All Blogs on: Refinance

Can you refinance a personal loan? And is it the best option? Personal loans help individuals bridge gaps between their income and expenses or fund major life events. However, once you’ve taken out a personal loan, circumstances might change, leading you to wonder if there’s a better financial option available. Refinancing may be one of […]

6 Ways to Handle Overwhelming Student Loan and Credit Card Debt When the weight of student loans and credit card debt starts to feel overwhelming, it’s time to take proactive steps to regain control of your finances. Managing overwhelming high-interest debt can be challenging, but with the right strategies and a clear plan in place, […]

Personal loans can be a useful financial tool when you need quick access to funds for just about any purpose, from consolidating debt to covering emergency expenses. However, life can be unpredictable, and you may find yourself in a situation where paying back a personal loan is difficult. Personal loans accounted for $225 billion in […]

Committing to a car payment is a significant fiscal responsibility that requires careful consideration and planning. from the Federal Reserve Bank of New York. Auto loan delinquencies are at their highest since the Great Recession. Planning for your car payment before you buy a car can help you avoid financial hardship. When faced with a […]

Get back on track and out of your upside down car loan. Many Americans use car loans to purchase a new or used car since very few of us have enough in savings to cover the vehicle cost upfront. Around 31% of American adults say they rely on car loans to pay for a car […]

Why refinancing your auto loan could benefit you. Living expenses are on the rise in general, and that includes the cost of driving. The last few pandemic years have not been a great time for car shopping. That’s especially true if you needed to finance a car. If you financed a car in the past […]

3 ways you can get the best personal loan rate. Like a credit card, you can use a personal loan to cover almost any purchase. Whether you’re looking to upgrade your kitchen appliances, repair your home, or cover moving expenses, a personal loan can help. Unlike credit cards that come with variable interest rates, personal […]

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 […]

Home equity loan or cash-out refinance? Which is the better choice? When you need funds for a major expense, you might be considering a home equity loan or cash-out refinance. As a homeowner, you have the unique benefit of being able to tap into the equity you build over time. Home equity is the value […]

Personal loans and mortgages are common types of debt. Here’s how they impact each other. Many Americans use unsecured personal loans to pay off high interest debt, make major purchases, and cover unexpected expenses. As of Q4 2022, the total unsecured personal loan balance was $222 billion, up from $167 billion the previous year, according […]

Is Debt Consolidation or Debt Settlement Right for Me? There are benefits and drawbacks to both options. You’re tired of feeling anxious about your debt. You want to feel financially free again and out from under the burden of high-interest debt. There are multiple debt payoff strategies, but two common options are debt consolidation and […]

There are many options for personal loans. Here’s how to make the right choice. Of course, it’s wise to not spend money you don’t have, but many of us find it difficult to confine our purchases to just the money we earn each month. Whether it’s to cover a major purchase or emergency expense, many […]