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 […]

What’s the difference between a soft and hard credit search?

When you apply for a loan, the lender will almost certainly carry out a credit search. There are two types of credit searches. Firstly, a ‘soft search’ and also a ‘hard search’. These searches can affect your credit report in different ways. Thus, it is useful to understand the difference between a soft and hard […]

Financing Choices For Those With Bad Credit Scores

It is a common issue that visitors to the Moolr website are concerned about. Namely, the financing choices for those with bad credit scores. This is understandable as naturally the better your credit score, the greater your options for finance. And also, the better the rates available to you. But if your credit rating is […]

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 […]

A Short Term Loan Checklist

The UK payday loans, or short term loan industry has struggled with a mixed reputation in recent years. Nevertheless, since FCA regulations were announced in 2014, short-term loans have found their place in the market. Regulations are as tight as anywhere in the world. Loans are a useful option for people in need of a […]

What are unsecured loans?

Unsecured loans are loans that are approved without any need for collateral. Instead of pledging assets, borrowers qualify based on their credit history and income. Lenders do not have the right to take physical assets such as a home or vehicles if borrowers stop payments on unsecured loans. These loans are also known as “signature […]

Failing To Make Loan Repayments: The Consequences

Moolr always take a customer’s personal circumstances into careful consideration before offering finance. Failing to make loan repayments is not something anyone wants to encounter. We make it clear that anyone looking to borrow money, whatever the circumstances, is comfortable in doing so. The terms of a prospective loan should always be looked at thoroughly. […]

4 Ways to Borrow a Small Amount of Money

It is normal to borrow money. We have all done it at some time or another, and almost all of us are repaying finance right now. It might be a loan, a mortgage, a new car or many other things. It is nothing to be ashamed of. Many need to borrow in the short-term, when […]

What are the best ways to get a small loan?

Just because you need a bit of extra cash, that does not mean that you need to borrow thousands of pounds. Often, a few hundred pounds, borrowed over a short period, is all you need to get you out of a sticky situation.so, here we run through the options that you have available if you […]

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