A 650 credit score is not bad credit but it is below the important cutoff for prime lending The most common questions I get on the blog are about individual credit scores and none are more frequent than the 650 FICO score. FICO doesn’t release its credit score data but I would put good money on a bet that the 650 credit score is one of the most common among American borrowers. So what can … [Read more...]
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Best Bad Credit Loans: The Best of a Bad Situation
Everyone gets in financial problems at some point, make the best of a bad situation with these best bad credit loans options We’ve all been there, you miss a payment or just don’t have the money in your account to cover a check. Your credit score gets destroyed and interest rates jump. That means higher interest and higher payments. Once you fall into this bad credit trap, it’s almost … [Read more...]
10 Types of Loans and Which is Best for You
The Best Types of Loans for Your Need and How to Get the Best Rate So much time is spent talking about how to pay down debt and why you should avoid debt altogether that it’s easy to forget there are many different types of debt. Use any one type of loan for the wrong use and it could send you into a debt spiral. Use the right loan for the right need though and it can help you do something not … [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...]
Avant Review: Online Loans for Bad Credit
Avant is one of the best sources of online loans for bad credit and your chance to avoid payday lenders One of my favorite websites for online loans for bad credit has been Avant. I used the online loans site a few times and have talked to a lot of others that have been able to get the money they needed in less than a few days. In fact, being able to find lenders like Avant and other online … [Read more...]
