SBA loan process is often disappointing for borrowers

Last October the Small Business Administration removed fees on SBA-guaranteed loans under $150,000. Although last year’s average SBA loan was closer to $380,000 and the year before was around $327,000, it might be interesting to note that before the financial meltdown in 2008, the average SBA loan amount was closer to $175,000—more in line with … Continue reading “SBA loan process is often disappointing for borrowers”

You can certainly improve your credit scores

Verification and obtain a copy of your credit report from all major credit bureaus could be helpful, not just in determining the accuracy and correctness of your credit record, but could go a long way in identifying the actual issues which have contributed to your bad credit standing. This could be critical prior to try … Continue reading “You can certainly improve your credit scores”

Making payments on time can improve your credit

Debt consolidation allows to borrowers not only to build credit but to pay off credit faster at the same time. A debt consolidation loan allows for all or most debt to be paid with one monthly payment. Even with a higher interest rate, the amount saved in late fees incurred due to missing one of … Continue reading “Making payments on time can improve your credit”

Lower rate with private consolidation loan

Good Way to Consolidate Private Student Loans If you have more than one private student loan from a bank or other lenders, you can make life easier by consolidating private student loans into one loan with one monthly payment. Student loan consolidation payments could end up lower than your current payments. Loan Consolidation Can Help … Continue reading “Lower rate with private consolidation loan”

Take advantage to avoid bad credit

Very important thing for each borrower is to maintain his credit score good as possible. In fact, some borrowers choose to consolidate their personal loans into one low interest monthly payment. Some lenders can offer you unsecured loan, so you don’t need own your home for debt consolidation. You can take advantage and see how … Continue reading “Take advantage to avoid bad credit”