All about loans in Kenya
Even with the proper planning and familiarizing yourself with your benefits, it’s easy to find yourself saddled with overwhelming debt. Whether you’ve had a major operation or your child broke his leg, receiving medical care is expensive. Luckily, there are a few different ways to handle it, many that are more amenable than other types […]
Medical bills generally don’t appear on credit reports until they’ve gone unpaid for at least 180 days. But once an unpaid medical bill goes to collection, the collection account can appear on your credit reports — and stay there for up to seven years, even if you eventually pay. When medical bills appear on your […]
If you haven’t kept current with your student loan debt, you could be in default. Your student loans are placed in default if you haven’t made a payment on them in over 270 days. When your loans go into default, they typically transfer over from a student loan servicing company to a collection agency. With Federal […]
If you haven’t kept current with your student loan debt, you could be in default. Your student loans are placed in default if you haven’t made a payment on them in over 270 days. When your loans go into default, they typically transfer over from a student loan servicing company to a collection agency. With Federal […]
Draft a Financial Vision Board You need motivation to start adopting better money habits, and if you craft a vision board, it can help remind you to stay on track with your financial goals. Set Specific Financial Goals Use numbers and dates, not just words, to describe what you want to accomplish with your money. How much […]
Once you have shortlisted your college/school to pursue your graduate studies, the biggest hurdle that you need to cross is planning for tuition fees and hostel and food bills, etc. Most students prefer opting for scholarships and grants, but in case you don’t get one, the next best option is applying for a student loan. Before You […]
A credit report is a detailed breakdown of an individual’s credit history prepared by a credit bureau. Credit bureaus collect financial information about individuals and create credit reports based on that information, and lenders use the reports along with other details to determine loan applicants’ creditworthiness. In the United States, there are three major credit […]
Unpaid medical bills take longer to hit your credit report and may be weighed less heavily in scoring formulas. A serious illness or injury can be disruptive. You need to heal, and you may be overwhelmed for a while as you put your work and family life back together. There’s a strong chance your finances will be affected, […]
How to really leverage collateral to your advantage To speed up the process of being approved for a business loan via collateral, we recommend keeping a detailed record of your assets. There are different ways to go about this, and a quick search online will reveal a wide range of fancy software and services available. In 90 […]
Let’s look at 5 things you can do as a small business owner that could potentially build your business credit. Pay your bills on time. This sounds like common sense, but many businesses will put off paying bills until the last possible moment, often waiting until after the due date to make cash flow work. […]