Category: investment

The Top 4 Winning Attitudes of a Wise Borrower

Being a wise borrower in the modern times can be a real challenge. There are many pitfalls that a borrower must face, ranging from internal issues down to unexpected financial situations. If you want to become a wise borrower, you don’t need to connect spirituality and finance (though it may help).

You don’t need to mediate three times a day or donate all of your belongings. Rather, you have to embrace some core principles that wise borrowers have applied.

Below are the top 4 winning attitudes that every borrower must adopt:

Foreknowledge About the Loan

Foreknowledge is not just important in borrowing but in other life aspects as well. If you have foreknowledge, you won’t be clueless about the lender’s loan offers. At every turn, you can answer the inquiries of the lender; this is useful if you’re applying for huge and complex loans. How can you practice this? Always spend time researching even before you need the loan. Take note of the best lenders in town. Understand the way they handle business.

Initiative to Repay

Repayment initiative is an attitude that many borrowers lack. After applying for a loan, they tend to forget about it. Once the due date arrives, they play cat and mouse with the lender. It will even lead to greater stress as collection agents and authorities become involved. To boost your initiative, always put yourself in the lender’s shoes. What would you do if a borrower attempts to run away from you?


The wise borrower is always inquisitive. Whenever he is facing the lender or lending agent, he will pitch all possible questions. No stone will be left unturned. In this way, the borrower can get all the data points needed before applying for the loan. Pro tip: prepare your questions before facing the lender. Jot them down. Don’t go for the lender’s offer just because it’s inexpensive.


Resourcefulness is another useful attitude or ability that can be advantageous for you. If you’re resourceful, you can find numerous ways to repay the loan. Many borrowers pulled this off nicely through the means of freelance projects, constant hustling, and sharing win-win opportunities. If you want to practice resourcefulness, you should manage your inhibitions. Widen your network. Create your freelance profile, and apply for jobs that you’re skilled at. Sooner or later, your resourcefulness can help repay any outstanding loan according to .

Adopting these four attitudes can give you a better financial insight. More importantly, lenders will also love doing business with you. If you think you already possess these attitudes, contact a lender today and send your application!

Top 3 Bank-Issued Loans for 2017 and Beyond

If you’re looking for a safe and reputable lender, you should go to a large bank within your area. Most bank-issued loans are officially sanctioned, but the bank may have strict requirements. Over the years, bank loans have varying rates of popularity. A loan type can only stay in the spotlight for few years until global demand changes rapidly. This 2017, you can try applying for these top 3 bank-issued loans:

Personal Loan

Personal loans have become more popular this 2017 because they’re flexible and can be repaid fast. These loans are available to employees, freelancers, and virtually anyone who has a stable source of income. While personal cash loans do not offer huge amount brackets, their terms are manageable. As long as you have the discipline to repay on time, a personal loan will work effectively for you. This loan can be used for emergencies or for funding some activities.

Auto Loan

Many people wish to have their own cars. This demand has been widely recognized by banks, which made them release numerous auto loans every year. Auto loans have varying styles and nature, allowing you to choose from the packages offered by banks. Most banks will also recommend the best cars in the market, making the whole process easier. Once you’re approved for the auto loan, you’ll be driving a new car in no time!

Mortgage Loan

Just like cars, people wish to have their own homes. Mortgages have been dashing in and out of popularity, but they’re never totally excluded from the top tier list. One of the top reasons is the flexibility of a mortgage loan. Depending on the rate that you agreed for, you can repay the mortgage in monthly agreements or short, dedicated bursts. It still depends on the decision of the bank. Since a mortgage loan stretches on for years, you have to be prepared for it.

Even if a loan type is popular, it doesn’t mean that you’ll have an easier time repaying it. A loan is popular because it has offered huge advantages for clients around the world. Before choosing a loan, make sure that you have a repayment plan in place. You should also figure out your reason before sending out an application.

Top 3 Loans for Startup Digital Nomads

The digital nomad movement combines two powerful aspects: freelancing and traveling. Many people are choosing this movement because of the inherent flexibility and opportunities at hand. However, being a digital nomad is not that easy. At first, you’ll encounter difficulties on setting up your mobile services. Oftentimes, money is needed upfront.

Fortunately, borrowers can apply for some loans. Not all loans will cater to digital nomads, especially those who are just starting up. But if you strive hard, you can find the best lending companies in manila. Here are some loans that you can try applying for:

Personal Loans

Personal loans are flexible types of cash loans in the Philippines with sure approval that can be used for different purposes. Since lenders are not strict regarding what you’ll do with a personal loan, you can just apply right away.

Another great thing about the personal loan with sure approval in the Philippines is the manageable repayment terms. Interest rates are not that high, granting considerable financial leverage. Many lenders are also competing for personal loans, so you can expect for smaller rates this year.

Loans from Cooperatives

Cooperative loans are underappreciated since many people are focused on banks and other well-respected organizations. Since cooperatives are operating in rural areas and small towns, they do not get too much attention from urbanites. However, using cooperative loans is actually a good strategy especially if you’re on the go. By visiting one area after another, you may encounter different cooperatives ready to lend money. Just be vigilant about lenders that may give you outrageous rates.

Cash Advance

Cash advance loans are useful for temporary purposes, such as capital or emergency purposes. Applying for a cash advance is easy especially when you apply it from metrobankdirect or use your bdo credit card. You just need to find an online lender and send an application form along with other documents needed. Make sure that you pay a cash advance loan on time so that you won’t end up with penalty fees and large interest rates. You also need to be wary about the active cash advance lenders in your area.

Once you got your loan, the next phase of your journey begins. At this phase, you need to form your business profile, objectives, and scope of services. Next, it’s time to hunt for clients. The climb will be long and difficult, but you shouldn’t give up. The rewards of a digital nomad lifestyle are bountiful!