| Danieltaurry |
Дата: Суббота, 16.08.2014, 21:23 | Сообщение # 1 |
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In the past the only viable option open to you was credit cards or a personal loan. Both these options have a great track record but they also have their problems. Credit cards are notoriously easy to run up a high bill because of the way they are designed, they let you pay a minimum payment in the hope that you stretch out the re-payment as long as possible. This creates more income for the credit card companies as they pile on charges and interest. Personal loans can be good products but they are sometimes difficult to get and require in depth credit checks.
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Once a borrower gets their hands on fast cash, their current financial emergency is relieved. The next problem is paying the loan back in full as it includes both loan plus interest fees. There are only a few short weeks to arrange the funds. Since these loans are unlike credit cards, stretching the payment out over several months or worse yet years, is not a smart financial decision.
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