Loans
Welcome to our blog! Here, you find our latest updates about personal finance, as well as useful tips and tricks. Enjoy!
Personal Loan
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September 12th, 2024
The Lendela LowdownQuick financial support: Personal loans are known for their quick approval and disbursement process relative to typical secured loans (renovation and car loans for example), making them very useful in times of...
Personal Finance
September 9th, 2024
The Lendela LowdownWhy comparing loan rates just isn’t enough anymore: From the lack of transparency in the lending industry to the hit on one’s credit score, simply relying on comparing doesn’t cut it anymore.Matching is the new comparing:...
August 30th, 2024
Lendela’s LowdownCredit as a cash flow management tool: Credit can be a valuable tool for managing cash flow when leveraged strategically, especially during emergencies (sudden medical expenses) or for major milestones such as higher education and...
August 8th, 2024
If you're researching personal loan options, you'll likely come across the term effective interest rate (EIR). This is an important concept to understand because it provides borrowers with a standardised way of comparing different loan...
July 11th, 2024
Taking out a personal loan can provide much-needed financial assistance for various purposes, whether it's for debt consolidation, home renovation, or emergency expenses. However, it's crucial to understand the repercussions if you fail...