A Brief History of Loans
No one can say for certain where the history of loans began? it's likely that people have been practicing lending and borrowing for as long as there has been a concept of ownership.
The history of loans can be documented at least several thousand years back; forms of lending were evident in ancient Greek and Roman times, and monetary loans were even mentioned in the Christian bible.
The modern history of loans started much later than these ancient times, of course? it is, however, important to realize that lending started much earlier than many people would imagine and has its origin in much older times.
One of the early forms of lending that should be explored in the history of loans is the indentured loan (also known as indentured servitude.) Initially practiced in the Middle Ages and through the 19th century by land owners and the wealthy, indentured servitude allowed poor individuals to borrow the money needed for major expenses such as travel and real estate.
Once the land owner or wealthy individual had secured a ship passage or piece of real estate for an individual, that individual would then have to work off their debt over the course of several years? unfortunately, many times the land owner was very dishonest and would greatly inflate the debt or would continue to add provisions to the debt long after it had been repaid.
Indentured servants often had very few rights, and were seen by some wealthy individuals as a way to maintain slave labor long after slavery had been abolished in both Europe and the United States.
Luckily, legitimate banks were developing even as indentured servitude was rampant. Individuals known as moneylenders played an important part in the history of loans? in fact, it's from the Italian moneylenders of the Middle Ages that we get both the English words "bank" and "bankrupt" that we use today.
Italian moneylenders would set up benches in the local marketplace (with the word for bench being "banca", from which we eventually derived the word "bank"). The moneylenders would charge interest on their loans at a rate that they set, and would sometimes be quite successful and become very wealthy.
As an interesting sidenote to the history of loans, if the moneylenders were not successful, though, they would break up their benches and pursue other venues. The Latin expression for breaking up a bench in this way was "banca rupta", which eventually became the English word "bankrupt" (which carries a much steeper connotation than simply a broken bench.)
Modern banking loans
Of course, the history of loans has progressed quite a bit since the days of the Middle Ages moneylender. Interest rates are much more controlled, loan terms have a much higher degree of fairness to them, and the banks of our era aren't out to simply get as much money out of borrowers as they can.
The modern banks, finance companies, and online lenders that provide loans to the public and private sectors provide a great service to the world economy, and are regulated by both local and governmental policy so as to make sure that nothing interferes with that service.
However, if not for some of the oppression and misdealing that was present throughout the history of lending then the fairness and opportunity that exists in banking today might not be possible? even the oppression that resulted from indentured servitude in the past helped to establish modern banking by showing what factors needed to be eliminated so as best to benefit both lender and borrower.
You may freely reprint this article provided the following author's biography (including the live URL link) remains intact:
About The Author
John Mussi is the founder of Direct Online Loans who help homeowners find the best available loans via the http://www.directonlineloans.co.uk website.
Inquiries Into Reckless Loans to Taxi Drivers Ordered by State Attorney General and Mayor - The New York Times
Inquiries Into Reckless Loans to Taxi Drivers Ordered by State Attorney General and Mayor The New York Times
The New York attorney general's office said Monday it had opened an inquiry into more than a decade of lending practices that left thousands of immigrant taxi ...
Billionaire Robert F. Smith Pledges To Repay Loans For 2019 Morehouse College Class NPR
NPR's Mary Louise Kelly talks with American University professor Ibram X. Kendi about billionaire investor Robert F. Smith's pledge to the Morehouse College ...
Billionaire pledges to pay off $40 million in student loan debt for Morehouse College class of 2019 - USA TODAY
Billionaire pledges to pay off $40 million in student loan debt for Morehouse College class of 2019 USA TODAY
Investor and philanthropist Robert F. Smith surprised the Morehouse College class of 2019 with a special graduation gift: He's going to pay all of their student ...
Regulator tells banks to watch out for leveraged loans Yahoo Finance
The Office of the Comptroller of the Currency, one of the nation's top banking regulators, is telling bank boards and management to monitor their relationships in ...
