Payday Loans And Beyond Sat, 01 Oct 2022 17:50:16 +0000 en-US hourly 1 Payday Loans And Beyond 32 32 RBI raises repo rate by 50 basis points to 5.90%; home and auto loans to be impacted Fri, 30 Sep 2022 04:37:53 +0000

The Reserve Bank of India has raised the repo rate or prime rate by 50 basis points to 5.90%, RBI Governor Shaktikanta Das said while announcing the decisions of the Monetary Policy Committee (MPC) . The central bank has raised the repo rate four times since May to recently hit 5.90%. The recent repo rate revision was made to keep inflation levels within target.

MPC decided to increase the repo rate by a majority of five out of six. While announcing the repo rate hike, Das noted that the decision was not only driven by the urgency to control inflation levels, but also due to unfavorable action by global central banks, particularly those advanced countries.

Das pointed out, “The world has witnessed two major shocks: the COVID-19 pandemic and the conflict in Ukraine. We are now in the midst of a third major shock resulting from monetary tightening and aggressive communications from central banks in advanced countries. He further announced the RBI’s withdrawal from its dovish stance, adding that the economy remained resilient despite high inflation and fears of a global recession.

The revision comes as analysts expected a 50 basis point hike in the repo rate due to the global situation. IIFL Founder and President Nirmal Jain told Global Business Editor at Today’s television Udayan Mukherjee earlier this week that the short-term lending rate or repo rate could rise another 50bps as the RBI raised the repo rate by 140bps since May.

A recent business today poll showed that the majority of respondents expected the central bank to hike 50 basis points. Respondents on platforms such as Twitter (72.5%), LinkedIn (57%), YouTube (58%) and Instagram (29%) said a 50 bps upside was likely, while others expect it to increase by 25 to 35 bps. Few respondents had anticipated any increase.

With a rise in the repo rate, EMIs for home, auto and personal loans are also likely to increase. Home, auto, and personal loans will become more expensive as the cost of borrowing increases for banks, leading to higher lending rates.

Commenting on what people can do after the recent repo rate hike, Adhil Shetty, CEO of, told Business Today: “At a time like this, it is advisable to prepay in any form to control your interest outflows.You could reduce non-essential expenses to save money for prepayments.With prepayment, borrowers may feel the pinch in the short term, but they will be better off once that the interest rate cycle will be reversed.

Shetty added: “If you have taken a 7% home loan for 20 years, your interest per lakh is ₹86,071. Your EMI per lakh is ₹775. If your rate goes to 8.9% after 3 months , you had 237 EMIs left but now it could theoretically go to 410 months assuming the same EMI Assuming a larger EMI the term extension will be smaller But at 410 months your loan is 173 months or nearly 14.5 years longer At this point, if you have made an immediate loan prepayment 17 times your EMI, your maturity is reduced to 236 months Four prepayments of 4.5 times the EMI once every 12 months have about the same effect on reducing your due date.

Moreover, Indian markets opened on a vigilant note ahead of the announcement of the Monetary Policy Committee (MPC) decision by Shaktikanta Das. Sensex opened 0.28% lower at 56,251.19 while Nifty50 opened at 16,818.10. The Indian rupee, on the other hand, rose 14 paise to 81.59 against the US dollar in early trading.

Read also: RBI MPC meeting: Economists and analysts expect a rate hike of 50 bps

Also read: BREAKING: RBI lowers GDP growth projection to 7% for 2022-23

Also Read: RBI Monetary Policy: Rate-Sensitive Stocks Trade Lower in Early Trades

Also Read: Share Market News Today Live: Sensex Rises Over 200 Points, Nifty Recovers 16,850; bank, financial stocks climb after RBI rate hike

Why should you get a debt consolidation loan now Thu, 29 Sep 2022 20:45:28 +0000
Debt Consolidation Approved Form Shows Agreed Loan Approval - 3d illustration
Debt consolidation loans allow borrowers to combine their debts into one loan with a lower interest rate.

Getty Images/iStockphoto

No one likes to pay more than their fair share. Whether you have a mortgage, student loan, Personal loan or any type of insuranceit is important not to overpay.

For borrowers in debt, this is particularly important. If you end up with a high interest rate, it will be that much more difficult to pay what you owe and the outstanding balance can quickly become prohibitive.

Fortunately, consumers have debt consolidation loan options. Debt consolidation loans allow borrowers to combine their debts into one simple loan with a lower interest rate. The advantages of this unique financial option are multiple and significant.

If you think you could benefit from a debt consolidation loan, act now and start saving money.

Here are three reasons why you should get a debt consolidation loan now.

You want a lower interest rate

This is arguably the best reason to get a debt consolidation loan. By consolidating your debts into one loan with a lower interest rate, you can start saving money right away. But you will also save significant sums in the long run, as the loan will be adjusted into a more manageable sum.

