What’s a home equity loan?

Updated Sep 18, 2020
By Melissa Cook
What’s a home equity loan?

After years of making payments on a home mortgage, the home starts to build equity. A home equity loan is when the homeowner takes out a loan using the home as an asset to...

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How to Get a Personal Loan

Updated Sep 18, 2020
By Aaron Sarentino
How to Get a Personal Loan

First off, to get a personal loan you will need to have a good credit rating. Applying for a loan with a poor credit rating will most likely lead to denial. Or if you...

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Important Factors to Consider When Purchasing a Car While in Debt

Updated Apr 14, 2020
By Melissa Cook
Important Factors to Consider When Purchasing a Car While in Debt

Cars are fickle things that require a lot of maintenance. Oil changes, tire rotations, and yearly tune-ups are all part of owning a vehicle. Unfortunately, the financial aspect of purchasing a car can be...

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Important Factors to Consider When Purchasing a Car While in Debt

Updated Feb 05, 2020
By Minh Tong
Important Factors to Consider When Purchasing a Car While in Debt

Cars are fickle things that require a lot of maintenance. Oil changes, tire rotations, and yearly tune-ups are all part of owning a vehicle. Unfortunately, the financial aspect of purchasing a car can be...

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Debt and Marriage- What You Should Know Before You Say ‘I Do’

Updated Sep 11, 2018
By Minh Tong
Debt and Marriage- What You Should Know Before You Say ‘I Do’

It’s quite interesting the phrase “for richer or poorer” is part of most wedding vows, as it implies that your spouse’s financial situation is in fact, a critical aspect of any marriage. This is...

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Consumer Debt in America-Where Our Country Stands Today

Updated Aug 27, 2018
By Minh Tong
Consumer Debt in America-Where Our Country Stands Today

As Americans, we’re pretty much all in debt. How bad is the debt crisis exactly? That depends on who you ask. And when. The Federal Reserve keeps a close eye on trends influencing lending,...

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What Happens to Your Debt After Death?

Updated Aug 22, 2018
By Melissa Cook
What Happens to Your Debt After Death?

We humans spend an inordinate amount of our lives worrying about death. Increasingly, Americans are concerned financially about their families after their demise. According to the Federal Reserve, leaving your family with big bills...

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The Breakdown of Interest Rates

Updated Aug 20, 2018
By Aaron Sarentino
The Breakdown of Interest Rates

On the surface, borrowing money seems straightforward: a friend loans you twenty bucks, and you give it back when you get paid. Easy. If only the rules were so simple with banks and credit...

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Why Are So Many Millennials in Debt? The Hip but Ugly Truth

Updated Aug 15, 2018
By Melissa Cook
Why Are So Many Millennials in Debt? The Hip but Ugly Truth

Millennials are known for their love of travel, social media, and avocado toast. But increasingly America’s millennials are being defined by debt. Since they are now the country’s largest generation—83.1 million people, according to the...

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