| The costs of bad credit
As with any other personal loan, the interest rate you get largely depends on your personal circumstances. However, with this particular type of loan, the single most important factor in determining the rate you get is your credit history. A poor credit rating means that the interest rate you will pay will be markedly higher than with other unsecured personal loans. As most bad credit loans are likely to be variable rate deals, you should be aware that your loan repayments will change in line with interest rates. Click here for more on fixed and variable rates. If you intend to pay your bad credit loan off early then make sure that you know what the early redemption penalties (if any) are. Remember: if you want to repair your credit rating over time then you need to make every payment on any loan you are given.
Wednesday Newspaper Review - Irish Business News and International ...
The Irish Independent reports that the economy appears to be headed for a soft landing, according to government revenues for the first three months. Revenues from the housing market have held up, and consumer spending is being buoyed by funds from maturing SSIAs in line with Department of Finance expectations, the first-quarter Exchequer returns show. There is also little sign of problems among companies, despite recent closures, lay-offs and complaints. Corporation tax continues to boom, implying strong growth in profits. Figures from the UK yesterday showed British firms' profits rose to a record high in the fourth quarter of 2006. Receipts Corporation tax receipts hit 924m in the quarter, which was a full 26pc more than had been forecast.
Jewell students change the world, one loan at a time
Students from William Jewell College's Pryor Leadership Studies Program plan to change the developing world, one micro-financing loan at a time.Before they graduate, 29 students in the distinctive Pryor program hope to donate $12,000 through micro-financing loans to entrepreneurs in impoverished countries through Kiva, a California-based nonprofit organization.The students have been raising the money as part of their senior legacy project, which culminates their three years in the experience-based academic program that combines students with majors ranging from business to science to help prepare them as leaders in their future communities.They've already raised just under $5,000, which included $1,300 from their own pockets and $700 from the director of the program, Kevin Shaffstall."One thing we emphasized among each other was that we each needed to give first to show our dedication," said Pryor senior Andrew Gard, a Park Hill High School graduate.
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