Billionaire philanthropist shocks Morehouse grads by promising to pay off loans ABC News
While most commencement speakers offer words of encouragement to college graduates headed into the cold and cruel work world, billionaire philanthropist ...
The tax-smart way to loan money to family members MarketWatch
You may want to help a young family member buy a first home or help a financially challenged relative or friend by loaning that person some money.
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money - The New York Times
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money The New York Times
The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.
Why This 1 Common Issue for Business Loans Isn't Actually a Big Deal Inc.
Small business owners always want to avoid this, and they shouldn't.
My family will pay off your loans, billionaire tells graduating students – video The Guardian
Robert Smith, a billionaire investor, surprises students at Morehouse College in Atlanta, Georgia, by using his speech at a commencement ceremony to pledge ...
Billionaire pays off loan debt for hundreds of students CNN
Morehouse College seniors got a surprise when billionaire investor Robert F. Smith announced during his commencement speech that he would pay off the ...
Is There a Statute of Limitations on Student Loans? NerdWallet
Federal student loans have no statute of limitations, but private student loans do. Once it passes, a creditor can't sue you, but your loans don't go away.
Is a college degree worth owing thousands in student loans? KXAN.com
Americans now owe more than 1.5 trillion dollars in student loan debt. That's more than we owe on our cars, credit cards and second only to mortgage debt.
NY Morehouse Grads React to Having Students Loans Paid NBC New York
A billionaire philanthropist agreed to pay off the student loans for the entire graduating Morehouse College class of 2019 — totaling about $40 million. NBC 4 ...
Morehouse College graduates cheer after billionaire pledges to clear their loans Idaho Statesman
The class of 2019 at Morehouse College received a commencement speech to remember on May 19 when billionaire Robert F. Smith announced his family ...
Louvre struggles to gain loans for Leonardo show Art Newspaper
High-level diplomacy is being used to secure the artist's most important works for blockbuster anniversary show in Paris.
U.S. is stepping up enforcement of delinquent student loans Los Angeles Times
The U.S. collected $3.3 billion of delinquent student debt in the first half of this fiscal year. That's up from $2.9 billion in the full year before.
US billionaire clears 400 student loans BBC News
Robert F Smith made the commitment to graduates at Morehouse College in Atlanta, Georgia.
Oprah Schools Instagram Hater With Receipts After Student Loan Diss HuffPost
Besides pretending to know the lyrics to every Mariah Carey song, Oprah Winfrey will always be remembered for her seemingly unending generosity. In just the ...
Philippines Prefers China Loans Over U.S. ‘Strategic Confusion’ in South China Sea Bloomberg
The U.S. is projecting “strategic confusion” in the South China Sea, the Philippines' top diplomat said, prompting the Southeast Asian nation to deepen its ties ...
Consumer tip: How to handle student loan debt Marin Independent Journal
One of the major types of debt many consumers carry are student loans. An inability to repay student loan debt may prevent people from purchasing homes or ...
Surprise! Compton Student's Loans Paid Off NBC Southern California
A billionaire commencement speaker made a stunning promise -- to pay off the graduating students debt. Now a Compton student at Morehouse, more than ...
Cleveland City Council targets $200,000 toward loan program to jump start new small businesses - cleveland.com
Cleveland City Council targets $200,000 toward loan program to jump start new small businesses cleveland.com
The city will partner with the non-profit organization Kiva Microfunds to help make startup loans to as many as 60 small businesses over the next three years.
How Do Loans Work? | US U.S News & World Report Money
Taking out a loan can help you in the short term, so be smart about how you pay it back so you don't have to worry about debt in the long term.
Forest Park man's student loan debt to be paid off by tech billionaire WKRC TV Cincinnati
FOREST PARK, Ohio (WKRC) - On Sunday, billionaire Robert Smith made a pledge to Morehouse College's graduating class during his commencement ...
Attorney General Brnovich Sees No Need To Regulate Arizona's High-Interest Loan Business KJZZ
While consumer advocates circulate an initiative banning predatory car title loans, Arizona Attorney General Mark Brnovich appears to be siding with another ...
