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Personal Loans Articles | Page 4

When you're trying to get out of debt, a personal loan may be right for you. Get more information about personal loans and whether they are a good fit for your situation.
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Recent Articles

A young couple looks unsure about signing a financial document in a financer's office.
Dec. 23, 2022 | By Emma Newbery

These 4 Utah Banks Are 'Exporting Predatory Lending' Across America

Predatory lenders are getting around state rules and charging high APRs nationwide. Find out how you can protect yourself.
A woman sitting in the driver's seat of a new car and talking to a salesman through the window.
Dec. 18, 2022 | By David Chang, ChFC®, CLU®

These Are the Best Ways to Finance a Car Purchase in 2023

Buying a car is a huge investment and one that can often be difficult to finance. Here's how to do it in 2023.
A woman looking over her bills with a laptop and notepad at her kitchen table.
Dec. 15, 2022 | By Dana George

4 Ways to Consolidate Your Personal Loans in 2023

Total U.S. household debt hit $16.5 trillion in 2022. Keep reading to learn how consolidation can help you wipe your debt away.
An adult male rubbing his temple as he looks at paperwork.
Dec. 7, 2022 | By Dana George

Consumers Beware: This Loan Can Charge Interest of More than 100%

There are few business models more mercenary than car title loans. Here's how they operate and how you can avoid becoming a victim.
A person driving a car.
Dec. 5, 2022 | By David Chang, ChFC®, CLU®

This Is How Much a Car Loan Could Cost You in 2023

The cost of cars just got more expensive. With higher interest rates, find out what the average auto loan costs heading into the new year.
A salesman handing over the keys to a new car.
Nov. 26, 2022 | By David Chang, ChFC®, CLU®

Is it Easier -- or Better -- to Get a Car Loan for an EV?

When you factor in the lower cost of ownership, the longer lifespan of EVs, and the tax credit, it's clear that electric cars are a wise investment. Here's why.
Business man going over contract with couple.
Nov. 19, 2022 | By Dana George

Tori Dunlap Highlights the Sneaky Way Loan Companies Keep You in Debt

Lenders are in the business to make money and aren't anxious to share tricks for getting out of debt faster. Here's how you can outsmart them.
A couple pays bills on the phone and with cash at home.
Nov. 13, 2022 | By Ashley Maready

The Average American Spends 9.5% of Their Income on Debt Each Month. How Do You Compare?

Have you ever run the numbers to figure out your debt-to-income ratio? It's a number worth knowing. If yours is higher than you'd like, here's what you can do.
A man studies paperwork.
Nov. 12, 2022 | By Ashley Maready

Is a Salary Advance From a Bank Better Than a Personal Loan?

Need money in a hurry? Here's what to consider when deciding between a salary advance and a personal loan.
Young couple working together on a home remodel project.
Nov. 11, 2022 | By Ashley Maready

Are Home Improvements the Only Thing You Can Use a Home Equity Loan For?

There's a misconception that home equity loans must be used to remodel your home. Read on to learn why that's wrong, and other reasons you might consider a home equity loan.
A driver charges their electric car at an outside charging port.
Nov. 10, 2022 | By Kailey Hagen

Is a Green Auto Loan Right for You?

Electric and hybrid vehicles can be expensive to buy, but a green auto loan could help with that. Here's what you need to know.
Man waxing his car in front of house.
Nov. 9, 2022 | By Lyle Daly

5 Reasons to Stay Far, Far Away From Title Loans

Millions of Americans borrow against their cars every year with expensive title loans. Learn why you should avoid this predatory financial product.
A woman looking at her finances with a laptop and phone.
Nov. 9, 2022 | By David Chang, ChFC®, CLU®

4 Tricks to Pay Off Your Personal Loans Early

If you want to pay down your loans faster, look no further. Read on to learn four tricks that can help you save thousands on interest and erase your debt sooner.
A worried-looking woman looking something up on her laptop while sitting at her kitchen table.
Nov. 6, 2022 | By Dana George

3 Things Lenders Will Not Tell You About Your Next Loan

Thanks to federal laws, lenders must be transparent. However, a lender is unlikely to offer these pieces of advice.
A bank representative chatting with a customer while sitting on the same side of a table.
Nov. 6, 2022 | By David Chang, ChFC®, CLU®

Should You Consolidate Your Loans in 2023?

When faced with a large amount of debt, many people choose to consolidate their loans to simplify their finances. Read to learn if it's right for you.
A man sitting at a desk and placing payment for a bill in an envelope.
Nov. 4, 2022 | By Ashley Maready

4 Reasons Using a Personal Loan to Pay Off Your Credit Card Is a Bad Idea

Taking out a personal loan is the perfect way to get out of credit card debt, right? Read on to learn why you might want to reconsider.
A man and woman meeting with a financial professional at his desk in an office.
Nov. 2, 2022 | By Dana George

5 Things You Should Know About How Personal Loans Work Before Applying

While personal loans may be relatively simple to apply for, it pays to know what you want in a loan. Read on to learn about four simple facts that can give you direction.
A smiling woman sitting in the driver's seat of a car.
Nov. 2, 2022 | By David Chang, ChFC®, CLU®

Looking to Save Money on an Auto Loan? This One Trick Can Save You Some Serious Cash

Doing your homework before buying a car is important. Find out why not bringing your own financing is one of the biggest mistakes car buyers make.
Woman using computer in an office with skeptical look on her face.
Nov. 2, 2022 | By David Chang, ChFC®, CLU®

People Are Tapping Into Their Retirement Funds for Big Expenses. Here Are the Pros and Cons of a 401(k) Loan

You've spent years saving your 401(k). It's your money so should you borrow from it? Read on to see the pros and cons and why you may want to look elsewhere.
A man standing in his living room and looking between two pieces of paper held in each hand.
Oct. 24, 2022 | By Dana George

3 Ways an Amortization Schedule Can Make You a Smarter Borrower

An amortization schedule is your behind-the-curtain look at the true cost of a loan. Here's how that information can make you a smarter borrower.
A worried person in an office leaning their chin on their hands.
Oct. 23, 2022 | By David Chang, ChFC®, CLU®

In a Pinch? These Are the Four Loans You Can Get the Quickest

If you need cash fast, these four options will help you get the money you need. Read to learn more.
A couple look over loan documents with their loan officer.
Oct. 22, 2022 | By Dana George

Looking for a Budget Rescue? A Personal Loan Could Be the Answer

High-interest debt feels like a trap. One way to escape that trap may be through a consolidation loan.
A man sitting in front of his laptop at home and making a phone call.
Oct. 19, 2022 | By Dana George

3 Steps to Take When You Can't Make Your Personal Loan Payment

A personal loan can be a great tool for consolidating high-interest debt or paying for special projects. Here's what to do if you have trouble making a payment.
A couple talking to a bank officer at a desk.
Sept. 29, 2022 | By Dana George

3 Ways a Payday Alternative Loan Can Get You Out of a Bind

Payday lenders often charge more than 400% interest. Here's how a payday alternative loan can keep you from visiting a predatory lender.
A worried woman with her hand on her chin sitting at a desk with papers and her laptop.
Sept. 28, 2022 | By Dana George

5 Ways a Personal Loan Can Go Very Wrong

Personal loans can be an excellent tool for accomplishing financial goals. Here, we look at some of the ways a personal loan can go wrong.