This is especially useful for those with high interest credit cards. The average interest rate on a 24-month personal loan was 8.73%, according to recent data from the Federal Reserve. Compare that to the average credit card interest rate of 16.65% – almost double!

Check the rates you currently have. Then compare the rates to a debt consolidation loan. Getting started today is easy.

You want to improve your credit score

Your credit score affects so many aspects of your financial life. If you’ve put yourself in a hole with credit cards or other debt, you’ve probably damaged your score, making it harder to get better rates in the future.

A debt consolidation loan helps solve this problem by bringing all your debts together under one roof. After a series of one-time payments on the loan (and assuming you don’t accumulate debt elsewhere), you will begin to improve your credit.

Lenders like to see regular, on-time payments. You may be doing this now with one or two of your debts, but are you doing this with all of them? However, if you combine them into one debt consolidation loan, you will be able to make payments more easily and boost your score In the process.

You want an end date

One of the most frustrating things about being in debt is that you feel like you’ll never get out of it. This is especially true for credit cards where there is no real time limit (except for making a minimum payment). Borrowers can get themselves under water by paying only their minimum monthly card debt – all while the high interest on their cards adds up.

With a debt consolidation loan, however, there is a fixed repayment date so the borrower knows exactly when they can stop paying. So even if the debt you have consolidated is significant, you will at least know when it will be eliminated.

Get a free consultation and see if a debt consolidation loan is right for you.

Other Debt Relief Alternatives

If you are currently in debt, there are options other than debt consolidation loans to consider.

Credit cards with balance transfer work the same way and can also help you save money. Refinancing by collection (and mortgage refinance in general) may also be beneficial. Older homeowners can also get money to pay off their debts with a reverse mortgage.

Do you have other questions about debt consolidation loans? Want to explore all of your debt relief alternatives? Speak with an expert now who can help you.

]]> How to save $50,000 on your mortgage, credit card and car by boosting your credit score — and winning the battle against inflation Thu, 29 Sep 2022 13:15:00 +0000 Here’s a potential hedge against inflation to save money in times of rising costs and interest rates: a rising credit rating.

People with “very good” credit scores could avoid almost $50,000 in additional borrowing costs for mortgages, credit cards, car loans and personal loans than people with “acceptable” credit scores. should pay.

The nearly $50,000 is an estimate of incremental costs paid over the lifetime of deals like a 30-year mortgage, a five-year car loan and a three-year personal loan. On a monthly basis, consumers with the highest score range could keep $252 — not a pittance, especially now.

It depends a new analysis of LendingTree after comparing the offers that lenders offered to users in these two credit score ranges during the second quarter.

Credit scores can range from 300 to 850. A “very good” score ranges from 740 to 799, while a “fair” score ranges from 580 to 669. Americans had an average score of 716 in April, unchanged from a year ago, according to FICO FICO,

A “fair” credit consumer making minimum payments might pay nearly $18,700 on a balance of $6,600, while a “very good” credit consumer might pay around $15,000 on the same balance.

A “fair” credit consumer making minimum payments might pay close to $18,700 on a balance of $6,600, while a “very good” credit consumer might pay around $15,000 on the same balance.

A $28,000 car loan could cost a consumer with “fair” credit on a “very good” score an additional $2,500, according to data from LendingTree.

Meanwhile, a $315,000 mortgage – at an interest rate of over 5% – could cost a “fair” credit consumer over $40,000 more than a mortgage holder with a “very good” credit rating. (Of course, a mortgage above 5% seems like a distant hope with mortgage rates now approaching 7%).

Credit scores have long been an important number for consumers because of how they factor into lenders’ decisions about rates and terms. But household borrowing costs are now front and center, and rumors of a possible recession will keep household finances on their minds.

Credit scores have long been an important number for consumers because of how they factor into lenders’ decisions about rates and terms, especially with rising rates and the rumblings of recession.

Prices have risen at high rates in four decades, most recently seen in an August inflation report showing an 8.5% year-on-year increase, despite falling prices from gasoline.

Interest rates also climbed, propelled directly and indirectly by the Federal Reserve’s continued rate hikes aimed at calming inflation. Last week, the central bank added another 75 basis point increase and Federal Reserve Chairman Jerome Powell announced that more would follow “until the job is done.”

“It’s much more expensive to borrow today than it was six months ago, and it’s likely to only get more expensive in the near future,” said Matt Schulz, chief credit analyst at LendingTree. .

The average annual interest rate on new credit card offers is currently 21.59% in September, down from 21.4% in August, according to LendingTree estimates.

Three-month trends from show the same dynamic, with credit card offers averaging 18.38% APR, down from 18.16%. You’ll need to go back to January 1996 for a comparable APR of 18.12%, Bankrate experts said.

