Statistically speaking, 28% of consumers with credit scores in the Fair range are likely to become seriously delinquent in the future. Some lenders dislike those odds and choose not to work with individuals whose FICO Scores fall within this range. A 658 credit score may not suffice for many lenders.Lenders focused on “subprime” borrowers, on […]
In the UK, it can be difficult getting by with so many costs in life if you are a student, as there is for everyone. The student maintenance loan is there to cover a student’s day to day livings costs, but many students find this is not sufficient to get by. The maintenance loan is […]
Short term loans have many different uses, but should you use a short-term loan to buy a house? Here at Moolr, we don’t believe this would be in your best interests. Find out why below. Home Ownership Dream For many people in the UK, their dream is to one day be a proud owner of […]
As the economy remains shaky and banks tighten their borrowing criteria, many consumers look for new sources of funding as a result. Some avenues are straightforward and understandable. Some are not however. They have a high interest rate, fees and charges. Some of these are not obvious at first glance. Here are the three worst […]
Moolr always take a customer’s personal circumstances into careful consideration before offering finance. Failing to make loan repayments is not something anyone wants to encounter. We make it clear that anyone looking to borrow money, whatever the circumstances, is comfortable in doing so. The terms of a prospective loan should always be looked at thoroughly. […]
Card protection for credit cards Not everyone will be aware of it, but your credit card automatically comes with in-built insurance that will protect you when making certain purchases. The insurance kicks in when spending over £100, and you are protected by law. So if you receive an item that is faulty, that isn’t as […]
We’d all love to jet off somewhere nice at least once or twice a year and get away from the rat race. Unfortunately holidays can be very expensive. With that in mind, Moolr have some tips to make your dream experience cheaper. Don’t Be A Sheep It’s easy to fall into tourist traps whilst exploring […]
Everyone knows what eBay is. However, have you truly examined how eBay could help you out financially. Moolr have taken a look at how to get the most out of eBay, both as a seller and buyer. Thus you will be better placed to know how to make money from eBay. Clever Purchasing This guide […]
Applying for a loan might be the first time you know anything about having a low credit score or problems with your credit history. If this is the case – don’t panic. There are, generally speaking, lending options out there for everyone – including loans purposefully designed for people with poor credit scores or problematic […]
If you are struggling with debt, then before applying for a loan, please take some time to read our previous money saving tips, to see if your problems can be solved by small lifestyle changes and budgeting. In our final part, we look at more budgeting advice for those looking to make their money go […]
You’re probably already thinking – this sounds too good to be true. Fair enough. I would think that too! Nevertheless, there are totally legitimate ways that people can rearrange their financial affairs and pay less tax. Let’s look at ways to pay less tax. Tax Relief On Pension Payments Most contributions workers make to workplace […]
I’ll be honest – I have been a terrible food shopper in the past .I buy what I want, when i want, regardless of budget and without considering whether all the food will be used. Eventually I realised i could not afford to continue to this approach. Thus i tried to become more savvy when […]
We recently looked at ways people can budget to make their hard-earned money go a little bit further. We’ve got a few more tips below for how to do this. Budgeting can allow you to live your life without making major sacrifices. Complain. If you have bought something that doesn’t work, is not as advertised, […]
After getting some budgeting advice from Moolr, if you still feel that you need debt help, rather than a loan, then please speak to a debt management expert for no obligation, impartial advice. Moolr have collated some tips in the meantime ot make your pennies go that little bit further. Budget The main tip, around […]
A Loan To Buy A Car Buying a car is a big investment and a major decision that should not be rushed. If you are in need of a vehicle but do not have the funds available to make the purchase, then a short term loan could be the best option for you. The costs […]
What is an APR? APR stands for annual percentage rate, and is the total interest a person will pay annually on a credit product. Legally, any financial product provider has to display this figure, be it a loan, credit card or mortgage. In the current financial market, with much shorter loans available than used to […]
What are short term loans also known as? You may have heard them described as same-day, quick, short-term or cash advance loans. All of these names can be used to describe this type of lending, so you should not distinguish between them. Moolr have thus addressed some of the most common questions below: Short Term […]
In these austere times, as Brexit and a seemingly never-ending recession affects many of our lives, how we spend our hard-earned cash is one of life’s most important dilemmas. Therefore, Moolr have taken a look at prioritising how you spend your wages. We look at the most important things to spend your money on. Your […]
Do your Homework If you’re one of millions that has a constant battle deciding how to pay off multiple debts, then this is the article for you. The problem is that many of us do not do the maths and look at their unique situation logically. You need to be sensible and work the figures […]