Many people are at a crossroads in their careers and due to the proliferation and ease of the internet, many choose to set up a home office. Overheads can be low and lifestyle choices can also come into play as you can combine childcare at the same time, or look after elderly relatives. However, many people often find themselves in the situation of having bad credit due to their previous spending history. Unfortunately, it is a fact of life that if you have been unable to pay your bills in the past, many traditional lenders will look upon your history unfavorably and will not extend you credit.…Continue reading
Getting a five-figure loan sanctioned to buy a car is not easy. If you add a poor credit history to the mix, the odds escalate that much more.
Going by the most common credit score model, an individual’s rating can be anywhere in the range of 300 to 850. In this range, a score of 669 or less is ranked on a spectrum of fair to poor, depending on the policies of the loan provider. While a score like this may limit your eligibility for securing a loan, with some research and careful financial planning you can still land one.
Here’s everything you need to know about how to get on:
What is a Bad Credit Loan?…Continue reading
When you start a business, there’s a very good chance that you are going to need some extra capital. Whether you need money to hire and train employees, to pay for office space, or to buy inventory, it seems there is always something to spend money on when you start a business.
The great news is that there are so many options out there for finding the funding you need, from small-business loans to lines of credit. But what if your credit isn’t exactly stellar? Can you still get a small-business loan with bad credit?
The answer is yes, but it may be more challenging than you think.…Continue reading