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Previous Forum Posts/Comments about bloomberg personal finance magazine
Posted on: Nov 20, 08 05:41 am by: Rudy Morrey
I found this while looking on the internet...
The amount you can borrow with bad credit business loans is £50,000 and £1,000,000. The loan repayment term would be any where between 3 to 25 years depending on the loan amount. A secured business loan with bad credit will usually have lower rate of interest than unsecured bad credit business loans.
Posted on: Nov 20, 08 04:55 am by: Alan Nielson
Heh, look at what I found...
Extending the term of repayment however, increases the interest that a borrower will have to pay. Borrowers can discuss with experts about the optimum term that will lessen the interest cost without increasing the burden on the monthly income.
Whatever be the option chosen, adequate consideration must be given to the conditions under which the option is to work.
Posted on: Nov 19, 08 08:21 pm by: Alison Goggins
Can any of you give me some advice about this?...
Enlightenment about your credit score will undoubtedly facilitate your own footing in front of the loan lender. Make sure you are contacting the right credit agency for your credit score. If you are sure about your credit history you would know what kind of high risk personal loan product will suit your standing.
Posted on: Nov 19, 08 07:11 am by: Gwen Ayala
What do you all think of this?...
"
Howard Dvorkin, president of Consolidated Credit, said many people have so many credit cards they don't know how much they owe overall. He offers a step-by-step approach to help consumers work on the problem:
_ First, list all your bills on a single sheet of paper in three columns: who you owe, how much and the minimum monthly payment.
_ Then look at your earnings and spending.