Financial Cents: Posts About Loans

Your Guide to Escaping a Debt Trap

Being deep in debt can feel like you're sinking in quicksand. But hope is not lost! Here are some tips to help you plan your debt trap escape.

Posted on: November 08, 2018


The Benefits (and Drawbacks) to No Credit Check Installment Loans

No credit check installment loans are far from perfect, but they have a leg up on short-term payday loans. Here's everything you need to know.

Posted on: November 07, 2018


10 Good Money Habits to Make Your Friends Jealous

There are better reasons to save money than wanting to make your friends turn green with jealousy. But as motivating factors go, this one ain't half bad.

Posted on: November 05, 2018


What Are the Side Effects of Bad Credit?

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


Can Paying Off Your Student Loans Hurt Your Credit Score?

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


Can You Take out a Home Equity Loan if You Have Bad Credit?

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


Is Your Bad Credit Loan Amortized? If It’s Not, Here’s Why It Should Be

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


What It Really Means to Cosign a Loan

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


What Happens When You Can’t Pay Back Your Personal Loan

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


The 5 Ways a Personal Loan Can Affect Your Credit Score

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