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Easy Loans – Get Cash Assistance Without The Headache

March 4, 2012

Easy Loans

If you are interested in getting easy loans which are also known as instant loans, they are really the easiest way to obtain the funds you need in the shortest amount of time, as usually you can get the money within 48 hours. The best part about these loans is that eligibility is not based off of what your credit score is, so those who have negative credit scores will not be denied like they would with most all other loan programs. These easy loans can be used for any purpose, offering you a chance to pay for things like tuition, medical bills, housing projects, car payments and more, which the paperwork is minimal too.

easy loans

Okay now this may seem way to good to be true, which to an extend this is the case, as easy loans come in the form of secured loans which come in the from of higher interest as well as stricter repayment terms. Now as far as lending amounts go, traditional amounts tend to range from $100 to $1500, but as far as what you qualify for, the guidelines are based off of how much you can really afford to repay, and to a lesser extent what the money is going to go towards. As it was stated earlier, these loans are unsecured funds, which yes they bring about higher interest rates, but they do not require that you put up any from of collateral, like a home or car, in order to become eligible for the easy loans, offeirng peace of mind that if for some reason you do not have the financial means to pay it back, none of your personal items will be taken away as payment.

Easy Loans Borrowing Limits & Payback Terms

When it comes to how fast easy loans need to be paid back, well this is another drawback as these loans need to be paid back fast, usually within 2 weeks to at most a month. The repayment period may be able to be pushed out, but not without a price as lenders may allow an extension but charge you with certain fees.

Easy Loans Borrowing Requirements

When it comes to what you need to prove to take out an easy loan, the main requirements on needs to provide to the easy loans lender are:

  • 18 years of age or older.
  • An active bank account that has been under the borrowers name for a minimum of 6 months.
  • All personal information is accurate.
  • An most importantly, one must provide proof that they hold a job and earn a monthly check, which will provide validation that one has the financial means to pay back the easy loans lender.

There are a myriad of different easy loans providers that can provide you with the cash you need, which the main thing you want to keep in mind is to verify if the lender is reputable, which the best way to do this is to search forums on the particular easy loans lendering company and read what forum users have said about them.

 

How To Get Consolidation Loans For Bad Credit

February 27, 2012

Consolidation Loans For Bad Credit

Consolidation Loans For Bad Credit

You can get consolidation loans for bad credit that can really help you get out of debt once and for all and not have your credit affect your ability to eliminate this debt. This first option that you can consider is getting a worth co-signer, which if you can get one it can be a very valuable thing to have that can result in better interest rates as well more lenient repayment terms. If you are able to obtain a co-signer when applying for consolidation loans with bad credit, you have the option of having the loan tranferred to your name later on, usually after 1 to 2 years of ontime payments.

This is one way of obtain consolidation loans for bad credit, but you can also qualify for loans regardless of your credit score but they may come with higher interest rates as well as the possibility of you needing to provide collateral, which is something valuable that the lendee puts up which is to be taken it they do not make their monthly payments.

Other methods that have been used to attain bad credit consoliation loans are borrowing against things like your home or taking out equity to pay off debts, as well as borrowing against ones car. If these options to do not apply to your situation, then the next section will provide you with other alternatives.

Finding Reputable Companies That Offer Consolidation Loans For Bad Credit

1.)  There are various ways to find the best rates on consolidatoin loans for bad credit, which a great way to do so is to search online on sites that offer comparisons on rates of different credit card consolidation companies. When you find one that you wish to do business with, always meet in person when doing the paperwork, never fill out anything or offer any personal information online.

2)  If you are uncomfortable applying for bad credited consolidation loans, then a great alternative can be visiting a bank or a credit union, which credit unions are known for offering much better interest rates on their loans as well as offer better eligibility odds when it comes to those with bad credit scores, compared to the likes of banks. You can also consider going through a non-profit organization for consolidation services, which you will want to make sure they are infact a non-profit organization, which you can do so by demanding their non profit documentation.

3.)  You can also meet with various lenders and compare their rates, allowing you to go with one that provides you with the best interest rates.

The main thing to keep in mind when searching for a company that can provide you with a consolidation loan for bad credited is to make sure they are repuatable, which the best way to do so is to contact the Better Business Bureau (BBB) whom keep tabs on a myraid of different companies and know whether or not they provide honest services. The most reputable companies offering consolidation loans for bad credit will actually have the BBB logo on their website, which you can also verify consolidation companies at you states auditors office.

