Topic: short term loans interest rates

Risk of debt cycle - If a enterprise is not cautious, it would get trapped in a cycle of continuously needing to refinance or take on new loans. Beware: These kinds of loans are thought of predatory because they carry extremely high interest rates and are targeted towards those with bad or no credit. That is offset against any constructive factors you will have accumulated. Your credit score report follows you throughout your entire life, so it’s necessary to build positive references and prote...