Using long-term loans like personal loans or other credit can help fix your credit score through three of your biggest credit score factors When you think of long-term loans, you’re usually planning a big purchase like a house or a car but you might not know that you can also use smaller loans to help improve your credit score. Borrowing as little as $1,000 can help pay off high interest debt and … [Read more...]
How Much do Bad Credit Loans Really Cost?
The real cost of bad credit loans comes from years of interest payments but there is a way out We saw last week how rates on payday loans can approach 500% and the real cost of cash advances. Today I thought we would look at how much bad credit loans actually cost when you factor in all the interest payments. While rates on bad credit loans don’t even come close to those from payday lenders, … [Read more...]