Morehouse College grad shares plans after loan debt paid CNN
Morehouse College graduate Elijah Nesly Dormeus explains what billionaire investor Robert F. Smith paying off his student loan debt means to him.
Billionaire tells grads he'll pay off their student loans Reuters.com
Billionaire Robert F. Smith, this year's commencement speaker at Morehouse College, told the graduating class he's paying off their student loans. Rough Cut ...
Sanders and AOC want to cap credit card interest rates with the Stop Loan Sharks Act Vox.com
Cheaper (but scarcer) credit cards and the end of payday loans.
VA loan series: VA vs FHA vs USDA | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
VA loan series: VA vs FHA vs USDA | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
VA loan *service* requirements are important when it comes time to get a VA mortgage. Depending on your *service* status it's possible to avoid funding fees.
Your money: Cosigning a student loan? Be prepared to pay Reuters
(This May 16 story corrects 10th paragraph to clarify that 96% of cosigns are for undergraduate loans.) FILE PHOTO: Messages and artwork are pictured on the ...
When you play the Game of Loans, you pay either way MarketWatch
Money and life lessons we learned from 'Game of Thrones'
Borrowing from your 401(k) is easy. But should you really break open that piggy bank? USA TODAY
Nearly 3 in 10 Americans dip into retirement savings, says Transamerica. It pays for higher education, lowering debt and covering medical costs.
Ex-Credit Suisse banker pleads guilty to U.S. charge over... Reuters
A former Credit Suisse Group AG banker pleaded guilty on Monday to a U.S. charge that she helped launder money from a kickback scheme involving $2 billion ...
CFPB Chief Says Education Department Is Blocking Student Loan Oversight NPR
The Consumer Financial Protection Bureau's Kathy Kraninger says the department is getting in the way of efforts to police the student loan industry.
Elizabeth Warren: Let Student Loans Be Discharged In Bankruptcy Forbes
Will you be able to discharge your student loans in bankruptcy? Elizabeth Warren hopes so. Here's what you need to know. The Student Borrower Bankruptcy ...
Students and their families need support systems before they're saddled with college debt CNBC
State and local governments need to find the resources to help families make smarter financial decisions about college during children's high school years.
How one woman used minimalism to pay off $50,000 in student loans in 2 and half years NBC News
By looking at minimalism as a lifestyle instead of a sacrifice, Jennifer Chan paid off $50000 in loans in a few short years.
One way to tackle the student loan crisis: bankruptcy court The Washington Post
Why is student loan debt treated differently than all other consumer debt?
Student Loans Paid Off for Morehouse Class of 2019 Wall Street Journal
Robert F. Smith, keynote speaker for Morehouse College's commencement ceremony, said he would pay off the college debt of the class of 2019, approximately ...
How New York taxi drivers were conned and bankrupted by medallion loan sharks Boing Boing
I don't think I could concoct a more predatory scheme if I tried. This was modern-day indentured servitude.” That's what Roger Bertling, the senior instructor at ...
Student-loan borrowers are using their vacation days to pay off their debt MarketWatch
This new employee benefit lets workers trade in their paid time off.
'Warren Buffett' Isn't Shorting Bitcoin: New Crypto Loan Report Concludes Bitcoinist
Bitcoin is used less for speculation than altcoins and naysayers like Warren Buffett are not shorting BTC, a new report conclues.
Trade Battle Poses Risks for Junk-Loan Machinery The Wall Street Journal
The recent escalation of U.S.-China trade tensions is threatening to cut short a nascent recovery in the market for collateralized loan obligations.
Behind on bills? A new personal loan will help, TransUnion study says USA TODAY
One counter-intuitive way to help someone who's fallen behind on bills is to give them another loan, according to a new TransUnion study.
They Live Here Legally, But The Trump Administration Won’t Give Them Housing Loans BuzzFeed News
The government is denying federal housing loans to young immigrants with DACA status, even after Ben Carson said it wasn't happening.
