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What is equity and is this concept applied in consumer loan products?

by loansolutions | Feb 13, 2016 | Loan, Money, Personal Loan

Equity is a household term for those involved in financial industries (e.g., consumer loan providers, business owners, mortgage brokers). But if this is new to you and you’ve heard of this term only when you applied for a loan, it helps to understand this concept now...

Start your Company the Right Way! 6 Business Finance Tips for Smart SME Owners

by loansolutions | Feb 12, 2016 | Business Loan, Loan, Money

A company is just like a newborn child. You have to spend time, money and effort nurturing it until it will be strong enough to stand with minimal management. And like a new parent, a newbie entrepreneur may find it exhausting to juggle crucial tasks such as acquiring...

Declined for a Loan? 5 Mistakes to Avoid When Applying for a Loan

by loansolutions | Feb 11, 2016 | Business Loan, Loan

If you haven’t heard yet, the Bangko Sentral ng Pilipinas (BSP) has recently updated its salary loan monitoring guidelines to upgrade the credit standard policies for this loan type. This means, consumers may face stricter evaluation from banks and other loan...

Traps to avoid and negotiation tips to use to get a good car loan deal

by loansolutions | Feb 10, 2016 | Loan, Vehicle Loan

Having a car means you’ll have a more convenient and faster mode of transportation. If you’ve already chosen your model of vehicle and are now looking for financing options, it helps understand how car loan works and secure a loan that’s cost-efficient. WHAT TO AVOID...

Tips, concepts and requirements to know before applying for a BPI personal loan

by loansolutions | Feb 9, 2016 | Loan, Personal Loan

A personal loan is a savior for many Filipinos, especially in times of emergencies. Loan proceeds may also be used to start a business, which is also a dream for many Pinoys. But we often find ourselves out of options or just unaware of the choices we have when...
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