Personal Loan Terminology: A Helpful Glossary
For many people, financial terms tend to be confusing. This is certainly the case with personal loan terminology, which is why it’s helpful to have a glossary to refer to when trying to decipher loan documents. Click below for a comprehensive resource …
Debunking Personal Loan Myths
In recent years, financial data shows that Americans are more likely to use a credit card than any other mode of payment when they can’t pay for something in cash. The second most popular option, however, is taking out a personal loan. …
Learn the Truth About These Personal Loan Myths
Financial data shows that Americans are more likely to use a credit card than any other mode of payment when they can’t pay for something in cash. The second most popular option, however, is taking out a personal loan. With so many …
Tips to Avoid Student Loan Default
Many people find it necessary to take out student loans in order to fund their education. While it is usually a worthwhile endeavor, it also means paying that debt back monthly after graduation. Late or skipped payments make a loan delinquent, and …
How to Find the Best Personal Loan for Your Needs
Personal loans are available at banks, credit unions and online lenders, and they can be used for a wide variety of purposes. However, they’re all different when it comes to interest rates, fees and repayment terms. Check out this helpful guide as …
What Happens When You Default on Your Loan?
Most people who take out a loan have every intention of paying it back on time. However, life can get in the way of our best-laid plans, meaning loan defaults happen fairly frequently. Read on to learn what default means for your …
Personal Loans Can Be Useful Tools for Senior Citizens
Although younger people are the most common consumers of personal loan products, they can be great tools for senior citizens, too. What’s more, older adults hold several advantages when it comes to applying for loan assistance. They have had decades to build …
Payday Loans Can Cause Serious Financial Damage
People tend to use payday loans when they find themselves in a pinch, but it’s important to understand that they may have long-term consequences on your financial health. One such consequence is a negative impact to your credit score. Learn more about …
Five Personal Loan Myths Debunked
In recent years, financial data shows that Americans are more likely to use a credit card than any other mode of payment when they can’t pay for something in cash. The second most popular option, however, is taking out a personal loan. …
How to Avoid Defaulting on Your Student Loan
Many people find it necessary to take out student loans in order to fund their education. While it is usually a worthwhile endeavor, it also means paying that debt back monthly after graduation. Late or skipped payments make a loan delinquent, and …