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
Atlantic Financial Blog
Personal loans are among the most common financing that people rely on for their borrowing needs. They’re relatively easy to obtain, and there are usually few or no restrictions on what you can use them for. If you’re considering a personal loan, you wonder whether the interest is tax deductible. The following overview can be helpful in understanding how the … Continue reading
Making good financial decisions is important but your budget should also include vacations or at least the occasional weekend getaway. You might feel stressed about work or concerned about the future. Whatever your situation, you deserve to indulge in different experiences and escape your routine from time to time. But how are you going to fund your beach vacay, mountain … Continue reading
Each year, many people tap into the equity in their homes to fund remodeling projects, pay for weddings, consolidate high-interest debt, or for other reasons. If you’re thinking about borrowing against your home equity, the following are some important things to know to help you make an informed decision. What Is Home Equity? Home equity refers to the amount of … Continue reading
Home equity is the difference between what you owe on your mortgage and what your home is currently worth. Put simply, it is the portion of the potential value of your home on the market that you actually own. The ability to earn or “build” equity on your investment is the biggest single advantage of being a homeowner. It is … Continue reading
At some point in your life, you’ll probably need a loan. Whether you’re preparing to buy your first home, a new car, or want to consolidate debt, there’s always a chance your loan request may be denied. While not being approved for a loan can be disheartening, don’t beat yourself up. Loan denials can happen for a variety of reasons … Continue reading