Borrowing money has become normalized in the American culture, and we tend to do it pretty recklessly. In 2020, the average American had $25,483 in consumer debt, not including mortgages.[1] Taking on that much debt can have dire repercussions, especially if you borrow from the wrong lender. With the spread of online lending, it’s becoming …
Bridge Lending Solutions Review: Read This Before You Borrow Read More »
There are thousands of lenders in America, and they come in all sorts of variations. You can borrow money from international banks, local credit unions, online lenders, and even your peers these days. Before you commit to any lender, though, you need to do your due diligence. Taking on debt is a high-stakes game, and …
Loan at Last Review: Read This Before You Borrow Read More »
Nearly 80% of Americans live paycheck to paycheck[1]. That means that a single unexpected expense of even a few hundred dollars can wipe out the average person’s bank account. The free market has created dozens of products to help with (and capitalize on) this issue. Some of them, like paycheck advance apps, can be helpful …
Best Paycheck Advance Apps of 2021: What You Need to Know Read More »
If you’re looking for some fast cash, online payday and installment loan providers seem like an appealing resource. You can get through their applications quickly, qualify without a credit score, and get your money as soon as the next business day. There’s a catch, though, and it’s a big one: They are one of the …
Arrowhead Advance Review: Read This Before You Borrow Read More »
The best personal loans have a balance of affordability and accessibility. Take a look at our favorite options below to find the one that matches your needs. Table of Contents 1. Payoff2. SoFi3. Upgrade4. Avant5. LightStream6. Marcus7. Upstart8. RocketLoans9. Best Egg10. Prosper.com11. Lending ClubWhen Should You Take Personal Loans?What are the Best Types of Personal …
The long-term average savings rate in America is just under 9%[1]. At that level, it would take almost a year and a half to save up $5,000 on a $40,000 after-tax income. It’s no wonder that so many Americans resort to debt to help them pay their bills when they struggle so much to build …
Taking on debt is a risky proposition. If you choose the wrong lender, you could wind up in more financial trouble than you were in before. That’s why it’s always best to thoroughly research a provider before doing business with them. It can tell you what you can expect to pay, how prior customers’ experiences …
Credit cards can be a blessing or a curse. Unlike student loans, mortgages, and car loans, you can use a credit card to fund just about any purchase. That flexibility is convenient, but it also gets a lot of Americans in trouble. Approximately 55% of Americans are in credit card debt, and it represents 26% …
How to Get Out of Credit Card Debt Without Paying It All (Or Ruining Your Credit) Read More »
In many ways, credit cards are the most insidious type of debt. Student loans, mortgages, and auto loans produce something resembling an asset, but the purchases we make with credit cards are often the ones we regret the most. And since credit card interest rates are higher than most other forms of borrowing, those monthly …
Americans aren’t great at saving money. The average savings rates reached an all-time high of 33%[1] due to the pandemic in April 2020. But before the year was out, it went back down to 13%[2]. That widespread lack of financial cushion makes online lenders like Oxford Financial Services a tempting way for many people to …
Oxford Financial Services Review: Read This Before You Borrow Read More »