How Long Do You Have to Pay Off Your Student Loans? Yahoo Finance
Old-style student loans have set periods in which you have to get your loan repaid, but newer loans have specific time limits after which any remaining balance ...
Education Department hinders policing of student loans, consumer agency says POLITICO
The head of the Consumer Financial Protection Bureau says the Education Department is impeding access to information that regulators need to oversee the ...
WH applauded for taking initiative re: student loan crisis OneNewsNow
The Trump administration appears to be stepping up to do something about the wildly expensive, out-of-control student loan crisis.
What’s Scarier Than Student Loans? Welcome to the World of Subprime Children The New York Times
Income share agreements sound like a better deal than today's student loans, but what will they do to society?
U.S. Stepping Up Enforcement on Delinquent Student Loans Bloomberg
Your rich Uncle Sam is calling in his chips. The U.S. government stepped up collections on delinquent student debt to $2.9 billion last year -- or an average of ...
Congress grapples with loan forgiveness program Politico
Student debt surprise at Morehouse — Sanders takes on charter schools.
Here’s what Pete Buttigieg’s new financial disclosure says about book deal, student loan debt - Indianapolis Star
Here’s what Pete Buttigieg’s new financial disclosure says about book deal, student loan debt Indianapolis Star
Democratic presidential hopeful Pete Buttigieg has lots of student loan debt and received a $75,000 advance for his political memoir, according to a financial ...
Bernie Sanders: 'Exploitative' payday loans in Wisconsin average 574% annual rate PolitiFact
Ramping up his latest push for the White House, Bernie Sanders is taking aim at high interest rates on credit cards and payday loans. The Vermont senator ...
Elizabeth Warren calls Navient ‘scammers’ after student loan giant celebrates making the Fortune 500 - MarketWatch
Elizabeth Warren calls Navient ‘scammers’ after student loan giant celebrates making the Fortune 500 MarketWatch
The company is facing multiple lawsuits from the CFPB and states attorneys general.
Federal Student Loan Interest Rates Decrease For New Borrowers In 2019 - 2020 Forbes
For the first time in three years, the interest rates on Federal student loans will decrease anywhere from seven to ten percent depending on the loan type.
More states pass student loan servicer laws Politico
Education groups pan White House cut to Pell surplus — House Veterans Affairs Committee tackles school closures.
Thinking of cosigning a student loan for your child? You might regret it CNBC
As the cost of college rises, more parents are cosigning private loans for their children's education. That move can leave them on the hook for the debt if their ...
Malaysia Turns to Property Crowdfunding as Banks Reject Loan Applications Bloomberg
Malaysia's government is turning to the wealth of the masses, instead of reticent banks, to help solve a $4.8 billion property overhang.
Interest-only loan growth: A harbinger for recession? | TheHill The Hill
Interest-only loans are on the rise, which has some analysts spooked that the economy is already trending toward a recession. If only it were that easy to foretell ...
Surging Auto Loans Help Fuel Rise in American Household Debt Bloomberg
The auto loan has flourished among American consumers over the last two decades, with its prevalence among the U.S. population rising each of the last seven ...
Find out if you qualify for a student loan debt forgiveness program KTRK-TV
Consumer Reports say there may be relief ahead if you qualify for a student loan forgiveness program.
Martin Lewis issues loans WARNING and advises where to get the best loan rate now Express
Last summer, Catherine thought she was doing right by using a credit reference agency's eligibility tool, to find a cheap loan for £1,000, "It came up saying, 'you ...
Parents Owe $89 Billion In Student Loans - Here's What To Do About It Forbes
When you think of your golden years, you think of rest, relaxation, travel and the good life. The last thing on your mind: student loans. Yet, for millions of ...
Loan program milestone: RGV-pioneered franchise reaches 50000 mark Brownsville Herald
The Community Loan Center, an employer-based, small-dollar loan program pioneered in Brownsville in 2011 and now franchised around the United States, ...
