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 […]

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 […]

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