How to improve a score, when will it happen?

LendingTree’s estimated price differences highlight “how important your credit scores continue to be even in the face of rising inflation and aggressive rate hikes,” the consumer credit expert said. John Ulzheimer.

“In fact, the most important factor in determining the cost of credit is still the quality of your credit, as measured by your credit scores,” said Ulzheimer, who previously worked at Equifax and FICO.

Is there room for improvement with your credit score? And, if so, when should you expect it to rise?

Check your reports for any errors. In fact, the three major credit reporting companies, Equifax EFX,
and TransUnion TRU,
last week they announced that they would be extend free weekly credit reports until 2023.

It is also important to make payments in a timely manner. Payment history is an important part of a credit score, and one missed payment could drop your score by 90 to 110 points, LendingTree said.

There are many ways to reduce a score, Ulzheimer said, and that means there are plenty of ways to build it, too. “But, generally speaking, if you stop missing payments and limit the amount of your credit card debt — then lather, rinse, repeat — you’ll end up with good and then great scores.”

Now for the bad news: There’s no fixed timeline for how quickly credit scores improve, Ulzheimer noted.

It could take a month — or it could take a few years, he said. It depends on whether you’re trying to get debts, like a credit card balance, on your report or just waiting for derogatory information to get off the report, he said. Or maybe consumers are facing a combination of both issues, he said.

Suppose a score gets bogged down due to credit card debt, but the borrower writes a check to extinguish the debt. In this case, a score can improve in 30 days, he said.

But if the score is flawed? Ulzheimer said, “You’ll be waiting up to seven years for your scores to fully recover.”

Don’t miss:

Fannie Mae is launching a pilot program to include on-time rent payments in credit reports. Here’s why it could be a game-changer for tenants.

The best cash advance credit cards in 2023 Mon, 26 Sep 2022 13:11:39 +0000

PHILADELPHIA CREAMWhen it comes to finding the best cash advance credit card; there are many factors to consider. Fortunately, there are easy ways to find the right card for your needs. You can use a website like GOBankingRates to compare credit card sign-up rates, fees, and bonuses.

Wells Fargo Active Cash(r) Card

The Wells Fargo Active Cash(r) card offers excellent rewards and a solid portfolio of Visa benefits. In addition to cash back, the card provides protection for your cell phone up to $600 per claim. It also has a low deductible of $25. The only downside is that the rewards program isn’t as robust as some other 2% cash rewards cards.

The Wells Fargo Active Cash(r) Card offers an introductory APR of 0% on purchases for the first 15 months. Intro APR is also available for balance transfers. However, you must complete balance transfers within 120 days of receiving the card. Otherwise, you will have to pay a balance transfer fee.

Other benefits include cell phone insurance and two-step verification. You can make up to two claims per year for a maximum of $600 each. You can also use the map’s concierge service for personal assistance. This service is available 24 hours a day, seven days a week. Also, if you lose your credit card, the concierge service will send you a replacement card within 24 hours.

Citi Double Cash

The Citi Double Cash Advance credit card offers many benefits and no annual fee. It also has a 0% introductory APR on balance transfers. This card also offers $0 fraud liability and 24-hour fraud protection. However, there are some things you should keep in mind. If you plan to use this card to make purchases, you need to make sure you can make your payments on time.

The Citi Double Cash Card credit limit is undefined and varies based on your personal credit score. It is usually $500 or less. You will know your limit when you receive your card. You’ll have the option to increase your limit after 12 months, but you’ll need to make a minimum of $25 in purchases and payments to redeem the full amount.

The Citi Double Cash Card is a good choice for consumers with fair or good credit. Its no annual fee structure and flexible balance transfer offer make it an ideal second card. You can also use this card to transfer high-interest balances to it. In addition to its rewards, it is a reliable and stable credit card.

Capital One Venture Rewards Card

You may want to consider the Capital One Venture Rewards credit card if you are looking for a card with high refund rates. It offers cash back on purchases across multiple categories, including dining, shopping, and entertainment. On top of that, you can use your card to earn points on flights and hotel stays.

In addition to rewards points, the Capital One Venture Rewards card offers several other benefits. The card grants users access to the Capital One lounge at select airports, which will include regionally curated take-out food stations, restaurants with bartenders, and dedicated exercise and relaxation areas. The card is a good choice if you travel frequently or want to enjoy your travels in style.

The Capital One Venture card offers 75,000 miles that you can convert to cash or use as a travel voucher. These miles can be transferred to various airline and hotel transfer partners. For example, you can use your Capital One Venture miles to book a room at a Wyndham hotel or rent a car with Vacasa.

