Understanding Financial Jargon – B

With the wealth of financial products that exist out there, it is easy and understandable if you get confused by all the terms that are used. Terms used to describe said products. It is important you do though, as you want to get the best deal for yourself. And also understand the terms of any […]

How Bad Credit Could Affect Your Job

Many people worry that getting debt advice or choosing a certain debt solution will affect their job. They fear that having a poor credit rating might mean that their contract will be terminated, or they may feel embarrassed at the idea of their employer finding out about their debt. We look at how bad credit […]

The Side Effects of Bad Credit

Bad credit can have many negative repercussions. If you are in the habit of paying your bills after the due date, late fees likely won’t be your only problem. Poor borrowing habits erode your credit, which makes it a lot tougher to get loans in the future. They also can make it hard to get […]

How to Get a Loan With Bad Credit

Yes, you can get a loan with bad credit – but it is harder to get a good deal. You have fewer options available, and loans are typically more expensive. Low credit scores make it easy to fall into expensive traps, but a bit of preparation can help you avoid the worst problems. What is […]

Are debt consolidation loans bad for credit?

We all want to get rid of debt. Debt is costly and can prevent us from reaching financial goals. Some people consider credit card debt bad and mortgage or student loan debt good. The truth is that having any debt means you are financially beholden to a creditor. You cannot put your money in your […]

How do loans affect credit score?

Loans – and how you manage them – are the most important factor in your credit. But credit is complicated, and depending on the state of your credit, you might wonder if loans help or hurt your credit scores. New and existing loans can affect your credit in several ways. Moolr take a look at […]

What are the main disadvantages of having a bad credit score?

As you are making out your credit cards and ignoring your bills, it might not dawn on you that your credit could be affected. The timeliness of your credit card payments and the amount of debt you are carrying have the biggest impact on your credit score. Mess up in these areas and your credit […]

Why You Should Avoid Guarantor Loans

A guarantor loan, in principle, sounds like a great option. Somebody close to you that you trust acts as security for you borrowing money. They sign some paperwork and you get much needed funds. Everybody’s happy. Unfortunately, it is not that simple, and such a deal has many a downfall. Moolr took a look at […]

How to get car financing with a bad credit score

If you have credit issues and want to get a car on finance, your options may be limited. But there is still hope. How your bad credit rating impacts your chances of getting a car on finance. In a nutshell, your bad credit rating is a score that reflects how good of a borrower you […]

How to Qualify for a Mortgage with Bad Credit

Your credit history is one of the most important details lenders consider when approving you for a mortgage. Bad credit or a low credit score will compromise your ability to get a mortgage, as lenders will consider you at risk of defaulting on your loan. Obtaining a mortgage has become even more difficult due to […]

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