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 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
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
Are you considering taking out a personal loan to pay off credit cards? Consolidating your card balances in a single loan is an effective way to manage debt that might be getting out of control, but it takes patience and discipline to make it work. Let’s take a look at personal loans and whether they might be the right option … Continue reading
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
Personal loans and credit cards each allow you to borrow money for necessary expenses, but with significant differences in how you receive funds and pay them back. We look at how the pros and cons of a personal loan vs. credit card match your financial needs. Personal Loan vs. Credit Card: Borrowing for Your Needs Both personal loans and credit … Continue reading
