Articles on: Economy

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Purchasing a used car instead of a new one can save you money

Used Car Tips: Shop Around for Financing

category tagJune 6, 2023

Used car tips to help you save when financing. Buying a used car can be a great way to save money and stick to your budget. A used or preowned car can be much less expensive than buying a similar new model. The average used car price as of January 2023 was about $26,000. On […]

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 […]

Current mortgage rates are high which is leading to more renovations instead of selling a home.

3 Options for Financing Home Renovations

category tagMay 26, 2023

A home renovation can make your home more enjoyable to live in, may increase your home resale value, and make it easier to sell your home. Many homeowners are looking to renovate instead of selling their home since mortgage rates are still high, despite dipping recently. About 17% of homeowners are spending more on improvements […]

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 […]

paying off your personal loan before applying for a mortgage is a good idea
Research types of loans available to you when purchasing a car

Car Loans: Tips for Keeping Up with Your Payments

category tagApril 19, 2023

How to Keep Up with Your Car Loan Payments Many Americans rely on car loans to be able to drive. Car loans have been on an upward trend for the past several years. The number of car loans has grown about 29% over the past decade to about 116.43 million loans. With higher interest rates, […]

Lenders like to see that you have managed various types of debts including personal loans

Could a Personal Loan Help My Credit? 2 Ways it Does

category tagMarch 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 […]

a personal loan for inflation make sense

Personal Loan for Inflation: Could a Loan Help Fight Inflation?

category tagMarch 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 […]

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 […]

A personal loan can be the perfect choice for home improvements when you need quick funding.

Is a Personal Loan for Home Improvements the Best Option?

category tagFebruary 13, 2023

Learn more about a personal loan for home improvements Some people purchase older homes, even though there are known issues, because they are cheaper. For many, especially during hot markets like the one that just occurred from 2020 to 2022, it’s the only way to buy a home. These homes may require things like a […]

Car financing has big role in how we buy vehicles

Best Ways to Finance a Car in 2023

category tagJanuary 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 […]

When you’re trying to save money, start with a budget and review all expenses.

The Worst Thing to Spend Money on If You’re Trying to Save

category tagJanuary 22, 2023

Here’s what experts say you should cut if you’re trying to save. As we approach 2023, many people are considering New Year’s resolutions. One of the most popular resolutions is to save money or get on financial track. According to Fidelity’s Financial Resolutions survey, saving more money was the number one resolution respondents gave. About […]

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