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Universal Credit charges an APR between 11.69% and 35.93%. The origination will cost you between 5.25% and 8.99%, while late payments are $10. It isn’t the lowest charge, so you must consider all the pros and cons. You can get a loan ranging from $1,000 to $50,000 with repayment terms of 3 or 5 years.If you are to divide your portfolio with equal allocations to each of the 10 companies, you have an average annual dividend yield of 4.3%. A quick calculation shows you need about $279,000 to earn $1000 per month, or $12,000 per year, with a 4.3% yield.

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