How To Consolidate Debt

A debt consolidation loan is when you take out a new personal loan to repay all, or some, outstanding debts through a single monthly repayment. You can use it to pay off debt for other loans, credit cards and more. It can be a useful tool for millions, if used correctly. Moolr offer a range […]

How Loans Have Changed In The UK

Loans in the UK have been part of the financial markets since as long as nay of us have existed. But their nature and role has changed dramatically down the years, especially after the events of recent years. Moolr took a look at how loans have changed in the UK. The Old Days It is […]

Considerations Before Borrowing Money

Whilst we as a company are devoted to sourcing loans for all, we do not flagrantly source funds without due process. We are committed to doing the correct thing for our customers. In many situations, that means a loan not being the best option. A loan is a vital resource for many, but it is […]

Which Type Of Loan Is Best For Me?

Picking the right type of loan could make your borrowing cheaper, easier to manage and lower risk. Different types of loans come with different terms and varied uses. They are tailored for certain people ans certain situations. With that in mind, we took a look at a common question. What type of loan is best […]

Ensure You Pick The Right Loan Length

When deciding whether to take out a loan, the preoccupation is often with the idea of taking on extra debt, and having that hang over you. And the consideration of the extra budgeting required to make repayments. But a key factor in that final consideration, is the period over which to pay back what you […]

Things You Should Not Use A Loan For

At Moolr, we are passionate about finding finance for all. We look to say yes to 4 out of 5 applicants, even if you have had a mixed credit history. However, we only source funding for those we think a loan is the best option. It is not the right answer for all, and should […]

Why Did I Not Get The Advertised Rate For My Loan?

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 […]

How Long Should My Loan Repayment Period Be?

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 […]

What Can You Do When You Can’t Make a Loan Payment?

Sometimes life brings big surprises. If you can’t make payments on one or more of your loans, its best to take action sooner rather than later. It’s important to act quickly and not turn a blind eye if you can’t make a loan payment. Moving quickly helps you minimise the damage to your finances. Perhaps […]

How to settle payday loans?

Payday loans are a quick and convenient way to borrow money for short periods of time. In some circumstances, it may make sense to take out a payday loan in order to settle other debts. Before you do this, do some research. Take the time to carefully read the fine print and determine whether taking […]

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