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I want to let you know about Can Fintech Lower charges for High-risk Borrowers?

I want to let you know about Can Fintech Lower charges for High-risk Borrowers? Ken Rees is the founder and CEO of online fintech loan provider Elevate. The organization acts credit-challenged borrowers at rates far less than alleged payday lenders. His company also aims to assist clients boost their credit scores and in the end increasingly gain access to reduced rates of interest. (more…)

Why Payday Advances Are Bad

Why Payday Advances Are Bad Are pay day loans bad? The quick answer is: “YES!” Listed here are seven reasons why you should prevent them without exceptions. 1. High-Interest Costs Many individuals don’t realize the real interest on payday advances. They see $15 for each $100 borrowed and think the attention price is 15%, which appears reasonable in comparison to other credit items and interest levels. Nevertheless, just what people don’t comprehend is the fact that interest on the charge cards as well [...]