VA Home Loan Secretly Ripped Off Veterans By $150 Million DisabledVeterans.org
For the past five years, the VA Home Loan program has knowingly withheld $150 million in refunds for certain disabled veterans. A special investigation by my ...
Robert Smith Forgives Student Loan Debt for 400 Morehouse Graduates Fortune
It was a commencement speech for the ages: The private equity billionaire's gift is worth $40 million.
It could become easier for people with student debt to file for bankruptcy CNBC
Lawmakers could make it easier for student loan borrowers to cancel their debt in bankruptcy. The bill, which is supported by 14 Democrats, one Republican and ...
Consider these “5 C’s” before applying for a bank loan for your small business Philly.com
A traditional bank loan remains a popular way to borrow because they are cheaper and come along with other helpful services like online banking and cash ...
Lawmakers weigh state borrowing to help college grads pay off loans Press Herald
AUGUSTA — Lawmakers are once again exploring avenues to use student loan forgiveness and zero-interest loan programs as a way to simultaneously ...
New bill links 401(k) matches to student loan payments InvestmentNews
A bill that includes a provision to make it easier for companies to contribute to the retirement accounts of employees who are paying down student debt was ...
Top Finance Dem offers bill to help those repaying student loans save for retirement | TheHill - The Hill
Top Finance Dem offers bill to help those repaying student loans save for retirement | TheHill The Hill
Sen. Ron Wyden (D-Ore.), the top Democrat on the Senate Finance Committee, on Monday introduced a bill aimed at making it easier for those with student loan ...
As Solar Loans Start to Dominate, Loan Providers See Increasing Value in Installer Networks - Greentech Media News
As Solar Loans Start to Dominate, Loan Providers See Increasing Value in Installer Networks Greentech Media News
As a result of the ITC stepdown, solar loans will increasingly start to look like regular consumer loans.
Income-based repayment is the best solution to student debt Quartz at Work
Here's the problem with student debt: It's only a problem for some people. Americans of all ages owe almost $1.5 trillion in student loans and so many Americans ...
Teachers Begin To See Unfair Student Loans Disappear NPR
Nearly 2,300 teachers have just had a mountain of student loan debt lifted off their backs, according to previously unreleased figures from the U.S. Department of ...
bharatpe: BharatPe lines up loans for merchants Economic Times
It is also planning to apply for its own lending licence to lend to merchants who are accepting payments through BharatPe QR codes.
6 Ways a Personal Loan Can Benefit You Student Loan Hero
Personal loans are a versatile financial product. You can use your funds to afford a big purchase, consolidate debt or handle a hefty bill. See other ways a ...
Millennials struggle under the burden of student loans CBS News
Taylor Smith graduated college with 11 student loans and $53000 in debt.
RI treasurer's small business loan program expands Turn to 10
Rhode Island Treasurer Seth Magaziner's small business loan program is expanding. Magaziner says his “BankLOCAL” initiative now includes two new banks, ...
'Quite remarkable': Consumer watchdog says Department of Education is obstructing student loan oversight - Yahoo Finance
'Quite remarkable': Consumer watchdog says Department of Education is obstructing student loan oversight Yahoo Finance
The Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger may have been blasted for her bureau's poor oversight of predatory student loan ...
Former Greg County GOP chair admits to using loan documents with forged signatures to obtain $145K - KLTV
Former Greg County GOP chair admits to using loan documents with forged signatures to obtain $145K KLTV
An East Texas businessman admitted to using loan documents with forged signatures in order to get personal and commercial loans for a total of $145000 from ...
What Is a Business Working Capital Loan? U.S News & World Report Money
For small businesses, working capital loans can fund short-term needs and unplanned expenses that cash flow can't cover.
To boost equity, give public loans to pot startups The Boston Globe
Sonia Chang-Díaz's amendment would move Massachusetts closer to reaching its goal of a truly equitable cannabis industry.