Favorite Citi Diamond

Among the best cash advance credit cards, the Citi Diamond Preferred has many positive features, including its long introductory APR period, typically 12 to 15 months. However, its variable APR after the introductory period is high. The credit card offers lower transfer fees and rewards for purchases, but it’s important to remember that you need to have good or excellent credit to get this card.

This card comes with a welcome bonus of $150 after a purchase of $500. Although this bonus is modest, it is in line with other cash back credit cards. Additionally, this card offers a long 0% APR intro period, which is useful for balance transfers.

The 0% APR offer is ideal for transferring existing balances to the card and consolidating high-interest debt. It also offers a generous 18-month balance transfer period. The card is designed for those with interest aversion. Other benefits of this card include Easy Deals and Citi Entertainment programs.

Best Loans No Credit Check: Top 10 Online Bad Credit Loans With Guaranteed Approval – 2022 Wed, 21 Sep 2022 14:34:40 +0000

For a long time, getting financing with bad credit has been difficult. Even in these difficult economic times, traditional lenders prevent you from obtaining a loan if you do not have a good credit score. Luckily, no credit check loan has come to close that gap and ensure you get fast financing.

Loans without credit checks offer lenders the opportunity to obtain financing to meet their urgent needs when in urgent need of money. Since there are so many loan options, the borrowed money can be used for a variety of purposes including paying for medical emergencies, car repairs, home repairs, and more.

Here is a look at the top 10 online loans for bad credit with high approval rates.

Problematic loans in the United States

American loans for bad credit also meet the financial needs of people with bad credit. The maximum loan amount you can get here is $35,000. US Bad Credit Loans is an online broker that does not charge you any hidden fees for its services.

It connects you to a group of lenders where you can get payday loans, personal loans, and title loans without a credit check. It doesn’t matter which loan you choose; only preliminary checks will be carried out on your account. This means that your credit score is not affected.

Like any most trusted lending platform, US Bad Credit Loans offers a simple lending process. After submitting all the required details via their secure online platform, the lenders send you a few offers to compare. Next, you will need to sign an agreement agreeing to the terms and conditions of the loan. It’s that easy to get financing from USA Bad Credit Loans.

Sign up with USA Loans for Bad Credit today and get No Credit Check Loans for Bad Credit today!



WeLoans partners with a wide range of lenders to make sure people with bad credit can get financing. It operates as an online broker, which means it does not offer loans. Instead, it bridges the gap between borrowers and lenders, making it easier for people to access fast loans, even with bad credit.

Lenders do not perform hard pulls. Instead, no credit check lender considers other factors when approving your loan. Only general checks are carried out to assess your ability to repay the loan. The loan process is simple and can be completed in minutes. It’s all done online, so no paperwork is involved when submitting your details for verification.

With WeLoans, you can take out different types of loans, including title loans, payday loans, and personal installment loans. Lenders often do their best to ensure that the money is credited to your account within 24 hours.

Get started with WeLoans today and get your funds in minutes with no credit check!



CocoLoan is another great platform where you can easily access quick cash. You cannot get any credit check loans since lenders only do soft checks. So, while credit checks are being done, you can be sure that your credit score will not be affected. CocoLoan makes it even easier to find reliable lenders you can trust to provide loans with almost instant approvals.

As long as you meet the basic requirements, you have a high chance of getting your loan approved without a credit check. You also have the freedom to choose a lender you want to work with based on your assessment criteria.

For example, you can select a lender with competitive rates and reasonable loan terms. CocoLoan allows you to obtain a loan from reputable lenders with a proven track record in the industry.

Are you looking for loans without credit check with fast approval? CocoLoan is just convenient!


Doesn’t the credit check loan really exist?

Loans without credit checks mean that lenders will only perform informal checks that do not look into your credit history. Instead, other factors are used to determine your eligibility, such as your current income and bank account information. So don’t fall for lenders who claim they won’t do any credit checks. A credit check is a legal requirement.

Is It Right For Me To Borrow Loans No Credit Check?

You can still borrow no credit check loans if you are facing a financial situation that requires quick funding. However, it should be noted that these loans usually have high interest rates. You may find it difficult to repay the loan in the long term. In other words, these loans should be your last resort to cover any urgent financial need.

What are the pros and cons of no credit check loans?

Loans without a credit check offer you the convenience of obtaining financing quickly. You can also use these loans to build your credit score by making payments on time. Nevertheless, one of the main concerns with these loans is that they are quite expensive. They have high interest rates which makes them very expensive.

How to qualify for a loan without credit check?

Lenders will not have strict requirements when you do not want a credit check loan. The standard requirements you must meet are that you must:

  • To be of age
  • Have a valid checking account
  • Have an ID
  • Be salaried with a stable monthly income
  • Have a valid email address


Essentially, no credit check loans are there to provide financial relief to people with limited financing options due to their poor credit rating. No credit check is an option if you have bad credit and want funds fast. However, you should know that they are quite expensive in the long run. So, you should consider other alternatives before opting for these loans.

