May 30, 2023 Peer-to-peer lending is a term you might have heard of, but what is it? Peer-to-peer (P2P) lending is an alternative for borrowers who want to avoid traditional financial institutions and prefer dealing with investors who may be interested in financing their loans. Peer-to-peer lending is on the rise. The global peer-to-peer lending market is predicted […]
May 5, 2023 Personal loans are popular among consumers because they are extremely flexible, allowing you to borrow money for just about any purpose. You can cover home improvements, car repairs, emergency medical bills, and much more. Some personal loans lenders will also allow you to pay off your personal loan early. While it’s generally a good idea […]
May 3, 2023 3 Personal Loan Mistakes to Avoid When Applying Personal loans are pretty common among Americans thanks to their flexibility and lower qualification requirements. If you have an unexpected expense or major purchase, you might be exploring personal loans as an option. If it’s your first time applying for personal loan funding, you’ll want to avoid […]
April 28, 2023 Personal loans and mortgages are common types of debt. Here’s how they impact each other. Many Americans use unsecured personal loans to pay off high interest debt, make major purchases, and cover unexpected expenses. As of Q4 2022, the total unsecured personal loan balance was $222 billion, up from $167 billion the previous year, according […]
March 29, 2023 Being in debt is common, but that doesn’t make it any less stressful. If your debt is becoming overwhelming, you might be asking yourself, “Is debt consolidation for me?” When you consolidate debt, you use one loan to pay off your other debts. For example, if you have multiple credit cards, you can pay them […]
March 23, 2023 A Personal Loan Can Help Your Credit Score Credit scores are the key to borrowing money, whether it’s through a loan or credit card. If you have a poor score, it can be difficult to find a lender or get approved for a credit card. Those lenders that will approve a person with bad credit […]
March 17, 2023 While 2022 is in the rear-view mirror, one thing that isn’t is high inflation. While the U.S. economy slowed in the 4th quarter, it still grew at a 2.9% rate despite high interest rates and widespread fear of a recession. While that might seem like good news, it also means that inflation has remained higher […]
March 14, 2023 Personal loans are beneficial for many reasons. They can be used for just about any purpose, and they’re relatively easy to qualify for, as long as you find the right lender for your financial situation. If you are in need of funding, you might be considering taking out a personal loan. Here are personal loan […]
March 6, 2023 What are the Pros and Cons of Online Personal Loan Lenders? Personal loans are a valuable and convenient financial tool. They can be used for just about any expense, unlike other loans like mortgages or car loans. How much you can borrow through a personal loan varies depending on the lender, your financial background, and […]
February 17, 2023 If you are in the market for financing, you’ve probably come across several lending options. Things can get confusing when you’re new to borrowing, making it difficult to decide which is the right funding choice for you. One question many borrowers have is what is the difference between a prime and subprime loan? A key […]
February 8, 2023 Learn more about the personal loan approval process and how it works. A personal loan is a quick and convenient way to get money to cover a wide range of expenses from home improvements to car repairs and emergency bills. There are many personal loan lenders, but lender qualifications vary from lender to lender. Learn […]
January 28, 2023 If you’re looking to finance a car, here are the best ways to get the money you need. Car financing plays a big role in how Americans buy vehicles. It can be the difference between a person getting the car of their dreams versus settling for something less. About 35% of American adults relied on […]
