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Tips for Newlyweds Applying For Short Term Loans

Now that you’ve tied the knot, it’s time to get settled into your new married life. As you’re experiencing many new things, your new financial situation is something you and your spouse should focus on, and that’s where short term loans come into the picture.  How do you use it wisely to establish your finances together? When it comes to buying things similar to a house and a car, your credit becomes extremely significant. Here are tips on how to manage your borrowed money wisely: Communicate Being married means having to communicate a lot. Are you planning to get short-term […]

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Checklist Before Applying For First Time Home Loan

Do you want to grab the best first time home loan deal? Here’s how to improve your chances of getting approved for a mortgage you can afford. List your assets To qualify for a first time home loan, lenders would want to know your monthly income. Whether or not it is sufficient to meet your monthly mortgage plus other debt obligations will determine the amount you will qualify for. When listing your assets, don’t include car which is still on loan, or other assets that serve as collateral. Lenders are looking for liquid assets or those that you can easily […]

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Poor Credit Mortgage Loans: Factors Affecting Your Borrowing Capacity

Are you planning to buy your dream house?  Remember that your borrowing capacity depends on various factors. Whether you’re planning to apply for poor credit mortgage loans (bad credit loans) or a regular mortgage, here are a few factors that may affect how much you can borrow. Credit score As mentioned above, the higher the score, the better is your chance of getting a loan. Financing companies give preference to borrowers with good credit history. So, if you have been reliable in paying your utility bills and outstanding debts on time, lenders may quickly approve your loan. But, if there […]

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Why Refinancing Is Better Than Self-Employed Personal Loans

If you need instant money, you may have considered personal loan. They’re often faster to approve, but you can get high interests over a short period of time. Well, if you are expecting to receive money to pay on the scheduled due date-let’s say in a month, or in less than two weeks-then go on. But, if you’re not sure, you may have to skip payment until your principal loan and interest charges balloon. In such case, refinancing will be a better option. Here are some of the key reasons why refinancing is a better choice than self-employed personal loan: […]

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Options if You Don’t Qualify for First Home Buyers Grant NSW

If your application for first home buyers grant NSW or FHSS scheme was rejected, there are other loan options to consider. Bank loans Ask your local bank, of they offer home loans for people with credit problems. In fact, they may have specific promos for long-time account holders who meet their eligibility criteria. But, if they are only interested in people with high credit ratings, you may not get a positive response if your credit rating is low. Still, it is best to explore your options by visiting your bank—this way, you will have an idea of what other traditional […]

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How to Apply for First Home Super Saver NSW (FHSS)

Important things to keep in mind when applying for FHSS – First Home Super Saver NSW. If you’re a home buyer for the first time, you may qualify for first home super saver NSW. It is government assistance amounting to $15,000 grant for new homes as long as the purchase price does not exceed $650,000. You can also apply for a $7000 Regional Relocation Grant if your new location is in the regional area, provided that you have relocated from a metropolitan area. What qualifies as a new home?  It was not previously occupied – If you rented it out to […]

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Benefits of Purchasing a New Vehicle Using No Credit Check Loans

If you want to a buy a new vehicle in cash, to avoid the heavy interests of auto loan, no credit check loans can help. Many car buyers contemplate whether buying a brand new car is far better than getting an auto loan. If you are willing to part with your car the moment you default on the loan, then you can opt for the latter. But, if you want to keep your car, without fear of being dragged out of you, you can opt for loans which will not use it as collateral. There are also many personal loans […]

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Understanding Short Term Loans Rejection

Understand why applications for short term loans are rejected and how you can fix it. Short term loans allow you to enjoy financial freedom despite unstable source of income and a rock solid credit history. You can successfully meet both your personal and business needs, and almost all kinds of expenses while improving your finances and credit score. You are not eligible Before you click the submit button of an application form, or hand it manually to the loan officer, check the eligibility criteria first. Most of the lenders have their own criterion and preferences. Perhaps a particular short term […]

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How To Get the Help You Need with Bad Credit Loans

Bad credit loans are more than just a “last resort” for people with poor credit rating, but a tool to get the financial assistance you need and to improve your credit score at the same time. Below are some helpful tips to help you get the right financing, ASAP: Shop Local Does your current bank offer loans even for people with bad credit? Talking to your bank’s loans officers can help you access loans offered to loyal customers who have been with the bank for many years. They can also offer some helpful advice on the next steps you can […]

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Should I Get A Second Mortgage To Pay Off Bad Credit Loans?

If you have bad credit loans and your mortgage payment has increased because you missed several payments, will you consider getting a second mortgage? Home owners with existing first mortgage know that personal circumstances change, mortgage interest rates increase and defaults often lead to foreclosure and forced sales. If you cannot afford your current monthly mortgage payments and you have existing bad credit loans or numerous credit accounts, losing your home is just half of the problem. The other half is getting back your credit rating so you can qualify for other loans to save your home, pay your existing […]

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