All Blogs on: Personal Loans

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Managing money with a budget

What is The Average Personal Loan Balance?

category tagJuly 10, 2023

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 is easier than you think. Get the tools to set your kids on the right track.

5 Tips for Teaching Kids About Money

category tagJuly 6, 2023

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 […]

Consider your budget when selecting your personal loan term length

How to Choose a Personal Loan Term Length

category tagJune 21, 2023

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 […]

What to expect if your bank gets shut down

What Happens to Your Loan if the Bank Fails

category tagJune 19, 2023

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 […]

Learn how to increase your personal loan approval chances.

3 Tips for Comparing Personal Loans

category tagJune 14, 2023

If you’re interested in a personal loan, you have many options. There are tons of lending options from banks and credit unions to online personal loan lenders. The challenge is knowing who to give your business to, who has the best rates and terms, and which lender is right for your financial background. Choosing the […]

Living paycheck to paycheck is stressful and can lead to poor financial decisions

What is Peer-to-Peer Lending?

category tagMay 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 […]

You can cover home improvements, car repairs, emergency medical bills, and much more with a personal loan

Paying off Personal Loans Early

category tagMay 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 […]

If you have an unexpected expense or major purchase, you might be exploring personal loans as an option.

Don’t Make These Personal Loan Mistakes When Applying

category tagMay 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 […]

paying off your personal loan before applying for a mortgage is a good idea
Consider all of your options before applying for a personal loan
Personal loans can be a valuable and convenient financial tool

Pros and Cons of Online Personal Loan Lenders

category tagMarch 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 […]

Helpful ways for how you can pay off your loan faster.

Paying Off a Personal Loan: How to Do It Faster

category tagMarch 1, 2023

If paying off a personal loan is on your 2023 to-do list, you’re in the right place. Whether you took out a personal loan for a home repair that couldn’t wait, an emergency bill that needed to be paid ASAP, or for other unexpected expenses, you can pay it off sooner if you make some […]

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