Information Hub
Useful information and news from the breezy loans team
Emergency Loans – Instant Cash in Urgent Situations
Disasters always occur at the least expected moment. Sometimes we have a contingency plan – but often we do not. We can avoid many problems, or at least minimize the consequences, unfortunately, accidents happen, and we cannot predict them all. And when they happen, we may need money to get us out of the tight …
Continue reading "Emergency Loans – Instant Cash in Urgent Situations"
5 Worst Reasons to Take Out a Personal Loan
When you need some extra cash taking a personal loan may be the easiest way to get your funds. It is often quite a simple process, and – as long as you have a decent source of income – some security, and a good credit score, you have a good chance of getting your application …
Continue reading "5 Worst Reasons to Take Out a Personal Loan"
Loan Rejection: Why Your Loan Was Declined
Loan rejection is disappointing and discouraging. To many people, it feels like a personal insult. Apart from a fact that rejection simply feels awful, people rarely apply for a loan on a whim, they take a loan because they need it. If taking a loan is the only way you can think of to obtain …
Continue reading "Loan Rejection: Why Your Loan Was Declined"
How to Get a Personal Loan with a Credit Score 550 or Less
Getting a personal loan with a credit score 550 or less is not easy but it is not impossible if you understand how lending works. It will take some work, but it can be done. The necessary steps involve checking your credit history, reviewing your credit report for errors, improving your credit score, catching up …
Continue reading "How to Get a Personal Loan with a Credit Score 550 or Less"
7 Common Personal Loan Myths
There are many common myths and misconceptions about taking a personal loan. Unless you understand how lending works, you can make a bad decision and choose the wrong lender or the wrong option. You may consider word-of-mouth and personal opinion of people you trust. If you hear that everyone recommends the services of a particular …
What’s the Difference Between Payday Loans and Personal Loans?
If you ever enquired about a loan and tried to compare different options to see which one is right for you, you know that it may be confusing. If you compare payday loans and personal loans you will find many similarities. The eligibility terms, loan amount, repayment terms – they may all sound quite similar. …
Continue reading "What’s the Difference Between Payday Loans and Personal Loans?"
Why Lenders Check Credit Scores While Processing a Loan Application?
Use of Credit Score If you have ever borrowed money from a lender, or considered borrowing money, chancesare you have heard about credit scores. Whether you are buying your next home, a new computer or a car – you may need a loan. Credit scores may also be used by mobile phones, electricity, gas or …
Continue reading "Why Lenders Check Credit Scores While Processing a Loan Application?"
Are Payday Loans Still Popular Among Borrowers?
What is a Payday Loan Small amount credit contracts (SACCs) are often referred to as payday loans, which is a high-cost loan, between $300 to $2,000, that must be repaid between 16 days and 1 year. These loans are designed to be paid back as soon as you get your next payday. The Australian payday …
Continue reading "Are Payday Loans Still Popular Among Borrowers?"
