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The Top Benefits of Getting an Instalment Loan

If you are not sure if you want an instalment loan, you should first read about the benefits. When you apply for this loan, the lender will give you a repayment period. The typical terms for mortgage loans last for fifteen or thirty years. The monthly payments are consistent. Once you receive an instalment loan, […]

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What is an Instalment Loan?

An instalment loan is a type of loan that is repaid through scheduled periods of payment. Generally, the payment is made in two parts and the term of loan varies. It can be few months or thirty years. There are numerous types of instalment loan. For example, a mortgage is also a type of instalment […]

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Consumer Credit Rules

Since 1 April 2014, the Office of fair trading (OFT) that regulated consumer became the Financial Conduct Authority (FAC). The regulation under this new office is more proactive, intrusive, and focused on the consumers’ good outcomes. The objectives of the FCA are to protect consumers and to provide a proportionate approach based on risk to […]

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5 Ways to Get Your Foot on the Property Ladder

If you want to have your own space and you are tired of renting, getting your foot on the property ladder may not be as difficult as it seemed to be. You can get your foot in the ladder in five ways. 1.Scrunch the number Take a paper and a pen for writing down all […]

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Be a Part of the Association of Short-term Lenders

The function of the association of Short-term Lenders is to promote and protect the interests of its members. The association aimed to give confidence to all parties who do business with its members. All members of the association follow a strict code of conduct. The members are typically secured and bridging loan firms that offer […]

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What is Second Charge Lending?

Second charge lending or mortgage is a charge that has secondary priority behind your first charge. This second charge is a secured loan. This means that the charge uses your property as a security. Many borrowers use a second charge as a way to raise money instead of remortgaging. In order to get a second […]

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How to Effectively Manage Your Debts

It is not easy to manage your debts effectively. For a patient, the first step to cure is to accept that he or she is sick. This is the same with your debts. The first step to take for managing your debts effectively is to admit that you have those debts and you cannot expect […]

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What is Specialist Lending?

Specialised lending or specialist lending is a loan secured by an asset that has to perform in order to back the loan. For example, a commercial building can be an asset in a specialised lending. This term is related to the funding of individual projects where the repayment is dependent highly on the performance of […]

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What is a Bridging Loan?

A bridging loan is a short-term loan that you can get for buying a house before selling your existing property. This loan establishes a bridge between sale price of a new property and the new mortgage that has been taken on it. The objective of a bridging loan is to offer the necessary fund for […]

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Comparing Instalment Loans and Revolving Credit

Many people think of debt as a negative word. However, if you use it well; it can help you to buy the appropriate family car for your family, pay for schooling, or buy a house. On the other hand, a reckless use of debt can create a dark hole taking away your peace of mind, […]

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Comparing the Competition in Instalment Lending

Since the world in which we are living is not stable, we can face emergencies requiring quick cash. The need may be so immediate that we are unable to wait for the payday even if it is just in two weeks. In that case, installment loan may be useful. Perhaps you do not have a […]

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What is a Guarantor Loan?

Sometimes a short term loan is not going to match your needs. It may be the case that you need more than £1000. Or it may be that you can’t afford to pay off your short term loan in one go. If you’ve been refused a payday loan it may be because you’re unable repay […]

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Short Term Lending in the UK

Short term lending is the financing of someone in need of cash. This is done with a quick repayment schedule. It is always offered for a short period of time as it possesses short maturity dates that are significant. A short term lending repayment schedule does go from ninety days but this varies with the […]

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How to Save Money on Bills

Bills, bills, bills, these are some of the stressing things that when you think of, you get tired. The cost of living expenses never seem to end and it also increases day in day out. Among the bills that give you headache are water bills, electricity bills, water bills, cable bills, cell phone bills among […]

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How to Use Price Comparison Websites

A price comparison website allows individuals to see the different price lists for different specific products. Most of them do not sell themselves but they do source prices from the retailers. Using price comparison websites is a smart way of comparing the newer financial products and whether they have better deals out there. It is […]

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How Credit Unions Work

Credit unions are just like banks as both hold deposits, have ATM cards and offer investment services but the difference is the services that they offer and the way the institution is ran. Credit unions are not for profit institutions that are owned by account holders who are known as members. The profit they get […]

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Credit Check

A credit check is an action that is taken by a potential lender in determining whether a person meets its standards to be extended credit. This process entails looking for a detailed analysis from a credit bureau. These detailed analysis include things like, date of birth, addresses( current or previous), current employer, income, loans and […]

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How to Apply for a Payday Loan

Payday loans are really loved and hated by different people. These loans have been intended specifically for simple emergencies thus it is not a long term problem. Here are some of the tips to follow before applying for a payday loan. Educate yourself about payday, know its definition and its basics before you start the […]

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Credit Unions

Credit unions have different names worldwide. Among its other names is not for profit financial cooperatives, member owned etc. Credit union is a bond or a linkage that is shared by borrowers and savers who either belong to an organization, community or religion. Credit unions do group their member’s savings and shares to finance to […]

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How to Budget for Christmas

Holidays are very vital in our daily lives. Among some of the holidays is Christmas. This is the last holiday major holiday before crossing over to a new year. During this time everyone becomes happy as parents spend lots and lots of money shopping. The question is, have you ever realized that you are spending […]

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How Do Payday Loans Work

Lenders from payday loans make out quick, easy and extra cash from this business. Before you decide on getting a payday loan, here are some things you need to note down. Paydays are not a long term solution as they are also expensive and quick fix. They are always aimed at borrowers who have run […]

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How to Get Out of Debt

Many people have so many debts and would love to get rid of them but they do not know how to encounter it. There is no perfect way of getting rid of debts but there are so many suggestions that one can embrace and use. Ensure that you pay more than the minimum payments. Make […]

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10 Tips When Considering Loans

Acquisition of a loan is important as it can help you consolidate your debt and pay off your bills. They are great for many purposes as long as you do not use the money for frolicsome things that you really cannot afford. When you take a loan, you should be able to understand what you […]

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Managing Your Finances

Financial management is very crucial in our daily lives that if not planned and managed well, one can end up being a popper while earning millions. This involves making good decisions based on logic. These are just but a few tips of how to manage your finances. You should have a budget and stick to […]

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Asset Finance

Asset finance solutions have overcome the challenges of raising capital to purchase new assets or refinancing existing ones. Asset financing companies offer more direct, specialized funding to assist with the asset growth of small businesses whilst some do through the use of a bank overdraft to boost their business cash flow. Asset finance is the […]

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