There’s no single best loan company for everyone. The best bad credit loan company for you depends on a few factors: Eligibility requirements. Many lenders will list eligibility requirements on their websites, including minimum credit scores, minimum income levels, and maximum debt-to-income ratios. Interest rates and fees. Lenders use different criteria to calculate your interest rate. Get…
As a buyer, your primary focus should be securing a mortgage with favorably low interest rates and a monthly payment that doesn’t constrain your budget. But remember, your credit score is one of the most important factors lenders consider when deciding whether to approve you for a loan. It informs lenders how likely you are to pay…
Unfortunately, even well before the COVID-19 pandemic, many Americans were one paycheck away from running out of money. That situation has worsened, with 63 percent of Americans living paycheck to paycheck in December 2020. With so many people so vulnerable to financial stressors, employees may ask their employers to grant them a loan. Traditional employee loans are…
for you When a business needs a new piece of equipment you have numerous sources for financing. That is if you have good credit. Business owners with a low FICO score (three-digit number based on your credit reports that lenders use to determine your ability to make payments) will be viewed as risky. Resulting in a difficult…
As a small business owner, you may find it difficult to receive financing to help your business grow or even just to survive. Have you been declined by your bank for a business loan? The answer to this more times than not is “YES.” As of July 2019, big banks approved small business loans only 27.7% of…
The restaurant industry is a unique industry. It is an industry that does not have a shelf life. Either people like a restaurant or they don’t. Yes, there are fads within the restaurant world that come and go but people will always have their favorite spots to dine. The issue that restaurants have at times…