4 reasons to take out a personal loan for debt consolidation Wed, 21 Sep 2022 12:56:13 +0000

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own.

If you’re juggling high-interest credit card debt, taking out a debt consolidation loan to pay off those balances offers 4 major benefits. (Shutterstock)

You can consolidate high interest credit card debt many ways, including home equity products (if you own a home), balance transfer credit cards, and personal loans.

Here are four reasons why you might want to consider a debt consolidation loan to settle your high-interest debts.

If you want to consolidate your debt, Credible makes it easy to view your prequalified personal loan rates from various lenders, all in one place.

What is debt consolidation?

Before we dive into why a debt consolidation loan makes sense, let’s define what it is. Debt consolidation consolidates multiple debts into one account with one easy-to-manage payment. It’s a strategy you can use to simplify the debt repayment process and potentially save money on interest. If you are overwhelmed with debt, debt consolidation can be a smart move.

Although you can consolidate your debts in several ways, the personal debt consolidation loan is one of the most popular. With a debt consolidation loan, you take out a new loan to repay one or more unsecured debts that you already have. It gives you a manageable monthly payment so you don’t have to worry about juggling multiple debts, interest rates, and payment due dates.

It’s important to understand that while a debt consolidation loan can treat the symptoms of your financial problems, it won’t treat the root cause. Think of it as a tool to give yourself some breathing room so you can get back on your feet and devise a long-term plan for a better financial future.


1. Reduce the overall cost of your debt

A Personal loan can help you reduce the cost of your debt in two ways. If you’re able to lock in a lower interest rate than you currently have on all of your debt, you can save hundreds or even thousands of dollars in interest.

Plus, a personal loan gives you a specific end date for paying off your debt. It can help you stay focused on your goals and pay off your debt faster.

Visit Credible for compare personal loan rates from various lenders, without affecting your credit.

2. Refinance your debt without risking your home or other assets

Although home equity products – such as home equity loans and home equity lines of credit (HELOCs) – may come with lower interest rates than personal loans, they have some disadvantages you should consider:

  • Deplete your home equity — Because a home equity loan relies on the value you have built up in your home, you can find yourself underwater on your mortgage and owing more than your property is worth if the value of your home decrease. This could be a serious problem if you are planning to move soon.
  • Put your home at risk — A home equity loan puts your home as collateral. If you fail to make your payments, you could lose your home through the foreclosure process.
  • May not qualify — Most lenders will not give you home equity loan or HELOC unless you have some equity in your home. Your equity is the difference between what you owe on your mortgage and the current value of your home. Although each lender has their own criteria, most will be looking for at least 15% equity.

A debt consolidation loan, on the other hand, requires no collateral, which means you won’t have to put your house, car or other assets on the line. You can also lock in an interest rate below the one you could get with a credit card.

Your rate will likely be fixed instead of variable (as it would be with many HELOCs), so you can budget your payments in advance. And if you have good or excellent creditit may be easier to qualify for a debt consolidation loan than a home equity product.

3. Reduce your monthly payments

If you have a lot of high-interest credit card debt and take out a personal loan with a lower interest rate, you may be able to lower your monthly payment amount. This can free up your cash flow and give you more money to spend on your emergency fund and other financial goals, such as saving for a home or for retirement.

Choosing a personal loan with a longer term can also result in lower monthly payments. But keep in mind that if you go this route, you will pay more interest over time.

4. Simplify your debt

When juggling multiple loans and credit cards, it’s easy to miss a bill payment. Missing a single payment can impact your credit.

A debt consolidation loan allows you to combine several monthly payments into a single loan with a fixed interest rate. It can make the debt refund much more manageable process and reduce your risk of missed payments. Many personal lenders also offer discounts for setting up automatic payments, which will ensure that your monthly loan payments are made on time.

If you’re ready to apply for a debt consolidation loan, Credible makes it quick and easy compare personal loan ratess to find the one that best suits your needs.

ClearOne Advantage Review: Ranked #1 for Debt Consolidation at Crixeo Wed, 21 Sep 2022 01:36:09 +0000

What is the ClearOne Advantage?

ClearOne Advantage is a Maryland-based debt relief company that has been in business since 2007. It is accredited by the Better Business Bureau, is A+ rated, and offers personalized debt settlement services.

If you are struggling with debt, ClearOne Advantage can help. They are a leading debt relief company and since 2008 have helped thousands of customers settle their credit card bills and other unsecured debts. They don’t charge any upfront fees. ClearOne Advantage works with you to create a personalized debt relief plan that fits your budget. Their Certified Debt Specialists will negotiate lower final payment amounts with your creditors, so you can pay off a reasonable portion of your bills – to an acceptable level.

