Usually, self-employed or part-time workers struggle to get a loan. It is due to inconsistent earnings and financial profile. Around 76% of gig workers find it challenging to get a loan, especially a mortgage. It is despite being able to afford the repayments. It thus raises concern: “Can I get …
What Is Collateral, Types, & Examples?
What if you can get cheap interest rates despite a bad credit rating? Yes, you may get one by providing one of your assets as collateral for the loan. Now, you must be thinking- what do you mean by collateral? It is an additional security in the form of property, …
How to Upkeep the Business Momentum Amid Slashed Spending?
UK business growth has been at an all-time low since June 2023. Moreover, the fear of looming recession amid surprise price hike, and customer spending reveal signs of faltering. According to the Guardian’s report, “Economists expect a further drop in customer’s spending with increased borrowings and low-income possibilities.” Apart from …
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How to Get 100% Loan Acceptance at 24 Cash Finances?
Circumstances like unemployment, home loss, sudden death in the family, and business loss make one explore quick financing options. Given the distorted credit report, financial management, and severe business loss, people struggle to secure credit from a high-street lender. Per the theory, a guaranteed loan is a loan that a …
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Be aware of the same day online Loans and Decide your Borrowing Wisely
Same-day loans are usually smaller amounts of cash. These amounts are under £1000 and are offered the same day. Alternatively, they are also known as short-term loans. The tenure that these loans are offered is of 3 to 12 months. The process is completed online, and lenders often send you …
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