Personal Loans Can Be Useful Tools for Senior Citizens
Although younger people are the most common consumers of personal loan products, they can be great tools for senior citizens, too. What’s more, older adults hold several advantages when it comes to applying for loan assistance. They have had decades to build …
Payday Loans Can Cause Serious Financial Damage
People tend to use payday loans when they find themselves in a pinch, but it’s important to understand that they may have long-term consequences on your financial health. One such consequence is a negative impact to your credit score. Learn more about …
Five Personal Loan Myths Debunked
In recent years, financial data shows that Americans are more likely to use a credit card than any other mode of payment when they can’t pay for something in cash. The second most popular option, however, is taking out a personal loan. …
How to Avoid Defaulting on Your Student Loan
Many people find it necessary to take out student loans in order to fund their education. While it is usually a worthwhile endeavor, it also means paying that debt back monthly after graduation. Late or skipped payments make a loan delinquent, and …
Senior Citizens May Have an Advantage When Applying for a Personal Loan
Although younger people are the most common consumers of personal loan products, they can be great tools for senior citizens, too. What’s more, older adults hold several advantages when it comes to applying for loan assistance. They have had decades to build …
Six Ways to Pay Off Your Personal Loan Faster
If you’re looking to be free from your debts sooner rather than later, there are tactics you can use to pay your loans off faster. Although they work for any type of loan, they’re particularly useful in gaining freedom from your personal …
Personal Loan Options for Senior Citizens on Social Security
When you’re on a fixed income, it’s easy to imagine a scenario where you need a loan in order to afford a necessary bill like a home repair or medications. A personal loan might be the best option, but many lenders take …
Here’s How Payday Loans May Hurt Your Credit Score
Payday loans can save you in a pinch, but it’s important to understand that they may have long-term consequences on your financial health. One such consequence is a negative impact to your credit score. Learn more about this possible concern from the …
Understanding Personal Loan Terminology
Financial terms, in general, tend to be confusing. This is certainly the case with personal loan terminology, which is why it’s helpful to have a glossary to refer to when trying to decipher loan documents. Click below for a comprehensive resource to …
Six Reasons You Might Opt for Personal Loan
Personal loans are a type of unsecured credit that is generally very flexible. In fact, you can use them for a multitude of reasons, both planned and unplanned. Click through to learn six common reasons people opt to use personal loans for …