Industry News, Resources, and Useful Tips

How Do You Get Prequalified for a Loan? Before borrowing money from a lender, you must qualify for a loan, which involves a review of your finances, credit, and other factors to determine eligibility. But did you know you can prequalify for a personal loan without hurting credit reports and scores? The Purpose of Prequalifying…

Is a Loan to Pay Off Credit Cards Right for You? People take out personal loans for many different reasons, such as paying for home and auto expenses, catching up on bills, paying for holiday gifts, or taking a trip. However, you can also get a personal loan to pay off credit card debt to…

The Best Way to Pay Off Credit Card Debt Quickly How to Pay Off Credit Card Debt Fast Statistics show that nearly half of all Americans have credit card debt from month to month, and the average credit card debt amount in an American household is almost $8,000. So, while you certainly aren’t alone in…

How Long Does Something Stay on Your Credit Report?  People of all backgrounds and income brackets worry about their credit reports. It’s a universal concern in modern American life and something that can either make or break your financial dreams. Different types of financial information can stay on your credit report for two to 10…

To achieve your financial goals, consider making a monthly expenses list and creating a monthly budget. We provide tips to keep up with monthly bills.

Here’s What You Should Know About Getting a Small Personal Loan Various loan options are available when you need to borrow money. However, a small personal loan may be your best option if you need just a small amount of flexible funding to pay for incidentals or an emergency. Small personal loans can be used…

Saving for Vacation? Here Are 10 Tips to Make It Happen. How to Save for a Vacation Everyone has a different travel style, but the desire to get away on a trip is something we all feel from time to time. Vacations can be relaxing, exciting, adventurous, or filled with family and friends. But they…

Do student loans affect credit score? Student loans are ubiquitous when it comes to finding ways to finance higher education. There are usually many sources of helpful information for navigating the process of obtaining student loans, but that’s where the help usually ends. Taking out a loan of any kind can impact your finances in…

The “Intended” Consequences of Passing the 36% APR Lending Law A new study, currently posted for public comment, has found that rate caps prevent Americans from accessing high-quality credit products they need and want. Why It Matters The study, entitled Effects of Illinois’ 36% Interest Rate Cap on Small-Dollar Credit Availability and Financial Well-being, found that after the imposition of…

Personal Loan Documents Checklist There are lots of steps involved in loan applications, but one of the most important is getting all of your documents ready for the lender’s approval. These loan documents prove who you are, back up your financial information, and give lenders the information they need to make an informed decision. Every…