Personal Finance

How Peer To Peer Loans Can Work With Bad Credit

Peer to peer lending is an online platform that allows you to borrow directly from an individual instead of from an institution. Peer to peer lending is growing in popularity because it’s a simple process that’s a win-win for borrowers who pay low interest rates and investors who earn high interest rates. You can borrow for as ... More

Two Debt Repayment Strategies

Do you want to pay down your debt fast without going broke? Here are two strategies to try: •Debt avalanche: Here’s how the debt avalanche strategy work: You pick the debt with the highest interest rate and pay that one off first. From there, you work your way down to the next highest interest rate debt, then the next. Eventually, you ... More

Make Your List and Check it Twice: What to Look for on Your Credit Report

Financial experts recommend checking your credit report once per year, and it’s such an essential step to your financial health that it’s available annually for free. Still, many people are left wondering what to do next. Once you’ve accessed your credit report, what should you look for? The basic answer is errors, and here’s where ... More

Personal Finance Tips to Pass Along to Your Kids

Studies show that we develop our relationships with money – both positive and negative – as children. The examples we see from our parents, and the lessons they provide, stay with us unto adulthood and shape how we manage our finances. For this reason, it’s important to be intentional about how we speak to our children about money. ... More

Why Applying For A loan At A Credit Union Is A Good Option

Credit unions are similar to banks but are owned by their members. That’s why when applying for a loan they make a great option because they are nonprofit organizations that pass along earnings to members in the form of lower fees and higher customer service. If you need to find a credit union go to findacreditunion.com to locate a ... More

Why You May Be Getting A Flood Of Pre-Approved Loan Offers In The Mail

If you’re getting a bunch of pre-approved offers in your inbox, you may be wondering why. These companies simply ran some basic info about you and have guessed that you are likely able to pay it back. This doesn’t mean you automatically get the loan; you’ll have to take extra steps for that. But, it does mean you may pay back. ... More

Why A Personal Loan May Be Good For Debt Consolidation

A personal loan with a set payoff period is a great option to choose if you want to consolidate debt and there are many great deals out there, if you’re willing to shop around. Benefits include: •One monthly payment •A set interest rate •You don’t need a perfect credit score During this process, it’s best to apply for ... More

A How-To for Checking Your Credit Report

Since your credit is so important to your financial health, experts recommend that you check your credit report once per year. In fact, it’s such an essential step to your financial health that it’s available annually for free. Still, many people are left wondering what to do next. Once you’ve accessed your credit report, what should ... More

Getting A Collection Agency To Remove A Collection

It used to be the only way for a collection item to disappear from your credit report was to wait seven years from the date it was first reported. But, now you can do a little bit more. If you want an item removed from your credit report, you can contact the collection agency and ask them. You would ask for a “pay for delete” deal, ... More

What to Know Before You Take Out a Second Mortgage

The term “second mortgage” usually refers to an additional home loan on the same property on which you already have one mortgage. If you own a home and find yourself in need of an infusion of cash – say, to pay for a wedding or unexpected medical expense – a second mortgage may be the right tool for you.  As with any financial ... More