If you need to borrow money quickly, you have a few options. Fast personal loans minimize the time it takes from application to approval and funding. How long does it take to get a personal loan? That depends on the lender, the loan terms, and how prepared you are when you apply. How Long Should… Continue reading How Long Does It Take to Get a Personal Loan?

Cosigning a loan puts your hard-earned savings and your hard-won credit score at risk. But how do you say no when a friend or family member you love asks you to do so? Maybe you don’t. Maybe you say yes. But be sure you read to the end of this article first. At least you’ll then know what you’re putting on the line.

If you’re desperate for cash, you may be tempted by tax refund anticipation loans (RALs), aka refund anticipation checks. Try to resist! Because these typically lack transparency and can turn out to be very expensive. Here are some alternatives — including ways to get your money more quickly from the IRS.

If you’re having extreme difficulty repaying your government-backed student loans, you’re not alone. About 10% of student loan borrowers default on their loans and experience dire consequences. But you don’t have to slide into default – you may be able to discharge student loans in bankruptcy.

You’re buying a boat! Congratulations! Whether you’re purchasing your first or your fifth, getting a new craft is one of life’s milestones. But there’s a high chance you’re going to need a boat loan. And that is a specialist field of financing. So get yourself up to speed before you tie yourself up in knots.

What is a credit utilization ratio? It’s the relationship between the amount of credit you have and the amount of credit you use. Lowering your credit utilization ratio can raise your credit score quickly.

How do you compare personal loan offers from competing financial institutions? By looking at more than interest rates. You’ll also consider the loan costs and terms to find the right product for you at the lowest cost.

Social distancing and low gas prices are fueling a boom in RV purchases in 2020. And many purchasers are first-timers who have not explored RV financing before. If wanderlust is setting in and you plan to buy an RV, you’ll probably also want to learn about RV financing.

FICO scores and car loans have an inverse relationship. Typically, if the first is low, the interest rate you’re going to pay on your car loan is likely to be high. So you pay more over the lifetime of your loan to buy the vehicle – or you may need to buy a less desirable car. But there’s more to it than just that. So read on …

Is borrowing to invest ever a good idea or is it insanely risky? The answer depends on several factors:

• Investment returns
• Borrowing costs
• Risk tolerance

Some of us are well-positioned to borrow money to invest, while others should probably avoid this practice. Here’s how to evaluate potential investments and sources of funds to make a smart decision.