A blue collar man checks his phone as he finishes up a job

How to Get a Personal Loan with a Low Credit Score

Getting a loan with bad credit isn’t as impossible as it sounds, because many lenders offer personal loans for bad credit. The key to loan approval is proving that your income is sufficient to repay the loan. Here’s what you need to do before applying: Estimate your credit score. Add up your income and debts. […]

student loan debt

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 […]

debt restructuring

Why Should You Consolidate Debt?

Would you think about paying your bills with a dollar that’s been cut into pieces? If you have multiple bill payments, that’s essentially what you’re doing in spreading your money out across several different accounts. This is where consolidating debt can help you overcome the mounting bills and combine your monthly payments. It might seem […]

peer to peer lending

The Growth of Peer-to-Peer Lending

One of the benefits of the 2008 financial crisis and the Great Recession that followed is the growth of a form of alternative lending that’s giving consumers another way to obtain the financing they need. The lending freeze that occurred for several years made it more difficult for borrowers to find traditional lenders willing to […]