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 […]

Interest Rates Explained

It’s probably the key factor in deciding whether to take out a loan or not. Namely, the interest you have to pay on top of what you borrow. After all, the higher the rate, the less sense borrowing makes. What’s more, it makes repayments harder the more you have to pay each month. Rates can […]

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 […]

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 […]

How to get a secured loan with a bad credit score?

Applying for a loan might be the first time you know anything about having a low credit score or problems with your credit history. If this is the case – don’t panic. There are, generally speaking, lending options out there for everyone – including loans purposefully designed for people with poor credit scores or problematic […]

What Are Secured Loans?

Like Any loan, Secured Loans Come With Pros And Cons Secured loans, which are also sometimes referred to as homeowner loans due to their connection to property, are a way of borrowing larger amounts of money for lower charges than usual. This is achieved by using an asset as collateral on the loan – usually […]

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