3 Reasons Why Online Loans Aren’t Going Away

As technology continues to innovate across the board, we realize that financial services are no exception. Over the past decade we have seen a major shift in how payments are processed, banking is managed, and installment loans borrowed. These trends aren’t likely to go away, especially when it comes to online loans.

As technology continues to innovate across the board, we realize that financial services are no exception. Over the past decade we have seen a major shift in how payments are processed, banking is managed, and installment loans borrowed. Th…

Why Do Some Lenders Offer A Guaranteed Approval?

Anytime we go to our local bank to apply for an installment loan or personal loan, we always expect some sort of validation or verification process to go along with it. The bank pulls your credit report and likely validates your stated income before making a decision on whether or not to approve your loan request. The terms of your approval also very on the information received in their underwriting process. This is very common and most people don’t seem to expect it when going that route.

3 Reasons Not to Payoff Your Loan Early

I promise I’m not trying to trick you into paying more interest. This is probably the opposite of what you have been told to do by everyone. Believe me though; there are some scenarios in which you would benefit more from paying a loan through to term.

Generally speaking you will save more money by paying off a loan early. The situations in which you don’t want to pay it off early will be fairly specific situations. So pay close attention and always do your own homework before committing to any financial decision.

©2019 Credit Fair-E. All Rights Reserved.