MoneyGram is a money transfer service. They offer different services including money transfers, money orders and bill payments to individuals that don’t have bank accounts or don’t want to use their normal bank account. They claim to have 350,000 locations around the world for pickup. You might want to give them a try. But you should read their reviews here on US-Reviews for the best experience.
About MoneyGram MoneyGram was born on January 1, 1940. The company’s mission is to link people through its worldwide money transfer network. MoneyGram is licensed in all 50 states, it is also licensed as a money transmitter by the banking department of the State of New York. They are also licensed by the Georgia Department of banking and finance.
Products and services of MoneyGram MoneyGram is a worldwide source for sending money, paying bills, and loading prepaid cards amongst others. If you need urgent customer service assistance, you can reach their team of personnel attendants via the email or phone number provided on their website. You can explore their services via online, mobile devices, at a kiosk or in a local store. They also connect consumers in different ways that might be convenient for them.
Compliments, complaints, and tips for MoneyGram Have you ever received or send money via MoneyGram? Was your experience worth writing home about? Will you pride in suggesting or recommending them to other people that are looking for means or ways to send money to other people in the different parts and regions of the world? Do they have friendly personnel attendants? Your feedback will help other people choose wisely.
Things you should consider before taking out a loan! What would you do when life gets rough and you can’t afford paying your bills? Will you borrow money from friends, family or take out a loan? Even when life is great, keep the rainy days into account, no matter how long the good time lasts.
And when life gets financially tight and hard, if it so happens that you did not save up? What would you do without emergency savings?
Well, you are not the only one! In fact, debt levels are rising. And did you know that most of us, in time of need, turn to personal loans when an emergency hits. Especially in a time of a health crisis, not many people are able to cover their medical bills in the US, or pay off their credit card debts.
Before taking out a loan, you will have to be absolutely confident in your decision in taking a loan. However, if you are completely and you are sure you need a loan, then have a look our reasons to consider:
1. Ask yourself why you need a loan?
If you are considering taking out a loan, make sure that you know why and what you need to borrow money for! You should only and always borrow money for an emergency. Only borrowing money for things out of your control, like emergencies, only then should you borrow money!
2. Do your research into the fees and expense of a loan Many people regard their own back when they need a loan. However, your bank might not have the best loan for you. Therefore, it is advisable to do research online into other loan providers, you might get a loan with lower fees and better requirements.
3. How much can you afford?
Can you afford taking out a loan? Despite needing a loan, you should think about more than just needing money right now! Paying off a loan is not just about monthly payments but the total amount you will have to pay back. Make sure you can afford to pay the monthly fee, you don’t want to be late on paying off your loan.
4. Do you understand the terms of the loan? Before signing for a loan, make sure you understand the terms! Sometimes, some people forget to read the small letters or blindly trust their loan provider and end up being surprised.
Therefore, make sure you understand the following before signing the papers on your loan and avoid additional fees or hidden costs;
Do you know how much the loan processing fee is? -Make sure you know what you are paying the lender. If you read anything about such fees, you can also ask the lender to waive the loan origination fee.
What happens when you are not able to pay the fees? -Some lenders will charge you a fee when you are not able to cover your payment. Therefore, as mentioned before, make sure you can pay your installments.
Want to pay your loan off earlier? -If you are able to pay off your loan early, make sure that it will not cost you extra money to pay off your loan early. This is also known as the ‘prepayment penalty’.
Don’t be late paying your payments! -Some lenders will charge you a fee if you are late paying your payments and this will hurt your credit score. Therefore, make sure you can afford to pay your monthly payments!
5. Be financially smart from a young age!
If you start saving money at a young age and you want to borrow money when you are older, you will be able to enjoy low rates and payments. If you have a bad credit score, then you will have to pay back much more compared to when having a good credit score.
Therefore, find out what your credit score is before taking out a loan and analyse if you can afford to borrow the money. In addition, if you can improve your credit score before taking out a loan, then improve your credit score first!
And for those that are considering taking out a loan, have a look at online reviews about lenders before you make a decision. Online reviews could uncover hidden fees or other important things you should know about loans and lenders.
Here is a shortlist of lenders who have a good rating based on reviews:
Read independant reviews, consumer experiences, feedback and complaints right here! Get to know the best shop place your (online) order. Everybody together now decides which shops are worthy and which aren't!