January 8, 2020

Credit after divorce

Divorce is usually not a pleasant thing. Not only that two people go their separate ways afterwards. Separating the household and the many costs associated with a divorce can also be very painful. Many separated people must first take out a loan to pay all the costs of the divorce and to be able to start a reasonably regulated life in a new environment. All of this should also be possible without problems with a good income. Because loans, especially installment loans, are granted up to 20,000 times a day in Germany. The situation is somewhat different, however, if the spouses took out a loan that was not yet fully…

January 5, 2020

Unsecured payday loan calculation meaning

To fully understand the meaning and / or the definition of unsecured payday loan it is necessary to refer to the historical term of “unsecured”.  So a first definition or meaning of unsecured is that of manual or handwritten writing. Even today, any word with the prefix “chiro” indicates manual skills: eg, the chiropractor (the one who heals with his hands), the fortune teller (the one who reads the hand), etc. Transported in today’s financial sector, the meaning of unsecured financing indicates any type of unsecured credit guaranteed by the signature alone, even if this is more than one. Some sites report that the unsecured would be only the one-sided,…