Atlantic Financial Blog

Budgeting & Saving

How to Handle a Financial Crisis

You’ve been hit with a financial emergency and don’t know how to pay for it. Maybe you lost your job or a medical issue came up. Maybe your car or home needs sudden repairs. These are all challenging situations that many of us face several times a year.  If you have an emergency fund, you can easily draw on that … Continue reading

A man worries about how to handle a financial crisis when his car breaks down
Credit & Debt

What Can I Use a Personal Loan For?

A personal loan is a convenient and popular type of installment loan but maybe you’re wondering, what can I use a personal loan for? Fortunately, there are few restrictions on how you can use this financial tool, but personal loans do come with clear advantages and disadvantages. Read on to find out how personal loans work and what they’re best … Continue reading

A young man considers what to use a personal loan for.
Credit & Debt

What Can Be Used as Collateral for a Personal Loan?

Personal loans are among the most flexible and common loans that lenders issue. The money you borrow can be used for nearly anything, and qualifying is relatively easy. Although personal loans don’t usually require collateral, there are some situations where collateral may be beneficial.  There are also many different things you can use as collateral. This flexibility may help you … Continue reading

A woman calculates the value of collateral used for a personal loan.
Credit & Debt

Pros and Cons of Personal Loans

A personal loan is a convenient financing tool offered by credit unions, banks, and other lenders. If you’re thinking about applying for a loan, the following comparison of the pros and cons of personal loans can help you decide whether it’s the best borrowing option for your needs. 7 Pros of Personal Loans Personal loans are popular because they offer … Continue reading

A woman considers the pros and cons of personal loans.