summary: “…what is a personal loan: A personal loan doesn’t require collateral because most are for less than R15,000. The cost to borrow this money is the interest rate the lender charges you…” “…Applying for a personal loan is easier than it used to be thanks to technology, the application process is much more streamlined …
summary: “…An interest-free loan is a loan where the borrower does not have to pay interest for a particular period of time…” “…Yet, when you look at actual “0%” loans they usually have some catches: Hidden Service Charge” or “Merchant Fee” that cost more than interest fees. When the borrower “defaults” (misses a payment) the …
summary: “…A bad credit loan is a type of personal loan offered to borrowers with weak, bad, or no credit scores…” “…There are two basic types of bad credit loans: secured and unsecured.” “…A secured bad credit loan requires that the borrower use a valuable asset—like a car, a home, or a piece of jewellery—as …
Bad Credit Loans: what are they and how can they help you? Read More »
No matter who you are or where you live, chances are you’re in debt, either from mounting credit cards, personal loans, student loans or all the above. However, despite debts bad reputation, not all debt is bad. In fact living a completely debt free life is not good either. If managed correctly debt can be …
Christmas season has gone in a flash and while some might have already started counting down until next Christmas, others are relieved that the rush is over and they can regain control over their finances. But what do you do to get your finances back on track if your store and credit cards are maxed …
Read our quick guide to personal loans basics Taking a loan might seem a little daunting, especially if you’re doing it for the first time. There are many different loan providers, types of loans, interest rates, loan terms… Not sure what to choose? First of all, you need to ask yourself what you need the …
