Recent Posts

Debt vs. Equity Financing for your Business

In order for a business to grow, business owners must tap into various financial resources.  These resources are typically broken down into two categories, debt and equity.  In this blog article we will compare the two. Debt Financing Debt financing involves taking out a loan from a bank, a financial institution, or possibly a friend/family … [ Click to read more... ]

How to Build Your Credit

While paying for everything with cash or debit cards is doable if you have the funds, establishing credit is important when it comes to future purchases that you won’t be able to pay using cash. It is important to establish a credit history for a variety of reasons: If you need a loan at some point, you will receive better interest rates if … [ Click to read more... ]

What Five Factors Make Up Your FICO Credit Score?

When it comes to credit scores, the FICO score is the model used by the majority of banks and by those that grant credit. The score range for FICO is from 300 to 850, with a higher the score, the better. A consumer has three FICO scores, with one coming from each credit report provided by the three major credit bureaus. These three bureaus are … [ Click to read more... ]

Should I Refinance My Student Loans?

If you have federal student loans, you may be aware that there is an option to consolidate them.  In doing this, be advised that there is no benefit provided with respect to your interest rate (your interest rate will be a weighted average of your existing loans).  You can also alter your repayment terms by consolidating, but in reality, you will … [ Click to read more... ]

When is Debt Consolidation NOT a Good Idea?

Debt consolidation is an ideal option for some debtors but it is not necessarily the right option for everyone.  Most of us understand that debt consolidation would be a bad idea if you know you are not going to be able to meet the terms of the program, which can last upwards of five years, or if you are simply going to continue to do the same … [ Click to read more... ]

When Should I Consider An Unsecured Personal Loan?

Unsecured personal loans require no collateral, and are guaranteed solely by the borrower's commitment to repay them.  These types of personal loans can have a bad reputation when confused with payday loans, title loans, cash advances or other short-term forms of financing with high interest rates.  For that reason, most people turn to credit cards … [ Click to read more... ]

How AmOne Helps You Borrow Smarter

Have a financial goal or need that has you searching for money? Not sure where to start?  Say hello to AmOne! As a completely free service, we have been dedicated to helping consumers get the best loan result possible for all credit situations since 1999. We use our one of a kind technology to quickly match your loan request with our network … [ Click to read more... ]