After weeks of answering questions, providing endless financial statements and playing the “hurry up and wait” game you find out that your banker is unwilling to give you a business loan.
Now what? Do you go to another bank and try again? Possibly. But most banks have similar lending criteria. If you did not qualify for [...]
Posts on ‘September 2nd, 2006’
Business Loan Alternatives
Unsecured Loans Guide - Get Unsecured Loans Info
Unsecured loans refer to personal loan where lenders can’t claim on properties of borrowers if they don’t repay the loan on time. Lenders lend them money on the basis of trust relationship. Lenders offer unsecured loan by checking previous loans, credit history or personal financial situation of borrower.
Lenders normally set a limit of value of [...]
What Is Debt Relief?
From reading the advertisements and articles on the internet, you get various ideas of what debt relief is. It seems to be anything from debt consolidation to bankruptcy and everything in between. But does this really help? How many of those who consolidate their debts or declare bankruptcy actually change their spending habits and correct [...]
Credit Card Dirty Tricks
There are many of us that have been badly stung by credit card companies that have charged exorbitant fees to use their credit cards. Several years ago an APR of 25% to 29% was common place which in simple terms means that if you borrow £1,000 your interest on that money would be £250 to [...]