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 […]

Debt Consolidation Errors

Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a personal finance process of individuals addressing high consumer debt. It is a useful tool for many borrowers, to simplify their finances and often save money in the process. However, it is […]

How do you receive a payday loan without a debit card?

How do lenders accept a borrower without a debit card for a payday loan? Moolr took a look at the factors involved in such a situation.If you have never borrowed money before then you may not be aware that you can get hold of a quick loan. you can do this without having to go […]

Which Type Of Loan Is Best For Me?

At some point in our lives we may need to borrow money, and not just a quick favour from friends or family, but a proper financial transaction that requires a contract, repayments and so on. As you probably are aware, it is not just banks that grant loans any more. There are loan companies that […]

Why are personal loans good for bad credit?

There are many things to consider before getting a personal loan, including how it will impact your credit. Depending on your credit profile, a personal loan may help your credit and your credit scores, especially if you are using the loan to pay down existing, higher interest rate debt. A personal loan can also make […]

How to get doorstep loans with bad credit?

Doorstep loans, also known as home collected credit are cash loans delivered to your doorstep. They are one of the few lender types that pay your loan in cash and not into your bank account. Subsequently, a doorstep loan is a popular choice amongst consumers who don’t have a bank account. You can compare doorstep […]

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