Financial Cents: Posts About Loans
A bad credit score can negatively affect your everyday life (and your personal financial outlook) in ways you probably wouldn't expect.
Posted on: October 15, 2018
Sometimes, your credit score will react to certain financial behavior in unexpected ways. What happens when you pay off your students loans is a great example.
Posted on: October 08, 2018
Even if you have a bad credit score, you stand a much better chance of getting approved for a home equity loan—but you'll put your home at risk.
Posted on: October 04, 2018
If you think all bad credit loans are the same, you are sorely mistaken. Non-amortized loans can easily trap borrowers in a dangerous cycle of debt.
Posted on: October 02, 2018
If you wouldn't be comfortable taking out a given loan for yourself, then you'll want to think twice about cosigning that loan for someone else.
Posted on: September 28, 2018
If you default on your personal loan, you're going to enter a world of debt collectors and garnished wages. Instead, try talking to your lender first.
Posted on: September 27, 2018
Certain parts of borrowing a personal loan can raise your score, other parts will lower. But if you borrow responsibly, your score will turn out just fine.
Posted on: September 20, 2018
Unfortunately, the realities of payday lending make low interest rates impossible. Luckily, there are plenty of better (and cheaper) ways to borrow money.
Posted on: September 19, 2018
Unlike most types of debt, student loans have to meet an incredibly high standard of "undue hardship" in order to to be discharged through bankruptcy.
Posted on: September 14, 2018
College students are known for scraping by on a tight budget, which is why taking out a payday loan could send them spiraling into serious debt.
Posted on: September 07, 2018