Tagged: Bankruptcy

Use Of Payday Loans After Bankruptcy

Use Of Payday Loans After Bankruptcy

Use Of Payday Loans After Bankruptcy A payday loan can be most welcome after an individual has filed for bankruptcy if it is used responsibly. Payday loans are an option worth pursuing when you find yourself short on cash in between paydays. And because the use of a payday loan is not restricted even after bankruptcy, the borrower can spend the loan proceeds in the manner most needed for financial well-being. What does that mean? This means that you can use a post-bankruptcy payday loan to cover the cost of emergency automobile repair or to cover medical bills for you...

How To Manage Credit Cards After Bankruptcy

How To Manage Credit Cards After Bankruptcy

How To Manage Credit Cards After Bankruptcy When people get credit cards, many think that they can purchase anything they want practically for free, that they can just “charge it on the credit card” and worry about paying it later. However, these same people often spend their paychecks recklessly on everyday items and are not able to pay their regular bills, so they now have to think of how to manage their credit cards after bankruptcy. Monetary Caution is Needed with Credit Cards After Bankruptcy The first thing that people should do with their credit cards after bankruptcy is evaluate...

Home Equity Loans After Bankruptcy – Choosing A Low Rate Lender

Home Equity Loans After Bankruptcy – Choosing A Low Rate Lender

Home Equity Loans After Bankruptcy – Choosing A Low Rate Lender After a recent bankruptcy, your loan options are limited. Those needing quick cash for home improvements, wedding expenses, or college tuition may be unable to secure the necessary funds. However, if you own a home, getting approved for a home equity loan following a bankruptcy is a realistic option. Understandably, banks and credit unions are reluctant to approve an unsecured loan or credit card application. Because home equity loans are secured by your property, lenders are more equipped to take a gamble. However, if the loan cannot be repaid,...