With a secured or homeowner loan, you can borrow up to the value of the equity in home. Equity is the difference between the price you could sell your home for and the value of the mortgage left on the property. So, if you have a home that’s worth £200,000 and the value of your […]
A personal loan is a form of an unsecured loan. This loan does not require you to put anything up as collateral (a valuable asset that the loan provider can sell in the event that you do not make your repayments).
Personal loans come in two different forms: short-term loans and payday loans.
Short-term loans usually allow […]
Cash is the lifeline of every business; more so for small businesses. At some point, a small business owner struggles to find funding for their business operations. From space expansions to new hiring to adding on to the latest equipment, every change calls for additional funds. However, it is not practically feasible to sustain a […]
Borrowing decisions with bad credit score are not easy. There could be a number of reasons which can affect your credit ratings such as inconsistent loans and bills repayments; high debt to income ratio; too many unsecured loans or loan queries for the same; besides crossing credit limit every month.
Whether you are full time employed […]
All of us are guilty of living in the past regrets longer than we ever wanted to. Poor debt management is one such gift of the modern lifestyle, and as a result, thousands of people struggle to find appropriate funding sources every month in the UK. Many people take longer to realise their merits and […]
Being a homeowner, using home equity to raise loans is one of the hassle free ways to arrange funds for cash shortages. Often times, additional fund requirements lead to additional borrowing decisions which could hurt your credit history greatly.
Advantage of Homeowner Loans
Using homeowner loans you enjoy several benefits:
With poor credit rating, your credit worth is […]
Bad credit score owing to cash crunch or temporary financial hassles is something one should deal with as early as possible. You should take every effort to safeguard your credit score from tumbling down. Whether there is an urgent need to buy household equipment such as a boiler or short-term financial hassle, being a homeowner, […]
It is well known that your credit score determines your eligibility for new loans and credit cards. Unfaltering loan repayment and a low debt to income ratio play a crucial role in keeping your score healthy. But many times, you want to borrow more than a financial institution finds you eligible for. From burden of […]