How to Avoid a Default Judgment – Never Wait Until a Creditor Sues
Nobody likes dealing with creditors and debt collectors trying to recover past due balances. The process starts off cordial, but...
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Myth: Credit Counseling is Always a Better Option than Debt Settlement
Reality: Credit counseling might be the best debt relief option if you can pay your account's full balance within five...
What is the Difference in a Credit Delinquency and a Charge-off?
Not all late payments are created equal. Falling behind on credit card payments could have different consequences depending on the...
Myth: Bankruptcy is Always a Better Option Than Debt Settlement
Reality: Bankruptcy should always be used as the last resort because it does the most damage to your financial well...
Best Ways to Cope With Credit Card Debt Stress
Millions of Americans struggle with crippling credit card debt. Unfortunately for most of them, it is not just their financial...
Understanding the Credit Lifecycle Part 5:
What Happens if My Debt is Sold? This is Part 5 in a 5-part series on the Credit Lifecycle. Previous...
The Key Factors Impacting Your Credit Score
Credit scoring companies gather information from creditors and create a proprietary credit score evaluating each consumer’s ability to repay debt....
Understanding the Credit Lifecycle – What Happens When My Account Goes to Charge-Off?
Part 4 of a 5-part series of the Credit Lifecycle. The series also includes posts on Understanding the Value of...
REPRESENTATIVE EXAMPLE OF APR
If you borrow $30,000 over a term of 5 years (60 months) with an APR of 4.99% you will pay $566.00 each month. The total amount payable will be $33,959.97, with total interest of $3,959.97.
ANNUAL PERCENTAGE RATE (APR)
Annual Percentage Rate (APR) represents the annualized interest rate you are charged for borrowing. It is the combination of the nominal interest rate and some additional costs such as fees involved when incurring debt. Our lender offers APRs for personal loans, cash advance loans, installment loans and debt consolidation loans from 4.99% to 35.99%. Since New Start Capital does not directly issue loans, we cannot deliver any specifics or guarantee the APR you will be offered. The APR depends solely on your lender’s decision, based on various factors including your credit score, credit history, income, and some other information you supply in your request. For more information regarding the APR contact your lender.