Monday, March 28, 2016

Best Loan Rates for a Fashionista

January 18, 2013 by  
Filed under Misc

Fashion doesn’t have to be expensive, but it still costs money. Sometimes as a fashionista you might run into the occasional issue of low cash flow. No money means no shopping, and for a fashion icon this isn’t good. Short term loans are extremely beneficial to the working woman who loves fashion. In today’s society a fashionista must be a unique trend setter and ahead of the game. With the way the economy has fallen it is getting harder and harder to make a living an earn money. When cash runs low borrowing from a short term loan company can potentially help the temporary financial setback. Fashion doesn’t sleep and it won’t wait therefore using a loan when needed is probably the fastest and easiest way to obtain cash.

The problem with short term loans or any type of loans is the rates. High rates can spell trouble for a woman who can’t afford to make high payments each month. A low rate means lower monthly payments. A low APR such as 378.96% will save you 40 percent more as opposed to the average rate of 603.84 percent. If the loan that is borrowed is a high amount then the payments will be more unlike a lower loan amount. Larger loans cost more and pay more therefore the monthly payment will be more as well. Searching for a low rate is important for a woman who loves to shop. Lower rates allow you to manage your spending budget. With every loan comes a purchase price. The higher the loan, the higher the price. Interest rates can really tear down a woman’s finances so make sure the loan company isn’t trying to deceive you with high interest rates. Most short term loan companies require you to have a job and good credit. There are those companies who accept bad credit but they charge a high price and give a large interest rate. Making your payments on time will pay off and benefit you in the future should you ever choose to renew a loan.

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