сredit score

Everything you need to know about credit scores!

A credit score is the key parameter all lenders evaluate before making a decision about a loan approval. It is important for banks to know whether the client is trustworthy enough in terms of his solvency, reliability and financial stability. A credit score is a financial “passport” saying about the borrower everything, based on hisContinue reading

Personal loans

Everything you should know about a personal loan

A personal loan is the most common type of loans for individuals in the USA. Millions of people opt for personal loans for whatever needs: purchasing goods and travelling, studying and medical treatment, buying vehicles and refinancing existing loans. Unlike, for example, mortgage loans, personal loans do not have a specific purpose, so a borrowerContinue reading

cost

What affects the cost of a loan?

The cost of the loan is the main thing everyone pays attention to when borrowing money. Yet, the majority mistakenly assumes that the cost of the loan equals the interest rate. It turns out that the total (the final) cost of a loan is comprised of several elements along with the interest rate. Each elementContinue reading

How to get a loan against securities?

“LAS” stands for a loan against securities. This way of borrowing money is not so well-known than a loan with traditional collateral. Getting a loan is never an easy thing, especially when it comes to serious amounts. In order to get a bank loan (which is always more beneficial than a private company loan), theContinue reading

borrowing money

Ten mistakes preventing you from getting a bank loan

Getting a loan is an easiest and a fastest way to find needed money, whether for buying new appliances, vehicle or just for having your deserved vacation. There are thousands of different lenders who offer a variety of loan types, adjusting the specifics of loans to the needs of borrowers. For the urgent cash, youContinue reading