Loans

  1. 4 Factors to Consider Before Taking Out a Personal Loan

    I decided to take out a personal loan to wipe out my credit card debt. My new loan had a much lower interest rate, so more of my payments went towards the principal rather than interest. Taking out that loan helped me become debt-free much faster. While a personal loan was a smart choice for me, they’re not for everyone. Here’s what you need to consider before applying for a loan.

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  2. 5 Reasons Why You Should Never Take a 401(k) Loan

    When you need cash for a downpayment on a home or when you hit a financial emergency, your retirement nest egg can look pretty appealing. You might have thousands stashed away in a 401(k), so when you need money quickly, taking a loan from your own account can be tempting.

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  3. 5 Clever Reasons to Refinance Your Mortgage (and 3 Reasons Not to)

    With interest rates near record lows so long that rising rates seem imminent, it’s smart to at least consider refinancing your home mortgage. A lower interest rate could give you plenty of advantages, after all. While loan outcomes vary, lower interest rates can easily lead to lower monthly mortgage payments and interest savings. Under the right circumstances, you could even shorten the repayment timeline for your loan and pay off your home faster.

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  4. Mortgage Basics

    Mortgage Basics

    June 26, 2017

    Compared to merely renting, financing an owned residence can be quite the monetary commitment. Luckily, through mortgage loans, homeowners can break the total cost of their home into regular payments over the course of a number of years, taking a fair amount of the immediate financial burden off their back in exchange for accumulated interest over time. In this infographic, you’ll find a rundown on the different types of mortgage loans available to homeowners as well as information on what you c

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  5. 3 Key Steps for the Car Buying Process

    In the car buying world there can be a lot of things that can go wrong. That is unless you take certain steps that, if followed, will hopefully result in a great experience. To help make your car buying experience a little easier, take a look at these following tips.

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  6. Debt consolidation as a type of Stress Management!

    When people refer to stress management they usually talk about stress balls to squeeze, getting a massage or taking a pill. When we talk about debt management it means we can’t squeeze another penny out of our pocket for the bills, massage our accounts to work in our favor and there most certainly isn’t a magic wand or pill to solve the problem.

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Editorial Disclaimer: Information in these articles is brought to you by CreditSoup. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.