Requirements For Consolidation Loans For Bad Credit

When meeting with a bad credit consolidation loan lender, you will need to prove a couple of aspects about yourself, those of which include:

  • Proof that you are a US citizen, or a permanet resident.
  • Be 18 years or older.
  • Proof that you have a job as well as documentation of what you are earning. This will both provide the bad credit debt consolidation company with the confidence that you can pay your monthly payments as well as information needed for them to cater a good repayment plan that you can afford.
  • That you have lived in the same place for a minimum of 1 year.

You will need to prove a minimum of 6 months of employment history, as well as a list of all your expenses that will show if you can truly buget in an additional monely payment, which you can prove that you can by creating a budget of all your expenses and proving that you have extra money each month to do so.

Best Credit Card Consolidation Loans

January 16, 2012

Best Credit Card Consolidation Loans

There are various factors that go into finding the best credit card consolidation loans for you and your particular debt situation but the first thing you want to comtemplate is whether you really want to use consolidation for your debt/bills as there are various different debt relief methods. The situation in which credit card consolidation is best is when one is having trouble making their even their minimum payments as well as are paying high interest rates in which the minimum payment is only really covering the interest, and maybe a small amount of the total debt. Debt consolidation can both lower interest and provide you with a fixed interest rate not variable like credit card lenders, as well as provide you with a lower overall debt total, if you find the right loan and lender.

Credit Card Consolidation Loans

How To Find The Best Credit Card Consolidation Loans

The easiest method known when it comes to finding the best credit card consolidation loan for you is to use complimentary online quote in which many lenders offer on their websites. Now you can shop around and get one online quote after another, but an more stress free method is at your avail, known as side by side comparisons which a website will allow you to get a feel for the rates of and terms of a host of different credit card consolidation providers. A couple of other tips that can help you on the pursuit of finding the best credit card consolidation loans include:

  • You will also want to contact your states Department of Banking in order to make sure that the credit card consolidation company that you are looking to do business with is licensed and providers fair services. The Better Business Bureau also keeps a tab on whether companies are reputable or not giving them different ratings depending on how good they are.
  • Read the fine print! Make sure the terms and conditions are exactly as stated before you sign anything.
  • The best consolidation loans for credit cards can also often be found with non profit consolidation companies. But many pose that they are non profit so you will want to verify their non profit status which can be done by contacting your states Department of Banking and/or asking them to provide non profit verification which will come in the form of the variation: (501(c)(3)).
  • Ask for a complimentary counseling session in which you and the credit counseler will go over how credit card consolidation will benefit you more so than your current debt situation, or if a different form of debt relief is a better option.

Best Credit Card Consolidation Loans – Alternatives

If you are looking for the best credit card consolidation loans, but happen to have one credit card that has an interest rate that is considerably lower then the rest of your cards interest rates, you can also consider doing a balance transfer in which you transfer all of your debt to one card allowing you to pay on a lower interest rate which will equate to more money going towards paying off your actual debt. If you go with this debt relief method, you will want to keep in mind that credit card rates are variable and can change on you pretty much at any given moment. You can also try to find a credit card that has zero interest for a period of time in which you can transfer your debt to that card and do everything in your power to pay off as much of the debt as possible during the zero interest timeframe.

 

 

Consolidation Loans For Credit Cards – How To Get The Best Loans

December 4, 2011

Consolidation Loans For Credit Cards

Attaining a consolidation loan for credit cards you have debt with can equate to the first step towards gaining back your financial independency as well as freedom, and best of all being one less number in the ever growing number of people that are in over their heads in debt. When you take out a credit card consolidation loan, you will be able to possibly get a much lower interest rate, being that credit card interest rates are sky high, as well as you will avoid the gargantuan fees that comes with paying late, as you will now be paying on a much lower payment total each month as consolidation companies stretch out the repayment period, enabling lower payments.

consolidation loans for credit cards

When going to apply for a consolidation loan for credit cards, you will be entertained by two different offers, which are loans in the form of being secured or unsecured. Secured credit card consolidation loans, also known as secured lending, are offered for those who are willing to put up collateral like a home or car or any other asset that has high worth which the higher worth, the better chance that the person will receive a loan as well as better rates. If the borrower fails to make their credit card consolidation loan payments they will go into defualt, which then the lender then owns the collateral that is put up. The benefit of secured loans is that they always come with lower interest rates than that of unsecured loans, as well as offer more lenient repayment terms, enabling one to extend payments terms to up to 30 years. This method is most often used for those who have very high debt totals, and need to get a large loan.