Debt resolution — sometimes called debt settlement or debt consolidation — isn’t for everyone, but those who stick with the program typically pay off their listed debts within three to four years. The lower monthly payments of ClearOne’s plans often leave customers with more money to spend when needed.

ClearOne Advantage review: Ranked #1 for debt consolidation at Crixeo 1

How does ClearOne Advantage work?

If you are struggling with debt, ClearOne Advantage may be able to help. The company works with creditors on your behalf to try to reach a settlement agreement. This can make it easier to pay off what you owe and can often save you money in the long run.

There is no upfront cost to use ClearOne Advantage services. ClearOne Advantage requires you to have a minimum debt of $10,000 before working with you. Settlements typically take 24 to 60 months.

How to start?

If you’re looking to get your debt under control, ClearOne Advantage can help. By following a few simple steps on their website, you can view an estimated debt plan designed specifically for you. To get started, visit the ClearOne Advantage website and choose the “Start Now” option. Next, select the amount of unsecured debt you have. After entering your zip code and email address, you will be prompted to enter your full name and phone number.

After providing your information, ClearOne Advantage will review your credit report and current debts to give you an estimate of the term and monthly payment. A customer service representative will then contact you by phone to discuss your debt and provide you with a quote for a settlement plan. The process usually takes less than 20 minutes.

What happens after you register?

ClearOne Advantage understands that opening an account and beginning a debt settlement can be a daunting process. That’s why they guide you every step of the way. Here’s what you can expect:

As soon as you sign up for ClearOne Advantage, they recommend that you stop using your credit cards and avoid opening new accounts. This will help you focus on paying off your debt. You will need to make regular deposits to a designated bank account. If you miss a payment, allow ClearOne Advantage to successfully settle your debts.

How much can you save with ClearOne Advantage?

If you’re struggling with debt, ClearOne Advantage could help you get back on track. They claim that their clients save an average of 50% on their debts before fees. Your savings would depend on the amount of your debt and the willingness of your creditors to negotiate. If you are considering using their services, be sure to do your research first so you can make the best decision based on your financial situation.

Is ClearOne Advantage legit?

Yes, ClearOne Advantage is a legitimate debt settlement company. He is accredited by the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA). Its privacy policy outlines the information it collects and shares with its affiliates, and its website is encrypted to ensure the security of your information.

What are the pros and cons of using ClearOne Advantage?


  • Highly rated by customers
  • A+ rating with Better Business Bureau
  • Get rid of harassing debt collectors
  • BBB accredited company
  • Accredited by AFCC and IADPA

The inconvenients

  • You can only settle unsecured loans
  • Not available in all 50 states

Clearone Advantage Debt Relief Review

Editorial Review of ClearOne Advantage

If you are struggling with debt, ClearOne Advantage can help. They are a leading debt relief company and since 2008 have helped thousands of customers settle their credit card bills and other unsecured debts. They don’t charge any upfront fees. ClearOne Advantage works with you to create a personalized debt relief plan that fits your budget. Their Certified Debt Specialists will negotiate lower final payment amounts with your creditors, so you can pay off a reasonable portion of your bills – to an acceptable level.

]]> Using Same Day Installment Loans Online From Direct Lenders Mon, 19 Sep 2022 21:19:49 +0000

If you are looking for money, it means you are having some kind of difficulty. Have you ever considered taking out same day installment loans from online direct lenders? It can be a reasonable solution to the critical financial situation.

You can refer to a direct lender or you can refer to the network of lenders. The second option saves you tedious research. On, you can access the best loan offers on the market.

These days, it’s easier than ever to get a loan. You just need to act with caution. And you should have as much information about the product as possible.

How do installment loans work?

With same day installment loans from online direct lenders, you can solve your financial problem for a while. This type of loan is issued for a longer period of time, while the repayment can be made in installments over a certain period of time. Unlike payday loans, you don’t have to repay the entire loan all at once.

Same day installment loans from online direct lenders can be issued in different amounts of money. This depends on lender policy and state law, as there may be certain restrictions and limitations. An average installment loan can reach $20,000. Interest rates ranging from 6% to 36% further increase the final debt of the loan.

Installment loans are usually unsecured, which means they don’t need collateral like a car or a house. Instead, the lender uses your credit and financial data to decide if you qualify for a loan.

Get an installment loan online with bad credit

Regardless of your credit history, you can get same day installment loans from direct lenders online If your credit score is bad, you still have a chance of getting loan approval. As mentioned above, there are many aspects that lenders may consider when deciding your application – loan size, repayment period, and monthly income. The basic qualifications are that you must be at least the minimum legal age to contract in your state, have an active bank account, provide an active email address, and be a citizen of the United States.

