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Loans

3 Times Payday Loans Make Sense

Simple. Thrifty. Living. | Posted 04.15.2015 | Business
Simple. Thrifty. Living.

Although payday loans are a type of credit that most borrowers should avoid, there are some cases in which this type of loan is actually less costly than other alternatives.

P2P Lending Is Not Dead

Jorge Newbery | Posted 04.09.2015 | Business
Jorge Newbery

A short while ago, I pronounced P2P lending dead. Annihilated. Massacred by Wall Street bankers. Choked by a Black Rock. Then, I heard from Dara Albright, co-founder of LendIt, the largest peer-to-peer lending conference in the world.

Why a Credit Union Might Be the Smartest Choice You've Ever Made

Rachel Pross | Posted 04.10.2015 | Money
Rachel Pross

Imagine what the U.S. economy would be like without a not-for-profit balance and competitive presence in the financial services marketplace to help keep rates and fees in check.

As The Celebration Of Women Moves On, Let's Leave No One Behind

Rosario Perez | Posted 03.30.2015 | Impact
Rosario Perez

Poverty and health are intrinsically linked, yet the tools to combat them are frequently out of reach for poor women. More times than not, they find themselves in a constant cycle of scarcity -- scarcity of money, support, health and stability.

How I Paid Off $50K Of Debt In Less Than 3 Years

Credit.com | Posted 03.25.2015 | Money
Credit.com

Graduating from college debt-free feels really good. When Ja'Net Adams got her degree from South Carolina State in 2003, she was one of those fortunate students who started her adult life without debt, and things went along really well for her. Then, in 2008, she lost her job.

Why Choose A Personal Loan Over A Traditional Loan?

NextAdvisor.com | Posted 03.02.2015 | Money
NextAdvisor.com

All loans are not created equal, and in recent years the personal loan has become a great option for people to use. However, you might be wondering just what makes a personal loan different from a traditional loan from your bank.

CFPB Must Rein in Predatory Payday Lenders with Strong Regulations

NCLR Action Fund | Posted 04.13.2015 | Politics
NCLR Action Fund

Low income working families seeking to simply pay the bills confront an array of challenges these days. "Payday lenders" are taking advantage of a borrower's precarious financial state and profit from pushing low-income families deeper into debt and poverty.

Dear Dad, Why Did You Let Debt Kill You?

Jeff Rose | Posted 04.07.2015 | Money
Jeff Rose

According to his death certificate, my dad died of myocardial infarction, otherwise known as a heart attack. We thought there wasn't much any of us could have done. In retrospect, there was one area where I might have been able to help, though at the time I didn't think about it in those terms.

Lending Club's IPO and the Unravelling of the Banking System as We Know It

Jason van den Brand | Posted 03.08.2015 | Money
Jason van den Brand

When history is written, the Lending Club IPO will serve as the tipping point for the disruption of the traditional lending model, and ultimately the unraveling of the banking sector as we know it.

It's All About That Rate: Navigating Your Student Loan Refinancing Options

Aryea Aranoff | Posted 02.18.2015 | Money
Aryea Aranoff

As an employee of a bank offering a national student loan refinance and consolidation program, I often speak with recent graduates looking for guidance on questions regarding their student loans. So, for those of you who still don't fully understand how student loan refinancing works, let me help you out.

Macro Impact Coming From Microloans in LA

John E. Kobara | Posted 02.03.2015 | Impact
John E. Kobara

I can't think of a better place to unleash this concept than in Los Angeles, where our future is being driven by small business entrepreneurs, especially immigrants. Los Angeles is a city of dreams. We have among the highest entrepreneurial activity in the country.

The Good, the Bad, and the Ugly of Student Loans

Mary Johnson | Posted 01.31.2015 | College
Mary Johnson

Acquiring student loan debt can be an intimidating, confusing process; however, in today's educational environment, it's often a necessity in order to finance a college education. With proper advance knowledge and research, student loans are a worthwhile option.

