Posts tagged ‘loans’

Wish to Take a Loan? Here’s How You Need to Start

Updated: May 9, 2018 | General Information, Guest Posts | 1 Comment

Anyone who is familiar with banking, finance or trading is familiar with the term loan. Loans are a convenient method of buying or investing in something that you need, want or intend to get immediately, with convenient payment options like EMI. In recent years, different types of loans have emerged with different packages and benefits. […]

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This is What Happens When You Don’t Pay Your Debts

Updated: July 13, 2018 | Guest Posts, Personal Finance | 2 Comments

Being unable to pay your debts will reflect negatively on your credit history, making it tough to take out loans in the future. It is important to keep in mind that once you decide to borrow from any lender, you take yourself to be responsible enough to pay your debts on time. Applying and paying […]

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Reader Mail #20: Personal, Housing and Business Loans in the Philippines

Published: August 5, 2011 | Personal Finance, Reader Mail | 5 Comments

I usually receive around three text messages every week from numbers I don’t know – all offering personal loans from different commercial banks. Sometimes, their offers are very tempting… terms such as “no collateral”, “instant approval” and many others would really make you consider applying. I myself have wondered at times how I could leverage […]

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Borrowing Money In Plain English

Updated: September 21, 2011 | Personal Finance | 7 Comments

All rich people borrow money – they all have credit and loans. Do you believe that statement? I do because I’ve experienced how powerful it is to leverage on credit. More than 70% of the start-up capital of the internet cafe I own was borrowed from an investor. Furthermore, a lot of the equipment I […]

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Are You Eligible To Apply For A Business Loan? The Five C’s of Credit Analysis

Updated: June 28, 2016 | Business | 1 Comment

Whether you’re planning to start a new business or thinking of expanding your current business, applying for a business loan from the bank can help you speed things up. Leveraging on credit is one of the best tools for business growth. Simply saving up for that start-up capital or waiting for your business to generate […]

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How To Make Friends Pay Back The Money They Owe You

Updated: October 11, 2018 | Life Lessons, Personal Finance | 73 Comments

A friend asks if he could borrow money from you. He promises to pay by next month. You, being a good friend, loaned him some cash to help ease his financial burdens. That was a month ago and now, your friend is avoiding you. Whenever you get a chance to talk to him regarding his […]

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What Do You Do When Family Members and Relatives Ask For Your Financial Support?

Updated: April 27, 2017 | Life Lessons, Mindsetting, Personal Finance | 62 Comments

Filipinos have very close family ties and as a child, I was raised to honor this tradition. And since this is a big part of our cultural upbringing, it is often considered inappropriate to decline giving financial support to family members and relatives. Recently, a friend had an issue related to this. I specifically asked […]

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