March 2022

If you’re a strategic thinker who loves problem solving and maths, an actuary could be the right career for you.  Actuaries use their skills in mathematics and strategizing to help them measure risk, and the probability of risk, for future events. It can be a rewarding career, used to predict the financial impact of potential […]

Payday lenders can take money from your bank account to repay your debts or outstanding amount – this process is known as ACH authorization, which allows lenders to take automatic repayments and it is a pretty standard practice so that you do not have to manually make a payment yourself. This may not suit everyone

It can be disheartening if your loan is declined. It could cause something of a crisis if your loan was to be spent on an emergency bill or payment. However, the first thing to do in this scenario is to keep calm and gain an understanding as to why your loan may have been declined

Whilst ordinary credit checks may usually appear on your credit report, they are unlikely to affect your credit score. A soft credit search, on the other hand, is one that is not visible to third parties on your credit report. Not all credit searches by lenders or third parties leave a visible ‘footprint’ on your

Multiple US banks are taking a stand with consumers and are amending their overdraft policies to scrap, and sometimes reduce, overdraft fees. An overdraft occurs when a bank allows a customer to withdraw more cash than is in their account. The bank pays the difference as a form of credit.    The Average Overdraft Fee

Federal Student Loans Have Been Increasingly Popular In Recent Years   Federal student loans are a form of financial assistance to help college students pay for costs associated with higher education. The first US Government backed student loans were offered in 1958 under the National Defense Education Act.  The uptake in student loans has boomed

Ultimately, we all want to save money! Whether it’s to save for a rainy day, save to increase the size of your retirement fund, to save so your kids have more money growing up or to save for the big purchase such as a new car or even a house, everyone needs to save! You

A cash advance, in simple terms, is a short-term loan to help you cover your living costs. Cash advances are typically used when a customer is in need of money and can’t quite wait until their next payday. The term, cash advance, could also be referring to a short-term loan provided via your credit card

An installment loan is a type of loan where you borrow a set amount of money all at one time. You are then obligated to repay your loan over a fixed number of payments, which are known as installments. The term, “installment loan” is actually more of a general term which refers to the overwhelming

Getting a loan when you have bad credit or no credit history can be tough. Like most financial products, borrowers have to submit an application listing their income information and agree to a credit check before getting approved for a loan. Lenders prefer to work with customers who have a proven track record of paying