Get back on track and out of your upside down car loan. Many Americans use car loans to purchase a new or used car since very few of us have enough in savings to cover the vehicle cost upfront. Around 31% of American adults say they rely on car loans to pay for a car […]
Why refinancing your auto loan could benefit you. Living expenses are on the rise in general, and that includes the cost of driving. The last few pandemic years have not been a great time for car shopping. That’s especially true if you needed to finance a car. If you financed a car in the past […]
3 ways you can get the best personal loan rate. Like a credit card, you can use a personal loan to cover almost any purchase. Whether you’re looking to upgrade your kitchen appliances, repair your home, or cover moving expenses, a personal loan can help. Unlike credit cards that come with variable interest rates, personal […]
You’ve got the urge to travel, but getting away is certainly not cheap right now. Use these insider tips to adjust how you book and make plans to save money on travel. 1. Start checking airfare months before you plan to travel. Flights are generally more expensive if you wait to the last minute to […]
What to know if you are considering a wedding personal loan. Planning a wedding can be really fun but also financially draining. The average cost of a wedding in 2023 is expected to be $29,000, up from $28,000 in 2022, according to Zola. That factors in expenses like flowers, cake, catering, and more. Having a […]
How does your personal loan balance compare to the average? Personal loans are popular among consumers because they are flexible and relatively easy to obtain. Personal loans also tend to come with competitive interest rates and don’t require you to put down collateral. Since personal loans come with fixed rates, consumers find them easier to […]
Teaching kids about money can help them avoid major money mistakes. Personal finance isn’t a subject typically taught in school, so your kids may need your help learning about money management. Graduating school with a solid understanding of personal finance can give your kids a leg up and help them avoid major money mistakes. Here […]
Protect your money and your career. Prepare for a layoff. As chatter increases around a potential recession, many Americans are worried about layoffs. Results from a recent CNBC workforce survey found that 80% of workers are concerned about a recession. Those worries could be founded based on a survey from Insight Global which showed that […]
Home equity loan or cash-out refinance? Which is the better choice? When you need funds for a major expense, you might be considering a home equity loan or cash-out refinance. As a homeowner, you have the unique benefit of being able to tap into the equity you build over time. Home equity is the value […]
Rising Car Debt is a Problem Car prices have surged since the pandemic. As a result, many consumers are paying car payments that are more than $1,000 a month. In addition to higher car prices, the Federal Reserve has been raising interest rates in an attempt to calm inflation, driving up auto loan balances. These […]
Tips for choosing a personal loan term length. As a consumer, you have many choices when it comes to borrowing money if you have good credit. A personal loan is one of the most flexible options for borrowing. Unlike credit cards, personal loans have fixed interest rates. With auto loans or mortgages, you can only […]
Learn What Could Happen to Your Loan if Your Bank Fails In recent weeks, we have seen the highest-profile bank failures in the U.S. since the 2008 financial crisis. This has left many Americans worried about the state of the country’s banks and what could happen to their money and outstanding loans if their bank […]