Middle Class 'Chasm' Increasing Due to Mortgage Regulations

Lorrie Febus | Posted 01.31.2015 | Business
Lorrie Febus

Owning a home is a primary value of the middle class. The mortgage regulations that went into effect earlier this year are making it harder for many to get approved for home loans.

'How David Beats Goliath': A Trial Lawyer's Guide to Financial Management

Christopher Zoukis | Posted 01.31.2015 | Crime
Christopher Zoukis

If you don't have experience in the arena of contingent-fee law firms, then you may wonder exactly how they make money if they happen to lose a case. The answer is that they don't. There is no catch with contingent-fee law firms. If they lose the case, they don't get paid.

How Innovative Savings Accounts Can Help Low Income Women

Jennifer McDonald | Posted 11.25.2014 | Impact
Jennifer McDonald

These women do not need charity -- they need an innovative approach to banking.

Factor Your Lifestyle Into Your Budget

realtor.com | Posted 01.20.2015 | Money
realtor.com

Looking at sprawling villas in the suburbs and 2,000-square-foot condos in the middle of downtown is one thing. How much home you can afford may be entirely different.

Here Is The Average Student Debt Burden In Each State

The Huffington Post | Kevin Short | Posted 11.21.2014 | Business

A college degree is still immensely valuable in America, boosting lifetime earnings for people that have one. But for many students, the trade-off for...

Get Out Of Credit Card Debt -- With A Little Help From Your Peers

Shindy Chen | Posted 12.28.2014 | Money
Shindy Chen

It's the revolutionary multi-billion-dollar industry nobody's heard of, and it's killing credit card debt for hundreds of thousands of consumers. It's not only disrupting, but completely undressing the traditional credit model.

Ben Walsh

JPMorgan Seems Less And Less Interested In Lending Money

HuffingtonPost.com | Ben Walsh | Posted 10.15.2014 | Business

JPMorgan Chase has a problem: It’s taking in money faster than it can lend it out. As long as this trend continues, the biggest bank in America by assets will drift further away from a commercial bank’s core social and economic role of lending.

4 Ways Student Loan Holders Can Master Their Debt

Shane Paul Neil | Posted 12.09.2014 | Money
Shane Paul Neil

Nearly 40 percent of younger Americans are carrying some amount of student debt and the Pew Research Center's research shows that an inability to manage and pay off that debt can impact future earning potential.

Here Are The Colleges Whose Students Have The Toughest Time Paying Back Loans

Quartz | Posted 10.08.2014 | Business

University students who take out loans are essentially betting that the education they’re financing with debt will help them get a decent job—and ...

Kabbage Or Traditional Banks: Which Is Best For Your Small Business Loan?

Simple. Thrifty. Living. | Posted 11.26.2014 | Small Business
Simple. Thrifty. Living.

With the advent of online business lending services like Kabbage, it's easier for small businesses to get the funding they need to get off the ground. But is it always the best option to go with an online lender?

Banks Seeing Lower Loss Rates on Commercial Real Estate

Mary Ellen Biery | Posted 11.23.2014 | Business
Mary Ellen Biery

U.S. banks are seeing some of the lowest loss rates of the past six years on commercial real estate and construction loans, boosting their case for ...

Five Questions To Help Choose The Best Student Loan For You

CommonBond | Posted 11.19.2014 | Money
CommonBond

Your personal financial goals have great influence over your repayment plan choice. If your financial situation improves over time, you may be in a more comfortable position to make prepayments to eliminate your remaining student debt.

Are You Afraid of Money? 6 Ways Math Fears Can Cost You

Simple. Thrifty. Living. | Posted 11.10.2014 | Money
Simple. Thrifty. Living.

People who can navigate the more complicated math problems of the money world end up saving hundreds, if not thousands, in fees, interest and taxes. So the big question is: Is being afraid of money costing you?