What NOT to Say to a Debt Collector
When a debt collector calls, you probably treat it like a high-pressure sales situation. Avoid when possible, say no repeatedly,...
Debt Collection
What Happens When You Ignore DebtCollectors?
Loans create a legally binding contract between you and the lender. When you miss payments, you are in breach of...
How to Handle Debt Collectors
Daily calls from bill collectors, threats of legal action, and calls to family and friends cause stress and anxiety. You...
5 Myths About Debt Collections That Could Cost You Money
You never imagined you would fall behind on your bills. After all, you are a responsible adult. You go to...
What Happens If You Ignore Old Debts?
Creditors have different responses to missed payments. Factors that impact what actions a creditor is likely to take include the...
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...
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...
Understanding the Credit Lifecycle – What is First-Party and Third-Party Collections?
Part 3 of a 5-part series on the credit lifecycle. This series on the Credit Lifecycle also includes Understanding the...
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.