UK Personal Finance Blog
Basically, lenders can be divided in two main categories – loan and mortgage providers. There are different types of bad credit lenders that feature instant cash and quick decision making. The main types of financing are unsecured and secured loans. Mortgages are one option for borrowers who need money to finance the purchase of a […]
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There are different types of financial assistance for full-time and half-time students who are enrolled in accredited colleges and universities. Student loans are one alternative to grants and scholarships offered by universities and foundations. Lenders usually require proof of identity, information about your household income, university, and more. Lending Criteria With federal loans, borrowers must […]
Continue reading →Attractive deals are usually offered to customers with a stable income and excellent credit. Banks and finance companies offer secured and unsecured loans to new and regular customers. The interest rate depends on the borrower’s payment and credit history. Borrowers can choose from different options, including second home, vehicle, and other loans. You can choose […]
Continue reading →Personal loans are offered by financial institutions such as banks, credit unions, and savings and loan associations. There are different types to choose from, including mortgage, consumer, auto, and student loans. The choice of lender depends on whether you are looking for a home equity, car, student, or consumer loan. Financial institutions and credit unions […]
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Top Traded Currency Pairs The most traded currencies include the Japanese yen, the Australian dollar, and the Swiss franc. Some traders focus on commodity currencies while others trade majors and exotics. Examples of majors are EUR/USD, AUD/USD, and GBP/USD whereby different currencies are paired with the US dollar. Some currencies are positively correlated while other […]
Continue reading →Hedge funds focus on stocks and differences in prices and use both fundamental and mathematical models. Some strategies do not fit neatly in any category, for example, risk parity and fund the best performing hedge funds. Different funds focus on various asset classes and investment approaches. Some investment vehicles specialize in short selling and re-buy […]
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Unsecured loans come in different varieties, but they share a common feature, i.e. collateral is not required. Banks consider factors such as creditworthiness, debt to income ratio, income level, payment history, types of credit used, and other factors. Banks, credit unions, and finance companies offer auto, personal, and consumer loans. Consumer loans can be used […]
Continue reading →Banks offer different types of loans to individual borrowers. The list of financial institutions includes specialist companies, credit unions, building societies, doorstep lenders, brick-and-mortar banks, as well as companies operating over the phone and online. Interest Rates and Charges Doorstep lenders advertise quick decision making, but this is an expensive form of financing. The annual […]
Continue reading →UK college students have access to different sources of financing that help them meet their education fee, accommodation, books, and other expenses. They can apply for scholarships, grants, maintenance loans and grants, tuition fee loans, loans from private lenders, and others. Maintenance Loans This type of loan is designed to help students cover their living […]
Continue reading →Banks, credit unions, building societies, and other financial institutions offer different types of mortgages with fixed, variable, and tracker interest rate. Unlike unsecured loans, mortgage loans use the mortgaged piece of real estate as collateral. Endowment Mortgage This is an arrangement whereby the applicant uses an endowment policy to save enough money and pay off […]
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