As long as you can prove your ability to make the full repayment on time, you won’t have to go through a credit check. A “soft” credit check will however be carried out. Fortunately, this does not affect your credit score.

Get the fast financial help you need

Since you can get a loan online with quick approval, you don’t have to wait for your money to arrive in your bank account. If you need money right now, just fill out an online application. The whole process has been digitized.

With an online loan, you can get the financial help you need in no time. When you work with network direct lenders like InstantCashAdvance, you borrow your money instantly. This type of loan service allows you to make your loan decision the same day!

What to do if you can’t repay your installment loan

Life can be tough from time to time. By getting same day online installment loans from direct lenders, you take responsibility for paying back. In fact, you sign the loan agreement to finalize the deal. Before doing so, you should read the terms and conditions.

The main thing lenders are interested in is some type of commitment on your part. Your lender wants to work with you to repay. Proactively working with your lender can minimize message severity and improve flexibility.

If you are unable to cover your debt, the lender may assign you to a collection agency. The main objective is to get you to repay your loan. If there are guarantees attached to the loan, you will have to say “Goodbye”. The lender will most likely contact you to repossess the collateral as stated in the agreement. Remember state law. Depending on your state of residence, you and the lender will have different laws to follow.

The impact of not repaying your installment loan can be bad to very bad. Your credit rating will be affected. You may have to pay additional fees and interest rates. It will be more difficult for you to take out loans in the future. Make sure you know your rights and the laws in your state. Do not borrow money if you are not sure of your financial capabilities!

Industry Leading Online Bad Credit Loans: Bad Credit Loans Approved Within 24 Hours Mon, 19 Sep 2022 07:36:00 +0000

Personal loans are an easy solution if you need a large amount of money for your medical bills, student loan, car repairs, or vacation. Nevertheless, a bad credit history can be a barrier to accessing most traditional loans.

Typically, companies consider a good credit history as a primary variable in determining an individual’s eligibility for a loan. However, there is loan companies who provide unsecured loans to customers with bad credit scores.

Loans for bad credit allow quick access to cash as they can provide a large amount ranging from $500 to $50,000. Moreover, the approval time can be as short as 24 hours.

Best Loans for Bad Credit Guaranteed Approval

1. MoneyMutual – Guaranteed approval of best loans for bad credit and loans without credit check

2. Loans for bad credit – Best personal loans for people with bad credit

#1. MoneyMutual: Best Bad Credit Loans & No Credit Check Loans Guaranteed Approval

MoneyMutual is one of the leading brands in the lending community. Although it is difficult to obtain a loan at reasonable rates with a bad credit history, MoneyMutual is one of the companies that sees it as its duty to help alleviate the financial difficulties of its customers.

Founded in 2010, the company has over a decade of experience and has earned its place in the market. MoneyMutual provides a common ground where borrowers connect with loan providers. However, the platform does not provide loans directly.

The brand has more than 80 lenders in its network, which increases the applicant’s chances of finding a suitable lender at a reasonable interest rate.

Strong points

Easy application process: Unlike the application process of various other lending platforms, MoneyMutual has a considerably simple procedure. Candidates can apply by filling in the personal data available on the company’s website. Range of loan products: MoneyMutual offers its applicants a loan to help them with various financial needs. It offers cash advance loans, payday loans, and bad credit loans.


  • A large network of lenders

  • Allows applicants to borrow from $200 to $5,000

  • Flexible credit history check

  • The application form is easy to understand

  • 24 hour approval

  • Loans for bad credit are available

The inconvenients

#2. Bad Credit Loans: Best Personal Loans For People With Bad Credit

Bad Credit Loans is one of the most trusted loan platforms that offer help to people in financial difficulty. Unlike typical lending platforms, Bad Credit Loans extends its services to people with bad credit.

Additionally, the brand uses its online presence to educate its customers on the ins and outs of the lending industry. The Bad Credit Loans website offers informative content, primarily to raise awareness of scams and how to avoid them.

Strong points

Info website: Bad Credit Loans aims to keep its clients up to date with the basic details of the lending industry. Additionally, the company keeps its applicants informed about loan fees, while other companies do not reveal hidden fees to their customers.


The inconvenients

How we made the list of bad loans online

Finding a bad loan to meet your financial needs can be difficult. Usually, it is difficult to determine the credibility of a lending platform and find companies with reasonable interest rates and APR, a simple application process and a flexible repayment plan.

In this article, we have selected the best bad loans by weighting them according to specific parameters.

What we were looking for

Brand creditworthiness: The brands on this list have provided financial assistance to over a million customers. Moreover, the brands have many loyal customers due to their outstanding services. Moreover, the brand deals with verified loan providers to maintain its credibility.

