Why You Should Not Lend To Friends

Whilst Moolr are passionate about sourcing loans for all, we certainly do not suggest that every situation demands that you borrow money. We only look to find a loan for those for whom lending is the best option. Many who borrow money however do not use official channels, and look to those close to them […]

Advantages Of Instalment Loans

There are many reasons businesses seek additional funds or capital. In order to stay competitive in the market, a business owner must be ready to invest more. However, small businesses and startups usually experience difficulty in scaling their business due to limited financial resources. In order to thrive and succeed, businesses must maintain a steady […]

Bad Ways To Borrow Money

At Moolr, we are passionate about sourcing loans for all, whatever your credit history. However, we only look to fond money for those for whom a loan is the best option. We always ask those looking to borrow to do their research and ascertain whether there are better alternatives before proceeding. Nevertheless, a personal loan […]

Tips If Struggling With Debt

Borrowing money, whether it is from a lender or even from a friend or family member, always relies on trust. Trust from the lender that the debt will be repaid in full. Trust that terms will be kept to. Thus if you are struggling with debt, it can add extra stress to feel that you […]

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 […]

Reasons To Consider A Short Term Loan

Short term loans are very popular in the UK. Lenders offer a simple and quick way to cover a gap in household or personal budgets. They can help whether you’re having a tight month in terms of budgeting, or you’re finding yourself facing an unexpected expense. There are many reasons to think about short term […]

How Credit Scores Affect Interest Rates

It is a primary concern for those with a mixed credit history when considering applying for any type of finance. Not only the prospect of being declined for a loan, but also the possibility of any loan coming with higher interest rates. Moolr have taken a look at how credit scores affect interest rates. Your […]

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 […]

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