Many of us are facing considerable financial uncertainty right now. The past year has been tough, and that is a normal state of affairs for millions of people in the UK. With that in mind, many will periodically consider taking out a loan to help with financial necessities. But is that a good idea, or […]
Short term loans, are loans that as the name suggests are credit for those that repay what they borrow over a short period of time. They are the perfect option for people looking to rectify a minor cash flow problem. They differ from a traditional bank loan, which is usually paid back over several years. […]
Here at Moolr, it is our job and our passion to source loans for those considering borrowing money. But that does not mean that there is nothing for you to do. Before we even think about sourcing you a great deal, you need to ascertain exactly what you want and why. You should always be […]
With COVID-19 causing devastation to the UK economy, many people are looking at ways to ‘make ends meet’, which is especially difficult with a poor credit score!Short term borrowing such as payday advances can cause more problems than they solve! But are Short Term Loans an answer when you have a bad credit rating? Are […]
The ideal advance term is emotional. You’ll have to sort out the amount you can bear the cost of every prior month deciding how long your credit ought to be. Advance terms can go from a month to five years or more. More limited credit terms lead to a higher regularly scheduled instalment, and typically […]
Many may be considering taking out a loan right now to help them through the near-future regarding their finances. There are many varieties of loans, and many good and bad reasons for taking them out. We took a deep dive into what to look for in a loan. Make The Right Decision As always we […]
If you decide that a loan is the best course of action for you when you require funds, then the process has only just begun for you! Because in a crowded market, where many types of loans exist, you need to ensure you make the best decision and secure the perfect deal for you. So […]
Is there a difference between short term and payday finance? We cover just that in our latest blog. We look at if the products are essentially the same thing under a different label or if there are important differences in what they offer and how they are structured. Are short term and payday finance loans […]
There are many short term loan uses, but there are also many occasions and needs that should not require the use of such loans. Responsible lenders should only lend to those that have considered the options and know that a loan suits them best. Short Term Loan Uses – Weddings Some lenders may advertise loans […]
When you borrow money from a bank, lender, financial institution or utility provider, this can be termed as a debt. You retain these until you pay them back. There are a number of different types of debt, with different lengths of time defined by lenders until you have to pay the money back. Debts can […]
Short term loans are very popular in the UK, offering a simple and fast way to cover a gap in household or personal budgets. Whether you are having a tough month in terms of budgeting, or you are finding yourself facing an unexpected expense, there are many reasons why you should consider a short term […]
Need a little extra cash, but not sure if your reasons warrant the loan application? Don’t worry, millions of people around the world wonder whether its best to take out a personal loan or struggle through the tough financial times. Of course, there are ups and downs to both options. We examine the best situations […]
These days, we are so lucky, as consumers, to have such an in-depth choice when it comes to taking out an online loan. Most borrowers will spend time shopping around. They continue until they feel they have found a lender that offers the kind of loans they are looking for. However, it is impossible to […]
With Covid 19 causing devastation to the UK economy, many people are looking at ways to “make ends meet”, This is especially difficult with a poor credit score. Short term borrowing such as payday advances can cause more problems than they solve. Do short term loans help bad credit? Is a short term loan really […]
It is not always easy to find the cash you need to fund your business. And it is even harder if your credit is less than stellar. You may have heard that borrowers with poor credit history might have an easier time getting approved for short term loans. Not necessarily so. You may have also […]
If you aren’t in a position to save, don’t have emergency cash to fall back on, and payday is still some way away, a short term loan – also known as a payday loan – might be worth considering. Short term cash loans can provide the financial flexibility you need to ensure your affairs are […]
Advertising is a multi billion pound industry, and it is clearly effective. And that extends to the world of personal loans. In a crowded market, it is all important, and the key inducement to potential borrowers is a competitive rate of interest. Rates splashed in big letters on your screen. But this is not the […]
The ideal loan term is subjective. You’ll need to figure out how much you can afford each month before determining how long your loan should be. Loan terms can range from a month to five years or more. Shorter loan terms lead to a higher monthly payment, and usually higher interest rates, Moolr ask the […]
Regardless of how well you budget each month and how good you are at keeping track of your money, sometimes the inevitable happens. Problems occur and you need emergency funds. An unexpected bill lands, or your kitchen floods. Your car’s exhaust falls off, or a child needs funds to get by. One way of getting […]
Unlike a traditional bank loan, which borrowers usually pay back over several years, lenders designed the short-term loan for people to repay quicker and deal with immediate issues. Often borrowers will do this within several months. You can use them for emergencies, such as car repairs or a broken boiler. There are several types of […]