Blog | My Financial Broker

Investing in the Loan Market

Posted in - My Financial Broker

Traditionally, many people think of investing as placing savings or lump sums into an investment vehicle. This could be a high-interest savings bank account, ISA, unit trust, bond or hedge fund. Other forms of investments include currency, property and artefacts. Investing in the loan market, such as in long or short-term loans, takes on a[…]

Crackdown on Banks Selling Useless Account Extras

Posted in - UK Finances

The Financial Services Authority (FSA) is to launch a crackdown on banks that sell products to customers that they can’t even use. These accounts are normally sold as an upgrade, viewed as offering a whole ream of extras to those who opt into them. In exchange for all these benefits, the customer pays the bank[…]

Short Term Lending – a Good Alternative to Longer Term Loans?

Posted in - Benefits of Short Term lending

A short term loan is designed to meet more immediate financial needs. They also conveniently provide monies needed for budget purposes, a leisure break, an education or business pursuit. A longer term loan may have higher interest rates and fees, and take a lengthier time to pay off. But a short term loan may present[…]

Don’t Be Afraid to Take Short Cuts

Posted in - tech

It has been said before that the best coder is a lazy one (Jeff Atwood). A lazy programmer tries his hardest to avoid writing monotonous code and always wants to find the path of least resistence to solve a problem. Writing software, especially early in the process can be dull. This is the part of[…]

Short term lending can take away your financial burden – here is how

Posted in - Benefits of Short Term lending

Increasingly, more and more people are in need of accessing money at short notice to cover emergency costs. Some await their salaries or wages and are extremely stressed in trying to meet payment deadlines before their monies are received. Others may wish to cover business operating costs before income is received from outstanding invoices owed[…]

Ten Tips When Considering a Loan

Posted in - Loan Comparison

Making a decision to borrow money through a loan is not easy. These ten tips when considering a loan can help you get better borrowing value for money. Identify the borrowing purpose. Narrow borrowing parameters. Obtain a credit report from a credit checking agency. Understand what constitutes your credit score. Take steps to improve your[…]

Short Term Lending – Why It’s Not All Bad

Posted in - Benefits of Short Term lending

Short term loans are immediate cash solutions for individuals to meet personal financial goals and for businesses to achieve operational efficiency. Offering an emergency cash advance, short term loans may also be used at critical times, such as to reach loved ones in another country or to gain private medical treatment without long waits. When unforeseen[…]

Choosing Which Payday Loan Company to Go With

Posted in - Payday Loans

Payday loans have historically had quite a bit of negative press, mainly due to the shady lending practices of some of the payday lenders. We wish we could say that all lenders were legitimate and trustworthy but unfortunately that’s just not the case. There are lenders who seek to take advantage of people who are […]

Payday Loans – The Benefits for You

Posted in - Payday Loans

Different types of payday loans meet specific loan purposes and have varying loan criteria. Each type of loan, its terms and conditions, fees, and interest rates can benefit borrowers in different ways. A payday loan is a type of short term loan; other types of short term lending options include overdrafts and personal loans. Some […]

Reasons Why You Keep Getting Turned Down For Loans

Posted in - Improving Your Credit Score

Once a loan application for a loan is completed to borrow money for a specific purpose, the potential borrower eagerly awaits the result of the application. He or she may need the funds needed to achieve their ambitions, whether for business, car purchase, or holiday. If your application is declined, a life goal may not[…]