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...
Debt Relief
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...
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...
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...
Can I Settle My Credit Card Debt Myself?
You avoid calls because you don’t want to talk to creditors demanding payment on past due bills. A growing stack...
Understanding the Credit Lifecycle – Part 2: Pre-Charge-off Collection
Part 2 of a 5-part series on the Credit Lifecycle. If you missed the first article on Understanding What Happens...
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.