer you a loan that is not affordable for you. But at the same […]
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