When it comes to loans or any act of borrowing financial assistance from a moneylender or from a bank you will eventually know about deferment.

Deferment or what can be called Forbearance, it allows you to stop (temporarily) your federal student loan payments. Or even temporarily reduce the amount you pay. … Read more

Just like any other loans, may it be a loan from a licensed money lender, Medium-term loan has its' pros and cons.

Among the benefits you can have are:
1. Set monthly fees
2. Fixed interest rates
3. Improved Credit score
4. Many uses covered since term loans can be used for a variety … Read more

Paying your loan is actually a must, whether you got it from a bank or even from a licensed money lender.

In worst case scenario that you can't pay your payday loan, expect a barrage of bank overdraft fees, constant collection of calls, hit after hit your credit. And eventually a … Read more

Medium term loans are just of of the varieties of loan and not just the typical act of borrowing from a moneylender.

It is generally regarded as a loan with payback period of about 1 -5 years.

Loan is the act of lending or borrowing money when your financial resources are quite in a brink. That's when a moneylender comes in. While when it comes to debt, it may appear as the same but this is typical something that owed or due.

Since a loan is a term used for the act of borrowing money, property or other material goods from another like a … Read more

Loan is a term used to coin a thing that is borrowed. This is usually in a sum of money borrowed from a money lender or a licensed money lender. Though this is to be repaid with interest. Hope this helps.

Before applying for a home loan, you have to check yourself first and ask if you really need it. It should be your last resort if you are in pressing need of financial assistance particularly if it involves purchasing a house.

It got pros and cons. But among the advantages you can get is you'll … Read more