LLC Loans: How They Work

What is an LLC Business? An LLC, short for Limited Liability Company, is a business structure that combines the best of both worlds: the flexibility of a partnership and the liability protection of a corporation. Unlike shareholders in a corporation, the owners of an LLC, known as members, enjoy a crucial benefit—they are not personally […]

Allotment Loans for Federal Employees

Allotment Loans for Federal Employees

Allotment loans provide a unique financial solution for federal employees, including postal workers, who need extra funds to meet personal expenses. These loans allow borrowers to repay directly from their paycheck through an allotment, making repayment more manageable and hassle-free. An advantage of these loans is that they often don’t require a credit check, making […]

Are Payday Loans a Good Idea to Build Credit?

At 123 Money Loans, we understand the importance of building a strong credit history. In today’s financial landscape, creditworthiness plays a crucial role in accessing various opportunities, from securing loans to obtaining favorable interest rates. One common question that arises is whether payday loans can serve as a viable option for building credit. In this […]