Unsecured Loans

When you take out a loan, you usually have options regarding how much you want to take out and how long you want the repayment term to be. Personal loans are no different. In this article, we’ll go over what the loan terms are for long-term personal loans, how they compare to shorter loan terms...

Life happens. And when you need extra cash, there are several loan options you can turn to. 401(k) loans and personal loans are two of the most popular options. We’ll go over the basics of each loan option, their pros and cons and help you figure out when one might be a better choice than...

If you’ve ever gone shopping, either online or at a brick-and-mortar retailer, you’ve probably seen something you wanted, wished you had the money to buy it and moved on. Retailers understand it isn’t always easy to buy something if you have to put up all the money upfront. That’s one key reason they now offer...

Whether you’re renting a truck and doing the heavy lifting yourself or hiring professionals, moving costs can add up quickly, especially if you’re moving a significant distance. Moving loans are commonly floated as a way to help people finance relocating. But what exactly is a moving loan? Should you consider getting one? We’ll explain what...

Some loans come with tax breaks, like the ability to deduct the interest you paid or a certain portion of expenses. If you’ve taken out a personal loan or are considering one, it’s natural to wonder what your options are when tax season rolls around. In this article, we’ll explain when you can deduct the...

It’s not unusual to carry credit card debt. In fact, about half of active credit card accounts in the U.S. actually carry a balance from one month to the next. That said, it’s better to pay off your debt if you can.  Two popular ways to pay down or pay off credit card debt are...

Whether you need an emergency loan, auto repair financing or funds to pay for moving across the country, the number of loan options available can feel overwhelming. And if you need cash fast, have bad credit or have a high debt-to-income (DTI) ratio, a high-interest loan may be your only option. High-interest loans are usually...

A personal loan is when you borrow a sum of money and agree to pay it back (with interest) in fixed, monthly installments over time. Unlike a home mortgage or car loan, personal loans can be taken out for several different reasons, like:  When you apply for a personal loan, one of the first questions...

Lending money to relatives can have potential benefits and drawbacks for both the lender and borrower. However, family loans can work out well when planned for despite the risk. Similar to other types of loans, family loans have legal requirements, tax implications and IRS guidelines to follow. Family loans need clear communication, including upfront disclosure...

When we think of predatory lending, some of us might imagine the stereotypical loan shark. You know, the slightly menacing lender who lends money at ruinous interest rates and threatens to send someone to break a beloved appendage if we don’t pay on time. The truth is, predatory lending is more common than many borrowers...

Adulting has its fun side, but paying bills usually doesn’t fall in the fun category. For many of us, paying bills can be time-consuming, boring and even stressful. What wouldn’t we give for a convenient, easy, efficient way to pay our bills? Thankfully, a solution exists: automatic bill payments. Automatic bill payments can rid you...

Big expenses usually require big loans. You wanna buy a house? You’ll likely need a mortgage. You wanna renovate your kitchen? You’ll likely make use of a home equity loan. But what about smaller – yet significant – purchases? For those, you might want to consider point-of-sale (POS) financing. We’ll review what a point-of-sale loan...