Warren, Nadler introduce bill to allow student loan borrowers bankruptcy relief | TheHill - The Hill
Warren, Nadler introduce bill to allow student loan borrowers bankruptcy relief | TheHill The Hill
A bipartisan group of lawmakers on Thursday introduced legislation to make bankruptcy relief available for student loan borrowers. Sens. Elizabeth Warren ...
How the student loan 'grace period' can actually make your debt problem worse CNBC
The student loan “grace period” is a six- to nine-month reprieve from having to pay back your loans that starts from the time you graduate or drop below half-time ...
With this kind of debt, you can kiss your sex drive goodbye CNBC
People dislike their auto loan payments, but there are ways to slim down the amount of debt.
Zimbabwe must prove itself before seeking World Bank loans | TheHill The Hill
Zimbabwe's authoritarian government is working with World Bank staff and outside powers to get the creditors to clear billions in arrears and restart loans.
Tesla rolls out employee loan benefit as factory workers cope with unpredictable hours CNBC
Tesla has rolled out a new benefit for its workers: employee loans, facilitated through the London-based financial tech start-up Salary Finance, and funded via its ...
Morehouse College commencement speaker pledges to pay class off 2019's student loans KOMO News
A billionaire technology investor and philanthropist says he will provide grants to wipe out the student debt of the entire graduating class at Morehouse College ...
Household debt hits $13.6 trillion as student loan and credit card delinquencies rise - Yahoo Finance
Household debt hits $13.6 trillion as student loan and credit card delinquencies rise Yahoo Finance
Total U.S. household debt is now $993 billion higher than the peak of $12.68 trillion in the third quarter of 2008, according to a new report by the New York Fed.
Revisiting small loans rules crucial to maintaining access to credit for vulnerable consumers | TheHill - The Hill
Revisiting small loans rules crucial to maintaining access to credit for vulnerable consumers | TheHill The Hill
The truth is that millions of Americans would be worse off without access to small-dollar loans.
Hibs announce departure of 17 players after loans and contracts end Edinburgh Live
The club also confirmed details of the first pre-season friendly of the summer.
Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years - WOLF STREET
Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years WOLF STREET
Serious auto-loan delinquencies – 90 days or more past due – jumped to 4.69% of outstanding auto loans and leases in the first quarter of 2019, according to ...
Facing retirement with parent student loans? Transfer them to the kids Los Angeles Times
It's not wise to use retirement funds to pay down student loans taken out on behalf of your children. Consider refinancing the debt so that the graduate can take ...
HELOC: Understanding Home Equity Lines of Credit NerdWallet
A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home. You can draw from a home equity ...
Starbucks, Mercon announce separate sustainability loans Reuters
NEW YORK (Reuters) - Starbucks and Mercon Coffee Group separately announced sustainability-focused loan facilities on Monday, signaling the coffee sector's ...
Student loan forgiveness: millennials deserve a break from boomers like me Vox.com
Boomers like me who paid off all of our student loans need to give millennials a break.
New initiative drive would ban high-interest title loans in Arizona Arizona Daily Star
Auto title loans can carry an annual percentage rate up to 204 percent a year.
Elizabeth Warren Wants to Cancel Student Loans. Critics Wonder if That’s the Right Solution. - The New York Times
Elizabeth Warren Wants to Cancel Student Loans. Critics Wonder if That’s the Right Solution. The New York Times
While many borrowers welcomed a one-time loan clearance plan, it also raised long-simmering questions about the cost and quality of college.
How Do Student Loans Affect Your Credit Score? Student Loan Hero
Americans owe more in student loans than they do on credit cards, but how does that debt impact the rest of their financial lives? If the day comes when you want ...
Useful Tips on Personal Loans
Here are some useful tips on Personal loans. You can find personal loan providers everywhere.
Getting the Best Auto Loan Rates
Getting a good auto loan rate is not luck, but rather a skill that you must learn. There are good auto loan rates available if you know the tricks of the trade and how to negotiate to get the best deal for you.
Cash Til Payday Loans - When Is The Best Time To Get A Quick Cash Loan
There are times when a cash advance loan or payday loan may be a good way to get you out of a tight, financial scrape. There are times when a payday loan may be a wise decision.
