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What is the Difference between Pre-Qualified and Pre-Approved

 Pre-Qualified vs. Pre-Approved – when you receive an offer from a lender stating that you have been “pre-qualified” or “pre-approved” this means that you have atleast met basic eligibility requirements that the offer provides according to your credit score and other financial requirements. Both terms can be used differently and occasionally interchangeably. The adverse aspect in both terms is “pre.” When you get pre-qualified or… Read More »What is the Difference between Pre-Qualified and Pre-Approved

What is Zombie Debt

Understanding Zombie Debt; What you need to know: Zombie debt is a debt that has either been settled, nolonger collectable, or belongs to someone else. What is Zombie Debt? Zombie debt is debt that has either returned to haunt you after being paid off, is too old to be collected, or belongs to someone else entirely. In essence, debt collectors are attempting to recover funds… Read More »What is Zombie Debt

How to Increase chances of getting Personal Loan

How to Increase chances of getting Personal Loan  – Personal loans are often a good option when you need do large purchases, unexpected opportunites and emergencies that you cannot afford to pay cash to debt consolidation. Repayment of personal loan comes with a catch – that the loan is paid back with interest in monthly instalments over a period of up to several years Unsecured… Read More »How to Increase chances of getting Personal Loan

Ways to calculate personal loan repayments

Ways to calculate personal loan repayments; A personal loan can take your life from good to great, or even come to the rescue in an emergency. Take charge and find out how to repay yours before you apply for one. Personal loan can of great help in improving your way of life. The way you manage your personal loan matters alot as it helps you… Read More »Ways to calculate personal loan repayments

How to apply for business loan

How to apply for business loan in South Africa; What you need to know; Definition of business loan; Advantages and disadvantages of business loans Requirements and criteria to get approved for business loan. Definition of business loan – this is a loan designed for business persons and or companies to assist them to boost their company business operations. Business loans can be used for the… Read More »How to apply for business loan