Financial Cents: Posts About Loans

Is There Really Such a Thing as a “Low Interest” Payday Loan?

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


You Can Discharge Student Loans in Bankruptcy … But Good Luck

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


Here’s Why College Students Should Avoid Payday Loans

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


5 Personal Loans With Easy Approval (And Why That Can Be a Bad Thing)

While there are many great bad credit loans that come with easy approval, there are even more out there that are ... not so great. 

Posted on: September 06, 2018


What’s the Best Way to Tackle Student Loan Debt?

Your strategy will depend on what kinds of student loans you've taken out, what interest rates you pay, and how much extra money you can spare.

Posted on: September 06, 2018


Can a Payday Lender Garnish Your Wages?

If you fail to pay back a payday loan, having your wages garnished by a court judgment is certainly a possibility.

Posted on: August 21, 2018


Can You Pay Off a Personal Loan With a Credit Card?

If you are considering this option, you need to do the math and make sure you're really saving money. Otherwise, you might just be shifting your debt from one place to another.

Posted on: August 07, 2018


Should You Cosign That Loan? 5 Things To Consider

Cosigning a loan or lease can be a great way to help a friend or a close relative, but it can also put your finances in serious peril.

Posted on: July 31, 2018


Financial Priorities: Which Debts Should You Pay Off First?

There's no one right answer, but you'll probably want to order your debts by interest rate or by total balance—whichever works best for you.

Posted on: July 25, 2018


Can You Get a Title Loan Without a Car Title?

What’s in a name? Surely, title lenders don’t mean that you need a literal car title in order to get a title loan … right?

Posted on: July 16, 2018