Yes, you would typically need some sort of regular income to qualify for a short-term loan. The eligibility requirements for a loan aren’t particularly tricky, you just need to show proof of identification, be over 18 years of age, have some sort of income and a bank account for the loan to be paid into. …
Bankruptcy is a legal process that lets individuals or businesses with overburdening debt to eliminate such debts and start over or, in some cases, work out deals with creditors to pay debts off manageably. Bankruptcy may make sense if you are unable to repay debts as you cover obligations such as retirement, food and shelter. …
Being a homeowner is a status that many young Americans aspire to and work towards. It is often why we save, and why we get up to go to work in the mornings. However, for those of you who are already homeowners, you will now be very much aware that the cost of buying a …
How Much Does It Cost To Run a Household In The US? Read More »
Businesses are being set-up constantly – it is estimated that 5.39 million new business applications were submitted in 2021, and this number is forecast to grow even higher by the end of 2022. However, no matter how great your business is or how great your product may be, it is essential that you have sufficient …
What Are The Best Types of Funding for a Business? Read More »
When you’re first starting a business, it can be a challenge to budget properly and as a result, you could end up spending more that you have to on certain things. The business failure rate in the U.S. within the first year is nearly 20% — 18.4%, to be exact — and so it is …
Starting a business can be an expensive thing to do, especially if it takes a little while before you start to make enough money to earn a living from it. There are always fees that need to be covered, from taxes to employee wages, advertising or marketing costs, and usually rental costs – either in …
Borrowing money from a trusted friend or relative can be a huge weight off your chest in certain difficult situations, and don’t feel embarrassed about doing so – people who borrow money come from all walks of life. However, before doing so, it is important to clarify a few details, as if things go wrong, …
No, APR isn’t always high for payday loans. Dime Alley works with a variety of lenders and typically, the stronger your credit score, the lower the rate will be on your loan! This is because people with stronger credit are perceived as more reliable to make their repayments on-time. The reason why the APR figure …
When you’re looking for a short-term personal loan to cover some unexpected expenses, or to tide you over with that extra little bit of cash until your next payday, the first thing to note is that there are plenty of options for you to choose from. As long as you’re a resident of one of …
Online Loans vs In-Store Loans – Which Are Better? Read More »
