Loans provide help at times but can become a headache if you don’t stay on top of it. A loan is paying money with the promotion of money returned back, plus a little extra. That profit earned from a loan is called ‘Interest’. Interest is the reason why loans can be hard to pay off. You may not be able to avoid the interest if you have taken a loan, but you can ensure it is kept to a minimum. Here … [Read more...] about How to Save Money on Loan Interest
While you don’t have one credit score or report, you will be approved for loans based on what they say about you. Lenders may only check one of the credit reference agencies, but it is possible that they will check all three. If you are thinking about taking out a loan, there are a few things that you should know about. For example, perhaps you didn’t know that applications actually have an … [Read more...] about Your Guide to Loans and How They Affect your Credit
Millennials now make up half of the world’s population. Never before in history has there been such a high youth population, so far more than ever it’s essential to understand the needs and challenges that this age group faces. Millennials are no strangers to Baby Boomer and Gen X’er criticism. Tropes like lazy, irresponsible, entitled, and overly sensitive have been circulating for several … [Read more...] about How Are Millennials Coping With Financial Problems?
The number of people struggling with debt has been on the rise over the last few years. With the more extensive use of credit cards, car finance and loans, it’s no surprise that people can sometimes get out of their depth when it comes to repayments. For millennials, problems with debt are quite common. So many young people leave university with large amounts of debt, and trying to get on the … [Read more...] about Personal Debt Help – Why to Look at IVAs, Trust Deeds and More