Did you know that you can use Excel to calculate your loan repayments? This article will guide you through all the steps needed to do this. With Excel you can better understand your mortgage in three simple steps. The first step is to determine the monthly payment. The second is to discover the interest, and the third is to find…
Companies that offer zero rate loans present them as propositions in which the borrower cannot lose. An important purchase that could otherwise cost a large cash expense can be spread 12 or 24 months free of charge, creating a much more pleasant cash flow situation. There are, however, several pitfalls with these loans, including a greater chance of making…
Collateral is something that helps to secure a loan. When you borrow money, you agree (somewhere in the fine print) that your lender can take something and sell it to get your money back if you do not repay the loan. The guarantee makes it possible to get great loans and improves your chances of approval if you are having…
The secured loan is an option that can be used by you when you need credit. The secured loan guarantees better payment conditions, lower interest rates and better credit release. But with so many advantages will it really be the best option when we need money? Loan with collateral is a good one? You probably already have heard of…
First of all, it is essential to know what a loan works. It is in fact a financing generally granted by any financial institution. The latter is indeed a loan earmarked for the purchase of a property or the repair of some or all of a property. It should also be noted that a work loan does not distinguish between…