Posted on April 27th, 2011 by admin
Person to person lending is essentially borrowing money from one individual to another without the use of a financial institution. It can be from a friend, family member, or an individual set up to lend money to individuals. These can be anywhere from a casual, friendly loan to a loan that borders on loan sharking. [...]
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Posted on April 26th, 2011 by admin
A personal loan is a loan for a specified amount of money and can be either an unsecured loan, or a secured loan. The loan can be for any unspecified purpose, i.e., vacation, auto repairs, or any other needs the borrower has. The average personal loan is $15,000, maximum, and depends on a number of [...]
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Posted on April 26th, 2011 by admin
There are a couple of different types of cash advances. The most common would be a cash advance on a credit card. This is an option where the issuer allows the consumer to borrow actual currency against their current balance. Generally, the consumer has a credit limit and a cash advance limit. The cash advance [...]
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