The defaulted loan is transferred to the debt collection agency, which then contacts the debtor and asks him to make the payment in full. Do you have pending payments to make? Are there any pending loans that need your immediate attention? It is a cause of concern, as the inability to repay may lead to […]
An increasing financial crisis can affect your credit score badly. Due to mismanagement of finance or even due to unemployment, you may lose hold on financial stability. In worst cases, such a critical situation can take place, which may compel you to borrow money, but you are unable to apply for funds due to a […]
Organising your finances is important to avoid unnecessary clutter from causing all sorts of troubles. People spend a significant time cleaning their houses but they often ignore the finances. Unplanned spending, ill-managed funds, and stacking unpaid bills are the major reason for your money problems. Therefore, you should take a small break from your busy […]
Student loan repayment is a stressful topic of discussion for new graduates. They need to manage the instalments with a limited income amid the different expenses. The moratorium period may seem like a significant duration but will not provide relief forever. Therefore, it may seem intimidating but you need to start the repayment plan early. […]
If you are eligible for government-backed student finance, they will be much more affordable than private student loans. This is because you will have fixed interest rates throughout the term and flexible repayment options, including an income-driven repayment plan, but you have to meet the eligibility criteria. Some students have no other option than funding […]
As a borrower, you may be flooded with borrowing options. A lot of options can put you in confusion about choosing the best suitable option for you. If you are looking for personal loans, you have only two options that differ in terms of their interest rates, repayment terms and conditions and other essential factors. […]
In this digital era, nobody wants to wait to fulfil their dreams. People are finding fast solutions to stay happy and satiate their desires. Dreams are changing with time and making people want more and more. Dreams may be materialistic or non-materialistic. Materialistic dreams may include a luxurious vacation, a new house, new luxury car. […]
With the expected third wave of covid-19, UK is preparing itself and taking measures to fight against this pandemic. With the third wave, it is likely to lead to an economic slowdown. The first two waves have had a significant impact on the economy and led to a recession in the year 2020. With this […]