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2017 Finance Solutions That Help You Out

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If you have enjoyed the festive period in 2016 but you are determined to make the most of 2017, it makes sense to think about your money and make sure you know the most of your money. There are a number of 2017 finance solutions to choose from, and you should be looking for ways that will help you move forward in the most comprehensive manner.

There are many options to consider and choose from but of course, your own personal circumstances may mean that you don’t have as many options as you would like. This is why you need to consider your own personal circumstances and choose the option that is best for your needs.

Traditional loans

It is natural that people will instantly think of traditional loans when it comes to 2017 finance solutions. However, if you need money in a hurry or you have a credit score that is not as good as it could be, you may find that traditional loans are not suitable for you. Traditional lenders want to make sure that applicants can pay back the loan in a safe and productive manner and this is why they are unwilling to deal with people who suffer from poor credit ratings.

2017 finance solutions

There is also the fact that traditional loan lenders take a while to review applications, which means you won’t get many at short notice. Traditional loans can be included in the range of 2017 finance solutions but they may not provide you with the solution you are looking for.

Payday loans are 2017 finance solutions

Another one of the most apparent 2017 finance solutions people will think of relate to payday loans. This is a style of loan that is very well known but most of its notoriety is down to the difficulties associated with payday loans. These loans cost a lot of money to pay back and they need to be paid back at short notice. You should look to avoid this style of loan if you can.

Guarantor loans

Of all the 2017 finance solutions available to choose from, guarantor loans are likely to be the most attractive. This style of loan provides you with an affordable APR and this is down to the fact that the lending company looks at the credit score of the guarantor in determining the APR.

If you want to improve your finances in 2017, make sure that guarantor loans are included in your range of 2017 finance solutions.

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Guarantor Loans

A Representative Example

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48 Monthly Repayments, borrowing £2000
Total Amount Payable: £4067,04
48.9% APR Representative
Rate of Interest 25.84% Fixed Flat Rate
Monthly Repayment: £84.73