Category: Financial Advice

Five Things to Consider Before Taking Out a Guarantor Loan Modest Money3 Comments

2959833537_af77ed5003

Five Things to Consider Before Taking Out a Guarantor Loan Loans have never been more difficult to get in the UK, with new regulations forcing banks to be much more selective in whom they loan money to. Even those with reasonably good credit can and do find themselves denied for loans. This has caused some to look for other finance arrangements, like payday loans, and in some cases even pawnbrokers. The increased difficulties these new regulations are causing for people with average credit, or who are first time borrowers, has given rise to a new type of loan. It’s known as a Guarantor Loan, and can help those having trouble borrowing from more traditional institutions and banks. The way it works is simple. Someone with good credit, and who also owns a home, agrees to repay the loan in the event the borrower defaults. Because of their guarantee, this person is known as the guarantor, and it’s their signature that assures the lender of repayment. In some cases they also may not be required to own a home. If you’re thinking about a Guarantor Loan, here are five things to consider before obligating yourself to someone else’s…

Read more...
This entry was posted in Financial Advice, and tagged Modest Money3 Comments
By : Adam | 21 Oct 2014
Tweet this article :
Modest Money
2293376525_3f84f2350f

A Personal Finance Thriller

By : Adam | 16 Oct 2014

For the last six months or so I have been working on my first novel, a personal finance thriller entitled Cream City Hustle. While there are financial thrillers out there, it is a fairly small genre. I’m not even certain that a would be sub-genre, personal …

Tweet this article :
Modest Money
turkey-spend-less

Saving on Sunshine — How to Spend Less in Turkey

By : Adam | 14 Oct 2014

With beaches, warm temperatures, and plenty to see and do, Turkey is more popular with tourists than ever before. But as this is incredible country has continued to become a bigger and bigger favorite, thanks to regions like Dalaman and Antalya, so has the average …

Tweet this article :
Modest Money
Cardreader

The Top Ten Benefits of Accepting Credit Cards in Your Business

By : muhammad | 9 Oct 2014

Credit cards have become the norm. According to researchers, more than 60 percent of the US prefers to carry credit cards rather than cash. As a result, small retailers do need credit card machines to process card payments. However, small retailers often think twice about …

Tweet this article :
Modest Money
john-hancock

John Hancock – the Manager of Managers

By : Adam | 9 Oct 2014

John Hancock has grown with the American economy and culture over the past 152 years. Since their 1862 founding, John Hancock has grown in status and specialty to have influence in all sides of the financial system. Today John Hancock is known as a “manager …

Tweet this article :
Modest Money
finance

How to Get a Good Financial Start in Life

By : Adam | 6 Oct 2014

The following is a guest post about getting a good financial start in life. If interested in submitting a guest post, please read my guest post policy and then contact me. I’m in a pretty comfortable financial position. I’m not rich, but I definitely don’t …

Tweet this article :
Modest Money
Citizens Bank

Understand your Financial Aid Award Letter [INFOGRAPHIC]

By : Adam | 29 Sep 2014

Once you are accepted into college and have filled out the FAFSA, you will start receiving financial award letters from each of your schools of choice with different financial aid results. These letters will include all federal, state, and college-specific financial aid award information for …

Tweet this article :
Modest Money
Page 1 of 4312345...102030...Last »