Buy Now, Pay Later (or “BNPL”) has exploded in popularity recently. While each BNPL company’s offerings are different, the most common is a simple zero percent interest installment loan. When…
Tag: loans
“What is refinancing? I hear people talking about refinancing their home, their student loans, but what is refinancing and how does it work?” We frequently hear a version of this…
Taking a loan from your 401(k) plan may seem like a good idea when you’re hit with a financial setback, especially when borrowing money from a bank may be difficult…
If you have multiple federal student loans, you may be thinking about consolidating them into one loan. This can be done by applying for consolidation with no application fee, no…
Refinancing student loans is similar in many ways to refinancing other loan options like mortgages or auto loans. There are two primary reasons you might consider refinancing a student loan.…
Your 401(k) plan is money meant to be used in retirement. Most financial advisors say that borrowing from your retirement plan should only be considered as a last resort, after…
Your credit score is a tool potential lenders use to determine how likely you are to repay borrowed money on time. So, is it important? Your credit score matters, if…
You’ve heard of the 7 wonders of the world; places like the Taj Mahal, the Roman Colosseum, and the Great Wall of China. But do you know what the 8th…
In a recent survey 66% of college graduates reported they had regrets about taking on so much debt in student loans, especially for degrees with fewer job prospects. Others wished…