Finding the Right Online Loan for You
If you're looking for an online loan, you might be having problems deciding which type of loan and lender is best for you. While you can get an online loan from several different types of lenders, the interest rates, loan terms, and collateral requirements tend to differ from one to the next.
Unsecured Loans - Substituting Secured Loans
Watching more and more people fall in the trap laid down by the secured loans, you resolved never to take debt help from the lending organisations. Nevertheless, as and when need arises, the lending organisations do have to be approached for help.
How to Find Cheap Loans UK
For the individual in need of cheap loans UK, it can sometimes seem like the loan they seek is always just out of reach.The hardest part of finding cheap loans UK is usually sorting through the various types of loans to find the one loan that has the right interest rate and loan terms for your needs.
Secured Loans Tips
Here are some useful secured loans tips. Secured loans enable most homeowners to borrow capital against the value of their property.
The Average Profile of Customers Opting for a Payday Loan Cash Advance
Payday loans are loans of a small amount, taken for a short duration of time. Payday loans are generally meant to be paid off on the next payday.
The Wonders of Compound Interest
Albert Einstein called compound interest "the greatest invention of all time." It has even been referred to as the "Eighth Wonder of the World.
A General Discussion about Unsecured Personal Loans in the UK Financial Market
Personal loans are offered by lenders such as banks and building societies and are available in a variety of formats, each of which may differ in the possible size, term and purpose of the loan you need. The internet has widened the choice of lenders available supplying personal loans online.
A Guide to Debt Consolidation Loans
Should you find yourself overcome by debt, you might want to consider debt consolidation loans. These loans are designed with the person in debt beyond their means in mind, allowing for repayment of the outstanding debts while combining multiple payments into a single affordable monthly payment.
Title Loans - Get More of the Title to Your Vehicle
Title loans have the same features as a secured loan, except for a single aspect. While secured loans do not spell out the type of collateral that will suffice it, title loans specifically require cars or any other vehicle to act as collateral.
User Guide to Payday Loan Terminologies
Are you approaching towards a payday loan cash advance? Is this your first loan borrowing? Are you acquainted with all the terminologies or facts that you will be facing when you approach for the loan? Need not to worry. We have assembled a brief payday loan glossaries and definitions to make you understand about payday loan borrowing.
Online Car Loans - Getting a Good Quote Online
Online car loans enable you to get a good quote and ultimately the best deal. With dealerships and local banks, you are at the mercy of their rates.
Fast Cash Personal Loan - No Credit Check and Very Quick
You can get a payday advance with cheap rates and get up to 30 days to repay your loan. A payday advance is an unsecured loan used to solve your temporary financial needs.
Should You Get A Pay Day Loan?
Whether you have good credit, bad credit or no credit, you are still eligible for pay day loans. Pay day loans come in all shapes and sizes.
Want a Cheaper Finance for Your Vehicle? Try Secured Automobile Loans
The usual modus operandi in most automobile purchases is as follows:Step 1: Recognize the urge for an automobile.Step 2: Check the bank balances.
Hidden Bank Loan Charges That Would Make a Pick-Pocket Envious
There can be more to a bank business loan than making interest and principal payments. Your firm may get a great rate on its new credit line or term loan but you may cry on the way home when you discover the hidden fees and charges.
A Guide to Looking for Cheap Online Loans
Cheap online loans may seem hard to come by, but for the individual that's willing to spend a little extra time looking for their loan then cheap online loans can be right around the corner.There are a variety of factors that can influence the amount that you pay for your loan? the collateral used, the interest rate that you agree to, and even your credit history can all be major factors that either increase or decrease the amount that you pay in the long run.
Finding a Loan With Bad Credit
No matter what your credit history is the simple fact is that at some point in your life you will need a loan. If you have a few black marks on your credit report and you are feeling that your bad credit will not enable you to qualify for loans, do not feel despair because there are banks that will lend to people in your situation.
|home | site map|
|TIGER MEDIA© 2006|