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Tag Archives: short term loans

Short Term Loans: Know Before You Borrow

This post is from Peter Davis. Enjoy! Many people find themselves in a short term financial fix every now and again and need to borrow some money to meet an unexpected bill or bridge a gap until they next get paid. Taking out a short term loan can be a very useful solution to a temporary financial shortfall problem and provided you pay it back on time, it is something that works well for a good number of people. As with any financial product, like an overdraft or a secured loan, you need to understand the terms you are agreeing to and comprehend what the particular financial service this type of finance is offering, so it is certainly important to know what you are signing up for before you borrow. Taking out a short term loan If you require a relatively small amount of money for a specific purpose and know exactly how long you need it for, then taking out short term finance could be a viable solution provided you understand that there will be interest to pay on the money you are borrowing and financial penalties if you fail to repay the loan on time. Many lenders who offer ...

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Short Term Loans Against Fine Art and Antiques

The following is a guest post. If you would like to submit a guest post, please contact me.  Many people like to hang art in their houses and have a couple of antiques on display in the hopes that they will beautify their homes. What they may not realize is that they have a potential goldmine available to them if they want to take short term loans. More and more often, people are using their art and antiques as collateral to get short term loans so that they can go on holiday, repair their cars, pay their bills, or even beautify their homes further. People often inherit art and antiques, or find these pieces in stores, but they sometimes don’t realize the value that they have at their disposal. With those items, getting a short term loan is pretty easy. All you need to do is take the items to a company that offers short term loans for an assessment. Many companies will even come to your home to assess larger items, or those items you don’t feel comfortable transporting for security reasons. They will assess the item and determine its worth, and give a short term loan based on ...

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