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A paycheck loan is a type of short term loan that the borrower must pay upon getting oneâs paycheck. It is usually the solution for financial problems, such as sudden sickness, car repairs, or paying the rent. There would come a time that you live from one paycheck to another and additional expenses can be harmful to the budget. [link widoczny dla zalogowanych] To be qualified for a quick installment loan, our customers must be at least 18 years old, make a minimum of $1,200 in guaranteed monthly income, have an active checking account in good standing and have a phone number and email account. You must be employed at least last 3 months and receive a steady income. Installment loans
The type of debt is also considered when computing the credit history of an individual. Some types of debt are better than others when it comes to the payment history. This accounts for 30% for the score of an individual. There are three types of debt and these are revolving debt, instalment debt and open debt. Revolving debt is mostly made up of credit card debt, while instalment debts are those that have fixed payments over a certain period. An auto loan is a good example of an instalment debt. An open debt is not that usual. This type of debt has to be paid in full after each period. [link widoczny dla zalogowanych] The value is that investors are able invest a potentially small amount of money, but have access to a professionally managed and diversified portfolio.
Some banks now offer guaranteed private student loans, but the word “guaranteed” now refers to the banks inability to turn a student down. In the past, that word referred to the role of the government, but now, that word refers to the product the bank offers. Often, these products are enticing to students who have poor credit. [link widoczny dla zalogowanych] â˘ Have a checking account with your name on it In most cases you are better off contacting your loan company directly than turning to a debt relief firm for help.