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”

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”

The best way to reduce debt is through settlement

Before you start working on a loan consolidation solution, you need to get everything organized. It is not possible to settle an account for a lower sum if you do not know the exact amount of money you owe or if you do not have the data available to show that you are not able … Continue reading “The best way to reduce debt is through settlement”

Solution that could free you from debt

Consolidation credit cards without cash in advance. The first difficulty that you may encounter with a loan is the initial fee that some lenders will charge. When you are already strapped for funds, it does not feel right spending even more to get a new loan. However, you may be lucky enough to find someone … Continue reading “Solution that could free you from debt”