The debt to income ratio (sometimes referred to as DTI) is an important number to lenders. Some people claim it’s as important as your credit score in determining whether your application for a home loan or credit is accepted or not. Your debt to income ratio shows your ability to repay the debts you’ve incurred … Read more
Middle-market companies were in a pickle after the financial crisis of 2008-2009. As a result of the post-crisis regulatory restrictions, the banks were reluctant or unable to provide flexible loan conditions that would allow them to support expanding operations and overcome economic stagnation. As an alternative to direct lenders, private debt investing was an intriguing … Read more
On the odds that you have an overdue student loan on you or years of high credit card balances that need to be paid then probably you may have unsatisfactory or below-average credit. With that being said, a person with poor credit won’t be able to get himself approved for a new credit product for … Read more
Credit cards are indeed a very convenient innovation and an easy way to earn points and miles. But, if you are not careful, you could be spending more than you could afford and end up with a big balance that will be difficult to pay back. However, it gets easy for you to pay off … Read more
People argue to this day whether that every debt is not good debt. Lending money from someone or taking can also solve major problems like purchasing a house or a luxury car. It is the only way that most people can afford to purchase. Now and then we take debt all every time in the … Read more
You might be wondering what is the general difference between Credit Card Refinancing from Debt Consolidation. Here we are going to share all exclusive and required details with you. One needs to understand and keep in mind that debt consolidation targets to turn and transform a large number of debts all into a single debt. … Read more
Online loaning companies are starting to become more common and more trustworthy as security becomes better and people become wiser to potential scams. Today, we’ll investigate EncoreLoan and find out how they work, what types of loans they provide, and whether they’ll be right for you. Let’s get started. What is EncoreLoan? EncoreLoan is a … Read more
Can’t catch a break? Drowning in bills you can’t pay? Need to fix your car so you can get to work? According to TransUnion, 27 million Americans have taken out personal loans to pay for unexpected expenses, consolidate debt, or pay for home repairs. If you don’t have a credit card, can’t get a cash … Read more
When I first started to tackle the mountain of debt that I had amassed, I did what I considered the practical thing to do. I prioritized the different debts by their interest rate. By paying off the high-interest debt first, I was going to avoid hundreds of dollars in interest over time. Makes sense right? … Read more