Subprime Lending - For People With Poor Credit Scores

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Monthly Archives: July 2010

How To Calculate Your Mortage or Loan Biweekly

Often borrowers want calculate their loan biweekly, whether that be a mortgage, a car loan, a motorcycle loan, and RV loan, or a straight up personal cash loan. The trick is to have the right calculator for doing biweekly payment schedules, and we have the right one for you no matter what kind of loan [...]

Getting Approved for a Bad Credit Loan

Getting approved for a bad credit loan takes some patience – indeed! You have to get all your personal (financial) information lined up in an orderly fashion. This is no time to be taking half measures. Whatever lender you apply with does not matter – if you don’t have your financial data on hand, with [...]

Faxless Bad Credit Guaranteed No Check 24 Hour Payday Loan With Savings Account – Hmm..

A lot of people these days have been looking for a guaranteed 24 hour payday loan but I don’t have a checking account and only a savings account. The odds of finding this kind loan get slimmed down a great deal especially if you have a bad credit rating. The truth is that even if [...]

20K Loan Over a 3 Year Period – 13% Interest

Today we’re looking at  a personal loan of $20,000 over a three year period at a 13% interest rate. The payment frequency is biweekly (every 2nd week). Going biweekly for a loan like this is a smart way to go. This a cash loan that is secured but the borrowers have poor credit rating. Not [...]

500 Dollar Loans – Micro Loans

Getting a 500 dollar loan would categorized as a Micro Loan. Micro Loans are becoming more common now in the digital era, but there are only a handful of lenders who lend such a low amount. If you ever apply for a $500 loan online please comment below and leave the link to the lender’s [...]

10K Loans Over 10 Years

If you borrow 10K and pay it back as an installment loan for a period of ten years, you are looking at these numbers. We’ll use a typical car loan style interest rate at 7% and monthly payments. Principal Loan = 10000 Interest Rate (APR) = 7% Payment Frequency = monthly Number of Years = [...]

My RV Loan – The Dumbest Loan I Ever Got

By far the dumbest loan I ever got approved for was my RV loan – why? Because I bought a brand new motorhome and it depreciated instantly as I drove it off the lot. I bought it for $69,000 dollars and the RV is now worth about $35,000 if I’m lucky. Not all this, but [...]

What is an Unsecured Loan?

An unsecured loan is a loan whereby the borrower does not have any collateral of any kind on the note. There are also unsecured credit cards, which mean the creditor is entrusting the borrower to pay back all of the monies owed on the credit approved. An unsecured loan is always approved at a higher [...]