[ad_1] Laddie Cross, a business and loan specialist for the Southeast Economic Development Fund Inc. (SEED $), is a retired banker who said that while many might be tempted to look to a payday loan for a solution fast, it could actually make their financial problems worse. to the extent …
Read More »Monthly Archives: May 2021
This is the main reason why payday loans are so dangerous
Image source: Getty Images Payday loans are expensive and come with very high fees that need to be repaid in a short period of time. In fact, you could end up paying an effective APR of over 400% if you take out a payday loan. Despite this drawback, many people …
Read More »Lesotho: Standard Bank launches instant loans for SMEs
[ad_1] In another groundbreaking development, Standard Lesotho Bank (SLB) this week introduced Instant Loans for Small, Medium and Micro Enterprises (SMMEs). The facility, which is part of the bank’s digital lending offering, is a value-added service that enables business clients, especially SMEs, to access “quick and hassle-free instant loans without …
Read More »9 payday loan alternatives to save you exorbitant fees – Forbes Advisor
[ad_1] Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. If you need quick cash to cover an emergency or essential living expenses, you might be tempted to take out …
Read More »The Best Ways to Determine the Face Value of Fixed Rate Loans
Steve Williams,General manager, CF software solutions Fixed rate loans are sold every day, but when a loan is sold on an unscheduled payment date, the methods used to determine its book or face value can vary significantly. This is not a question of pricing but a question of allocating the …
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