loans

In an ideal world we’d all have enough money so that we would never have to borrow money from anyone.

If you’re the sort of person who likes to eat, sleep and live, however – you’ll have noticed that this isn’t an ideal world, and life inevitably costs more than we earn.

So, (and you can probably see where I’m going with this) it occasionally becomes necessary to take out some sort of loan. In the interest of keeping costs down, it stands to reason that you would look for the cheapest loan.

Pump the brakes though, here’s why the cheapest loans aren’t necessarily the best or most appropriate loans for you.

Let’s talk about security

You need to think about whether your loan should be secured or unsecured. If you’re
unfamiliar with this terminology, here’s the basic difference:

Read moreWhy Loans Aren’t Always Good Loans

Today’s post is a guest post from Pound2Day.

There comes a point in many people’s lives where money is tight and funds are short. Bank accounts are tapped.  Credit cards, for whatever reason, aren’t an option, and there isn’t a good place to turn.  Often, and hopefully it’s a one-time thing, people find that they need short-term influxes of cash. Short Term Loans are one option of getting access to money fast when needed.  Here are some of the benefits and drawbacks of short-term loans so you can make a more informed decision about your monetary needs and if this is an option you want to consider.

Benefits

An applicant can get money fast, often within a single day’s notice. If money must be raised (and I emphasize the word must) quickly, this can get you that money fast.

Read moreBenefits and Drawbacks of Short-Term Loans