Deciding whether it makes sense borrowing off family or friends, note it is a personal decision that depends on various factors. These include your relationship with the person, your financial situation, and the terms of the loan. Here are some considerations to keep in mind. Impact on relationships Borrowing money from family or friends can […]
Before you take out a loan, we think it fair to advise you that you should consider ways to find funds without borrowing. So we ran through how you may want to do that, before adding to existing debt. Sometimes, people do not realise the alternative offers open to them. First Of All, Go Through […]
Here at Moolr we are committed to sourcing credit only when it is the right option for potential borrowers. We have talked about such matters in the past, but felt it worth a revisit. Here is a guide to responsible borrowing. Comprehend your advance. The initial step to being a capable borrower is doing your […]
In the latest in our series of articles looking at the process and decision making involved in taking out a short term or flexible loan, we took a look at how to borrow the right amount. Because it is crucial that you get this decision right before proceeding with any credit agreement. How To Borrow […]
Many of us are in a position where we may need to borrow extra money at the current time, or in the near future. This can be very daunting and stressful for those involved. But borrowing can be done in the right way, and be advantageous to those that use it. We have done a […]
When you need money, and you have bad credit, sometimes it can seem more straightforward just to ask your friends or family for support. But should you? There are many benefits and drawbacks to borrowing from friends or family. Options Borrowing from family and friends can provide emergency money quickly when you need it. This […]