Extensive network of lenders: The companies on this list have a network of independent third-party loan providers. Thus, the approval of the loan is considerably quick. Not to mention that they offer various loan products like payday loans, personal loans, bad credit loans, etc.

Company reputation: Brands hold a big place in the community because of their outstanding customer service. Hence, it adds to the reliability of the brand, making it the best bad credit lending platform.


Q1. Are bad loans good for short term loans?

Bad credit loans are the best option for a short term loan considering their instant services to connect borrowers with lenders and provide liquidity to meet their needs.

Q2. Do I have to personally submit the application form to all lenders in the network?

Once you submit the application form, the brand forwards the form to all its lenders. This saves applicants from having to provide their contact information to each lender themselves.


A bad credit rating can limit your ability to access many loans. However, this does not turn off all your options. On the other hand, various online lenders offer bad credit loans on decent terms.

Nevertheless, it is essential for you to weigh the pros and cons of all your available options and make the best choice by choosing the most affordable loan that can meet your needs.

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Debt Consolidation Loan vs Balance Transfer: Which is Right for You? Wed, 14 Sep 2022 16:03:59 +0000

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own.

A debt consolidation loan and balance transfer can help you consolidate high-interest debt. Learn how they compare. (Shutterstock)

Debt consolidation consolidates several debts into a single account. It can help you save money, lower your monthly payments, and streamline your payment process. Although you can consolidate your debt in several ways, debt consolidation loans and balance transfers are the most common.

Here’s what you need to know about each of them in order to determine the ideal debt consolidation strategy for your particular situation.

If you need a loan to consolidate high-interest debt, Credible lets you view your prequalified personal loan rates from various lenders, all in one place.

Debt Consolidation Loan vs Balance Transfer: What’s the Difference?

Debt consolidation loans and balance transfer credit cards are credit products you can use to consolidate other, higher-interest debt. Here’s an overview of how each works.

What is a debt consolidation loan?

A debt consolidation loan is a type of unsecured personal loan. If you subscribe to one, you will receive a lump sum upfront. Then you will repay what you borrow in fixed monthly payments over a set period of time. Although loan amounts vary, they can range from $1,000 to $100,000.

If you have different types of debt that can take years to pay off, a debt consolidation loan is worth considering.


What is a balance transfer credit card?

Balance transfer credit cards allow you to transfer balances from your current maps to a new card, usually with a 0% APR introductory period of six to 18 months. If you pay off all your debts before the end of this introductory period, you can save a lot on interest. But keep in mind that once the period is over, you’ll start earning interest on the remaining balance on the card, and credit cards can have high interest rates.

If you have a lot of high interest credit card debt and you can pay it off during the introductory period, a balance transfer credit card might make sense.

Advantages and disadvantages of a debt consolidation loan

Before choosing a debt consolidation loan, consider these pros and cons:


Visit Credible for compare personal loan rates from various lenders, without affecting your credit score.

The inconvenients

  • If you don’t have the best credit, you may find it difficult to get an interest rate lower than what you are currently paying.
  • Some lenders charge origination fees, prepayment penalties, and other fees when you take out a debt consolidation loan.
  • There is no 0% APR introductory period like some credit card offers.
  • If you don’t make your payments on time, every time, your credit can take a hit.


Advantages and disadvantages of a balance transfer

Here are some pros and cons to think about before deciding on a balance transfer:


  • You can benefit from a 0% APR introductory period, which can save you hundreds or even thousands of dollars in interest.
  • Some cards offer rewards, such as cash back and travel points.
  • Opening a new card can lower your credit utilization ratio (the amount of credit you use compared to the amount of available credit you have) and, therefore, improve your credit score.

The inconvenients

  • If you don’t pay off your debt before the end of the 0% APR period, you could face high interest charges.
  • Some cards charge a balance transfer fee of 3% to 5% of the amount you transfer.
  • You may not qualify for a balance transfer credit card unless you have good credit.

What to consider when consolidating debt

When comparing a debt consolidation loan and a balance transfer, consider the following factors:

Where to get a debt consolidation loan

You can get a debt consolidation loan from a bank, credit union, or online lender. While banks and credit unions tend to offer competitive rates, they generally have stricter requirements than online lenders. Also, you must join a credit union before taking out a loan from it.

If your credit score is preventing you from getting approved for a debt consolidation loan, you may want to apply with a co-signer who has good credit or take the time to improve your credit before to make your request.

If you’re ready to apply for a debt consolidation loan, Credible makes it quick and easy compare personal loan rates to find the one that suits your needs.

Where to get a balance transfer card

Many banks and credit card companies offer balance transfer credit cards. If you’re having trouble qualifying, check your credit reports and dispute any errors. Also focus on making your payments on time and do your best to pay off some of your credit card debt to improve your credit utilization.