When you are in a tight spot and just need help getting through the next one or two pay checks or a few months, this is a great form of loan. Doorstep loans provide cash in your hand immediately and can resolve any financial difficulties or issues. The convenience of the personal services can be a big help if you are unable to leave your home. Cash In Hand Pawnbrokers - Here to help. Cash In Hand - What do we do.
Pawnbroking. We can lend you money in Colchester and Braintree, Essex on the value of your jewellery. Interest: 8 mnth.
Interest rate is at 1. Types of Personal Loan. There are two major types of loan in the Philippines - secured and unsecured loan. A secured loan requires the borrower to have some sort of collateral as payment security for loan lenders.
In the event that the borrower fails to pay the loan amount, lenders will take the asset and use it as a payment for the loaned money. On the other hand, an unsecured loan refers to a Personal Loan without collateral, but this often comes with a higher interest rate. It is considered higher risk since it doesnt have any form of security (aka the aforementioned collateral).
Fortunately, there are better ways to raise cash in a crisis. Sometimes, its possible to get by without borrowing money at all. You can sell off belongings or ask for an advance on your paycheck. You can also apply for emergency aid, such as Medicaid or SNAP (food stamps), or seek help with paying off other debts. But even if you need to borrow money, there are better places to turn than a payday loan office.
In many cases, friends and family can help you out with a loan. Pawn shops and many online lenders offer small loans, even to people with bad credit.