The Types of Loans You Can Get Without a Credit Check

There’s only one reason you would be looking for a loan specifically without a credit check. That’s because your credit record isn’t great and you know any other loan provider would instantly reject you because of that silly score. Nevertheless, fear not because there are loans you can get without a credit check, or at least with a bad credit score, which is practically the same thing.

Small Personal Loans

These are the ultimate loans for those who need a loan fast without a credit check. The reason they don’t provide credit checks is because they don’t have time to. Decisions are made in well under 24 hours. Small personal loans typically come with high interest rates and you can’t borrow more than $5,000, in most cases but usually less than $1,000. You do have to be aware of how much you will have to pay back. Thankfully, there are plenty of online calculators to help you work out exactly how much you have to pay and in what period. Compare this with what you can afford and make a decision accordingly.

Credit Cards

A credit card is a type of loan because each time you insert your card into a reader you are borrowing a portion of money for a short time (usually until the end of the month). There aren’t any credit cards that don’t perform any credit checks at all, but there are cards for people with poor credit histories. What this translates to is you can receive one of these cards regardless of your actual score because they are designed for people with bad credit histories.

Guarantor Loans

A guarantor loan is touted on TV as something wild and revolutionary. Those who are a little older know that this was how loans used to be done before the invention of credit scores. The way it works is you take out a loan and get someone else to guarantee the loan. If you don’t pay that money back, your guarantor has to. The theory goes that you are not going to screw over a family member or friend. These are promoted so heavily because they are fundamentally against the idea of credit scores.

Can they Help Your Credit Scores?

Although we can tiptoe around using credit scores as much as we like, the reality is a high score is the only way to get the best of the best deals. Many of these loans will contribute towards your credit history, particularly when it comes to credit cards. The easiest way to rebuild your credit history is to take out loans in small amounts that you don’t really need and pay them off. For example, instead of paying cash pay with a card and immediately pay it off. This is a perfectly valid way of getting your score up.

It does take time to rebuild a credit history, but nobody’s score is lost forever. Even if you have experienced bankruptcy, you can go back and repair your credit score. It will take years to do it, but you will be thankful you went through the trouble to do it.

Fixed Rate Home Loans: Are They Right for You?

One of the major dilemmas of home loan borrowers is whether they should opt for fixed or adjustable rates. Finance gurus have already predicted that the minor economic discrepancies of 2015 are going to assume monstrous shape in 2016. So, there is the obvious fear of inflation looming large in the horizon. What will happen in case of inflation? Job loss? Pay cuts? What happens if the rates go up at the time of inflation? While the present economic crunch is one of the foremost reasons why a section of borrowers is apprehensive of opting for variable loans, the news …

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3 Things Every Business Owner Must Know About Cash Flow

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As a small business owner, you need to have an increased sense of priority when it comes to your cash income and expenses. You do not have the luxury of running your business like you do your personal accounts. At home, it is acceptable to check account balances and do a mental reconciliation, but a business’ finances are linked to its management and treating cash flow as an incidental side effect of income is a good way to limit the growth potential of your company.

Financial Statements Are Your Most Powerful Tool

Your financial statement is a living and breathing …

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Choosing The Best Forex Broker For CFD Online

Successful CFD trading depends on a good platform that is consistent and profitable in the long run. But many people don’t realise the importance of having a good Forex broker for the success of trading CFD online. The right broker will determine whether you are able to trade the system properly that includes your ability to trade the number of CFDs you need to trade, the order types that you need to place, keep the transaction costs as low as possible, and short a sufficient number of CFDs. Here are some of the most important factors to consider when you …

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Why you Should Avoid Binary Options Trading

There’s a new kid on the block in the world of online investments: binary options trading. It is not quite forex trading, not quite stock index trading, not quite commodities trading. However, it can incorporate all 3 at once. The style and system of binary options trading has caused many traders to be cautious about it. In fact, a number of investors say that binary options trading, of all online investment strategies, should definitely be avoided.

Overview: Binary Options Trading

Binary options integrates different kinds of trading. You can trade on forex, on stock indices, on commodities–whichever you like. However, …

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Top 5 Reasons to Move To Europe

In 2013 the Social Security Administration of the United States sent over 610,000 retirement benefits payments to Americans not living in the United States, which is more than twice the amount of payments being sent in 2002. Also last year, three times as many Americans gave up their citizenship (just over 3000) than in 2012.

So what exactly are the reasons for this increase in emigration to other countries, and Europe in general? Actually there are quite a few, and most of them are pretty good reasons. If you’re keen on heading overseas to live or possibly retire, we put …

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Tips for Protecting Your Property Investment

The rental market is strong, with many residents electing to rent instead of buy in today’s economy. This means great things for property investors, and choosing to rent out a home can be one of the most lucrative business decisions you make. However, with great reward comes great risk, so do what you can to protect your property investment by following these key guidelines.

  1. The Right Screening Tactic

There’s nothing scarier to a landlord than a terrible tenant, and this fear is based upon plenty of examples. Stories of awful lawsuits, violent renters, and damaging tenants are aplenty, so finding …

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Is “Black Friday” really the best day for Holiday Deals?

It’s become an American tradition (albeit one that many Americans abhor); shopping for ‘deals’ on Black Friday. What most consumers believe is that it’s the best day of the year to get deals from many of the nation’s top retailers, but some interesting statistics from DealNews recently have shown that, in fact, Black Friday is no longer the best day of the year for shoppers.

Looking at statistics from 2013, including from “Cyber Monday”, they found that the deals offered on Thanksgiving Day, when many retailers have started opening their doors early, are actually better than those on the …

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Ways PayPal Can Make you Save Money

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If you’re always running low on cash after spending over budget then try PayPal to see what you can do to curb your spending. From holding yourself accountable to saving money on fees this tool can reduce your spending hugely.

Companies can sometimes charge their customers for using credit cards and the exact amount can vary wildly. Sometimes it’s a flat fee and other times it’s a percentage of the total spend, either way it’s an unnecessary expense that can be cut out. You can still use the credit card that you want to, just do it through PayPal to …

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If you’re having trouble finishing your work, your office might be the culprit

Not surprisingly, your office or place of business is the one area where people expect you to get the most work done. Unfortunately, most offices today are crowded, noisy and so full of interruptions as to make them practically the worst place to try and get anything accomplished, especially work.

The average office worker, even at executive levels, is forced to juggle many different tasks and activities during the day, including competing assignments, emails, meetings, text messages, conference calls and on and on.

When you combine these various draws on an office worker’s time with the fact that most offices …

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