Picture this: you’re sailing smoothly when suddenly, you hit a patch of rough seas – an unexpected job loss. That’s when an emergency fund, your financial lifeboat, comes in handy. An emergency fund is a money set aside for rainy days – unexpected car repairs, medical expenses, or in our case, unemployment. It’s your buffer …
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Why do teens should follow a budget plan? Learning a new thing does not need anyone to attain a certain age. When it comes to finances, acquiring budgeting skills early is not a bad idea. A teenager in most cases is a jobless person with no financial responsibilities to handle. If they learn the nuances …
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A very poor credit score will bring forth scepticism, and chances are you will get refused a loan. The reason is quite obvious that your past payment behaviour was faulty. You missed payments, made defaults and fell into debt. In some cases, a CCJ could be issued against you. Late payments and defaults continue to …
Continue reading “Can you get an unsecured loan with a very bad credit rating?”
Some payouts are so urgent that you cannot delay them under any condition. This situation demands on-the-spot money, which you cannot arrange speedily at times. What’s next, then? You would think of getting a loan but doubt if you could obtain money on time. After searching relentlessly for a suitable financing option, you just want …
Continue reading “4 aspects of the actual representation of speedy loans”
As per Nibusinessinfo, “risks refer to the viability of a business. It refers to the ability to turn a profit and cover operating expenses like salaries, rent, office expenses, and production costs.” It is the reason around 60% of startups fail in the first 3 years. Even though many new unicorns buzzing around the country, …
Continue reading “5 Major Bad Credit Startup loans risks and Ways to Manage Them”
Credit scores also indicate if you are carrying a pile of debt. The worse the scores, the more you are buried under the pile of debts. Lenders usually find it unsafe to lend money to someone who has failed to keep up with past payment commitments. It means rejection is your ultimate fate when you …
Continue reading “Are your very poor scores a red flag for the loan provider?”
