Personal Loans

When it comes to personal loans, we want to help you make smarter financial decisions. Our experts explain the in’s & out’s of personal loans, highlight the types of loans available – their advantages and disadvantages – and how to improve your chances of getting approved. We also alert you to personal loan scams you should avoid & highlight how personal loans compare to traditional student loans or auto loans.

5 Upsides of a Personal Loan

5 Upsides of a Personal Loan

5 Upsides of a Personal Loan

From banks and credit unions to family members or friends, taking out a personal loan or line of credit can be a solution for paying off high-interest debt or tackling big bills. Once you figure out the details of the personal loan process, you can use a personal loan calculator to find out which amount,… Read More

Stop! Before You Co-Sign That Loan, Consider These 4 Things

Stop! Before You Co-Sign That Loan, Consider These 4 Things

Stop! Before You Co-Sign That Loan, Consider These 4 Things

Co-signing a loan for a close friend or family member is undoubtedly an incredibly generous thing to do. However, while you may feel your loved one is totally capable of managing the loan, it’s vital to understand your role and responsibilities as a co-signer before jumping into an agreement. With that in mind, here are… Read More

Can You Get a Loan for Solar Panels?

Can You Get a Loan for Solar Panels?

Can You Get a Loan for Solar Panels?

The price of electricity has consistently increased for the last several years, and it’s projected to continue rising in the future. This summer, the U.S. Energy Information Administration expects consumers will spend 5.9% more on electricity than they did in the summer of 2014. If you don’t like the sound of that, maybe it’s time… Read More

4 Ways to Cut the Cost of Life Insurance

4 Ways to Cut the Cost of Life Insurance

4 Ways to Cut the Cost of Life Insurance

Thinking about your own death is not fun; paying for something that will be useful only when you die can be even less so. But protecting your assets and dependents in case something happens to you is important. Once you calculate how much life insurance you need, you can start to look for the right policy… Read More

How to Take the Misery Out of Saving for Retirement

How to Take the Misery Out of Saving for Retirement

How to Take the Misery Out of Saving for Retirement

While we have all been told how important saving for retirement is, it can be hard to cut back on personal spending to watch your hard-earned money sit in an account you won’t have access to for years or even decades. Retirement can sound far away and even boring when you are in the prime… Read More

Obama, CFPB Seek to Regulate Payday Loan “Debt Traps”

Obama, CFPB Seek to Regulate Payday Loan “Debt Traps”

Obama, CFPB Seek to Regulate Payday Loan “Debt Traps”

Payday lenders would face a new set of restrictions under rules being proposed Thursday by the Consumer Financial Protection Bureau. The rules include requirements that lenders ensure borrowers have the ability to repay the loans, and limits to the number of times consumers can renew the loans. The proposal covers a wide set of short-term,… Read More

The Most Underutilized Debt Payoff Tool

The Most Underutilized Debt Payoff Tool

The Most Underutilized Debt Payoff Tool

Getting out of debt, particularly consumer debt, is the cornerstone of financial freedom. It frees up cash for saving and investing. It enables us to get off the treadmill of living month-to-month. And being debt-free just feels great. A lot has been written on how to get out of debt. It’s not exactly rocket science…. Read More

A Better Option for Payday-Loan Borrowers?

A Better Option for Payday-Loan Borrowers?

A Better Option for Payday-Loan Borrowers?

I have a friend who has a brother with a problem. Every other month or so, he receives a call or a message. His brother needs cash. Right away. He won’t be able to pay his rent without it. He always promises to pay his brother back—as soon as the next commission payment hits the… Read More

8 Ways to Feel Rich When You’re Not

8 Ways to Feel Rich When You’re Not

8 Ways to Feel Rich When You’re Not

At some point, most of us have been there, trying to stretch a small paycheck around bills that only seem to get bigger. And the often-parroted strategies for making ends meet are largely the same: buy secondhand, clip coupons, wait for sales, etc. But there’s more to life than just figuring out the best way… Read More

3 Life Insurance Benefits You Did Not Know About

3 Life Insurance Benefits You Did Not Know About

3 Life Insurance Benefits You Did Not Know About

We all know life insurance can help provide financial security for your beneficiaries when you pass on, but death benefits are not the only thing these policies can provide. A properly designed life insurance policy can complement funding your own needs or reaching your savings goals as well. It’s important to determine not only how… Read More

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