Unsecured consolidation loans for credit cards do not require any collateral to be offered for acceptance, but unlike secured loans, acceptance is based off of your credit score. If one doesn’t have a good credit score, then it is imperative to find a someone who does, and have them be your co-signer, and being that you are not offering something to loose, interest rates will most likely be higher as well as repayment terms will be higher. Unsecured consolidation loans for credit cards are best for those who do not have a home or much in the form of collateral.

No matter which option you end up choosing, you will want to compare APR rates and terms along with other encompassing information before committing to the first company that will have you, as you will be able to find the best deal for you and not get sucked into a company that is just trying to close a deal. It is also highly advised that you employ a debt consouler who can advise you on reputable companies and the best terms for your particular situation as well as they can also provide alternatives that can be better for your situation if infact a consolidation loan for credit cards isn’t the best way to go.

How To Get The Best Conolidation Loans For Credit Cards

Below are a few tips that you may want to consider entertaining in the event that you choose on using consolidation loans for credit cards.

  • In the event that you want to pay your debt off early, you will want to find a company that offers principal rate reduction,
  • If in fact you are looking for a longer repayment term to pay off your credit card consolidation loan, you will want to find a company offering interest rate reductions.
  • Make sure you find companies who have permanent discounts, not just temporary.
  • If you happen to be with another lender, and during that time you started with a poor credit score, but have boosted it up during the time your have been with your current lender, like 100 points or more, you can consider going to another lender who may give you a better interest rate, or try and negotiate better terms with your current credit card consolidation lender since they want to keep your business.
  • Low interest rates are also found through non profit organizations which you can tell if they are non profit by asking them to prove their non profit formation which is:  (501(c)(3)), but if you do not go with a non profit organization, make sure the company is involved with either The Association of Debt Settlement and/or Internal Association of Professional Debt Arbitrators (IAPDB) or both.
  • Using auto debit can result in your saving a small percentage, but a percentage none the less on your interest rates, as well as ensures that you make your consolidation loans for credit cards payment on time each month.

How To Get Bad Credit Debt Consolidation Loans

December 4, 2011

Bad Credit Debt Consolidation Loans

If you are looking to consolidate your credit card bills or any other bills for that matter, but have credit that is a bit down in the dumps, you can still get bad credit debt consolidation loans. For those of you who aren’t familiar with the term consolidation loan, it is essentially when a company pays off your bills or pays your bills for you an then you pay them back in the form of one cumulative loan that is equal to the total of all the debt have. Often times these companies will renegotiate better terms as well lower debt totals, which can equate to you paying less interest as well as owing less, not to mention only having one payment to worry about instead of multiple.

bad credit debt consolidation loans

You can apply for a consolidation loan with bad credit, and often times companies with accept your business on good faith, but it comes with a price, and that is a higher interest rate as well as the possiblity of stricter repayment terms as well as not being able to enjoy other discounts you would enjoy with good credit. Below are alternative methods you can consider when looking for bad credit debt consolidation loans.

How  To Get Bad Credit Debt Consolidation Loans

1.)  The first method that is used most often when trying to attain a bad credit debt consolidation loan is to get a co-signer who has good credit. Now a tip to follow if you choose this method is to try to get a co-signer with a score of at least 750, if not higher. This will enable you to have better chances in getting a loan, as well as will most likely mean you getting a lower interest rate on the repayment terms. This also means that you must make payments as if you don’t your co-signers credit will be affected, but later on, usually about 24 months into the repayment on your consolidation loan with bad credit, you will be able to tranfer the debt into your name if you have made on time payments each month, enabling your to be able to build your credit score back up.

2.) If you have a home or car or other valuable assets, and are willing to use them as collateral, which is basically saying if you do not make the payment they can take the asset, then this will offer your a much better chance in qualifying for bad credit debt consolidation loans.

Alternative Options For Bad Credit Debt Consolidation Loans

While you are looking for bad credit debt consolidation loan lenders, you can consider and alternative option in the meantime, which you can consider:

  • Using a credit card to consolidate debt if you have bad credit. The benefit of this can be enjoyed when credit card companies offer low or no interest rates for a period of time, which then you would tranfer the balance of the debt in which you pay the highest interest on which will allow you to save money on interest payments for a short period of time.
  • The other option worth considering when looking for bad credit debt consolidation loans is taking out equity loan on your home to pay off your debt, which then you will only be paying on one debt total, the equity debt which is similar to paying a consolidation loan, as well as can come with lower interest rates because these loans are secured loans.
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