Loans and financing open up whole new options and possibilities for what you can accomplish. However, one of the biggest hurdles to conventional loans and some other forms of borrowing is the time required to process your paperwork. Depending on the type of loan, the loan provider, and your finances, completing the loan process and actually getting approved...
10 Tips to Help You Get Out of Debt
There’s a four-letter word that can wreak havoc on your finances—debt. While loans and credit cards are useful financial tools, their interest expenses can rack up if you don’t pay them back on time. If you’re wondering how to get out of debt, you’re in the right place...
Rainy Day Funds: Why You Need One
Saving is a common component for anyone dealing with finances. It can lead to you buying a car or house or affording a lush vacation. A rainy day fund isn’t as exciting as those prospects, but it is an important saving strategy for when trouble strikes, for example, the Covid-19 pandemic.
What is Installment Credit?
What is installment credit? It’s another term for an installment loan or installment debt in which you make fixed installment payments, whether weekly, bi-weekly, or monthly payments, over a set period of time. Mortgages, car loans, and personal loans are common types of installment credit...
FICO Score 101: How to Increase FICO Score
Looking to understand FICO scores and how you can improve your own? Our complete guide breaks down what a FICO score is, what's included, and how to start increasing yours today! Read on.
What Is Predatory Lending? A Complete Guide
All of these unfair lending practices are designed to benefit the lender, who often employs over-aggressive sales tactics to force you into deals. This lending practice is designed to take advantage of the average borrower’s...
How Do Payday Loans Work?
for an online payday loan or go in-person through a payday lender at a physical branch, depending on where you live. Upon approval, you receive the payment in the form of cash, check, or through...
Credit Score 101
A credit score is a three-digit number ranging from 300 to 850, which signifies your “creditworthiness,” or your general ability to repay borrowed money. The higher the number, the better your credit. Note that these...
No Credit Check Online Loans: The Ultimate Guide
A no credit check loan is just what it sounds like: a loan in which the lender does not run a credit check on you, the borrower, before lending you money. For people with bad...