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Top 5 alternatives to Borrowing Money

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Top 5 alternatives to Borrowing Money Whether it’s a struggle to buy a new home or to start a business, almost everyone considers borrowing money from friends and relatives as the safest option. However, at times like these when we are in desperate need of money, we do not realise the drawbacks of borrowing and also do not look after the better alternatives that have 0% interest rates. So, before you think borrowing is the right path, let us introduce you with other options. Maximize your Income When you are short of money the best thing to do without borrowing money is going out and earning more money on the side. You can also ask for a raise in your current job or can sell household items online or by word of mouth to get extra cash. Depending on how much respectful relations you have with your manager, you can request an advance wage by explaining your emergency. Form a Saving habit Learning to budge...
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How to get an assured small business loan in UK?

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Are you trying to get money for your startup or small business? Then it's important to familiarize yourself with the process of applying for a small business loan.   Although finding, applying for and getting approved for small business loans can be difficult, but the more prepared you are, the better are loan approval chances. Here is a small guide that will explain to you how to get a business loan in five steps: 5 Steps to Get A Small Business Loan Ask yourself why you need this loan or how this loan will help your business. Forex: to start your business, to grow your business, to manage day-to-day expenses or to handle inventory/payroll.   Find the right type of business loan based on your needs.   Compare options and find the best lender for you based on the cost, interest, and terms of each loan.   See if you are eligible for that loan by gathering information about your credit score, operating time of your business, cash flow projecti...
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Location: London, UK
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5 Personal Loan Tips Everyone Must Follow

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During financial trouble, a personal loan is truly a blessing to meet expenses that arise out of unexpected events and circumstances. But what are the things that you must keep ready to make a smooth transaction? There are important things to consider before filing for a  personal loan to a bank or lending company in London . Not carefully considering these factors may lead to more losses than earnings. I. Interest Rates Personal Loan is the best option for people in need of money but sometimes it becomes the most expensive loan also. Banks and financial institutions vary on interest rates from each other so it’s better to inspect and compare various lenders before applying for a loan. Remember , the interest on a big loan for a long period is much larger than the interest on loan for the short term. II.  Avoid sending multiple loan applications Don’t apply for a loan with multiple institutions. Even we do not support sending multiple app...
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Location: London, UK
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