Unsecured Loans

If you’re dealing with debt, you’re not alone. According to the Consumer Financial Protection Bureau (CFPB), from 2018 – 2020, Americans spent over $120 billion per year on credit card fees and interest.[1] The good news? You may be able to get some financial relief. Read on to learn about debt relief programs and debt
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If you have a personal loan, paying it off early can reduce your monthly expenses and save you from paying more in interest.  However, having a personal loan paid off early may also come with unintended consequences. It can impact your credit score, cost you hefty prepayment penalties or prevent you from using that extra
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When you borrow money from a lender, you are taking on a risk – and so is your lender. That’s why a loan’s repayment terms and conditions are typically meticulously spelled out. Some loans are short-term and can be repaid within 36 – 60 months (3 – 5 years). On average, long-term personal loans have
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If you’ve ever gone shopping, either online or at a brick-and-mortar retailer, you’ve probably seen something you wanted, wished you had the money to buy it and moved on. Retailers understand it isn’t always easy to buy something if you have to put up all the money upfront. That’s one key reason they now offer
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Personal loans can be a big help when you need money in a relatively short period of time. A personal loan can help you with emergencies, cover home repair and renovation costs, help you consolidate high-interest debt and much more. But when tax time comes around, you may find a personal loan doesn’t come with
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Whether you need an emergency loan, auto repair financing or funds to pay for moving across the country, the number of loan options available can feel overwhelming. And if you need cash fast, have bad credit or have a high debt-to-income (DTI) ratio, a high-interest loan may be your only option. High-interest loans are usually
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Lending money to relatives can have potential benefits and drawbacks for both the lender and borrower. However, family loans can work out well when planned for despite the risk. Similar to other types of loans, family loans have legal requirements, tax implications and IRS guidelines to follow. Family loans need clear communication, including upfront disclosure
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When we think of predatory lending, some of us might imagine the stereotypical loan shark. You know, the slightly menacing lender who lends money at ruinous interest rates and threatens to send someone to break a beloved appendage if we don’t pay on time. The truth is, predatory lending is more common than many borrowers
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Adulting has its fun side, but paying bills usually doesn’t fall in the fun category. For many of us, paying bills can be time-consuming, boring and even stressful. What wouldn’t we give for a convenient, easy, efficient way to pay our bills? Thankfully, a solution exists: automatic bill payments. Automatic bill payments can rid you
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Big expenses usually require big loans. You wanna buy a house? You’ll likely need a mortgage. You wanna renovate your kitchen? You’ll likely make use of a home equity loan. But what about smaller – yet significant – purchases? For those, you might want to consider point-of-sale (POS) financing. We’ll review what a point-of-sale loan
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Let’s talk credit! Credit is money you borrow and must repay. Depending on the type of credit account it is, you can use it for different purposes, like buying a boat, funding a wedding or buying an investment property. There are two main types of credit available to borrowers – closed-end credit and open-end credit.
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Imagine, if you will, a pickle barrel at a grocery store. It’s filled with pickles you can take out, put in a bag and pay for. Of course, you only pay for the pickles you take out. And once you eat the pickles you bought, you can buy more pickles – again and again –
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As a small business owner, if you’re looking to grow your business or fund a startup, a small business loan may help you. There are two types of business loans to choose from: a secured business loan and an unsecured business loan. While each offers its own benefits, there are quite a few differences between
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So you started a business – and business is booming! Now you’re in the happy situation of needing more capital to fund your business’s growth. This is where a business credit card can come in handy. We’ve put together a guide outlining what you need to qualify for a business credit card, how to apply
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Life brings most of us occasions when a little extra money would be helpful. Maybe you’ve been hit with unexpected medical bills, or your home’s air conditioning unit literally gave its last gasp. Or maybe you’re planning a wedding and need to put a deposit down to reserve the venue.  If you have good credit
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Loans are part of how most of us live our lives. Loans help people get educated, buy a car, buy a home, pay for emergency medical bills and much more.  The list of reasons why people need loans is a long one. And, thankfully, there’s an equally long list of loans available for our diverse
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