Even the well-prepared person might experience financial difficulties when they suddenly lose their job. Asking for financial aid becomes an urgent requirement when expenses mount and income disappears. However, loans for the jobless provide a complicated environment full of difficulties. It also clarifies the difficulties in obtaining loans for the unemployed. By addressing these challenges, …
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If you are in a dilemma deciding whether to choose a credit or a debit card, first, you must know that both have different functions. Your utilisation purpose and financial capacity should be the two critical elements to consider ahead of making this decision. Apart from these major factors, you might have other considerations too. …
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At times, sudden news of someone else’s financial success makes the recipient envious. Did that ever happen to you? These instances are common in everyone’s life, and oftentimes, they are hard to skip. The very feeling of not being able to achieve what others already did makes you financially insecure. Thanks to social media, news …
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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?”
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?”
