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Personal Loans

One-Word Answers To Your Money Questions

NerdWallet | Posted 02.08.2017 | College

Financial advice is loaded with fine print, disclaimers and caveats. But sometimes, you want a straight answer before digging deeper. We answered 10 ...

How Getting Control of Debt Could Be Your Best New Year's Resolution Ever

NerdWallet | Posted 11.21.2016 | Business

By Anna Helhoski This new year, you can resolve to end your struggles with debt if you start with a realistic plan. Beginning Jan. 1, make a commitme...

Taking Out A Personal Loan: 6 Reasons Why This Is The Best Bet For The Cash Strapped

Allan Smith | Posted 09.12.2016 | Business
Allan Smith

Simply put, personal loans are for the cash strapped individual who needs money urgently and cannot afford the long approval period of traditional loans.

Arielle Answers: Should I Tap My 401(k) to Pay Off Debt?

NerdWallet | Posted 07.26.2016 | Business

By Arielle O'Shea Q: My wife and I have a substantial amount of credit card debt. Does it make sense to use 401(k) money to clear the debt? There's...

I Took Out a Higher Interest Rate Loan and I'm So Glad I Did

Kevin Yu | Posted 05.24.2016 | Business
Kevin Yu

If you're taking out a loan and expect to pay it back earlier, you might be better off taking out a higher interest rate loan. The origination fees may seem small at first, but you'll end up paying more if you decide to pay it back faster.

A Predatory Lender's Empty Threats

Jason Salzman | Posted 05.17.2016 | Denver
Jason Salzman

If you followed the debate over a bill allowing a predatory lender to charge millions of dollars more in high interest rates, you know that the key qu...

Why Google Banned Ads From Payday Loans

GOBankingRates | Posted 05.11.2016 | Business

By Laura Woods, Contributor Joining the ranks of guns, tobacco and explosives, payday loans will officially be banned from Google ads starting July 1...

How To Protect Colorado's "Non-Prime Population" from Being Exploited As a "Market Opportunity?"

Jason Salzman | Posted 04.26.2016 | Denver
Jason Salzman

Reporters have done a good job informing us that most people who sign up for so-called predatory loans, offered at high interest rates, are struggling...

If 30 Percent Growth Isn't Enough for Predatory-Lender, What Is?

Jason Salzman | Posted 04.22.2016 | Denver
Jason Salzman

A bill allowing lenders to make even more money on predatory loans passed a state senate committee this week, with supporters of the legislation telling reporters that increased profits are necessary to keep personal loan lenders in Colorado.

Is 36 Percent Interest on a Loan High Enough?

Jason Salzman | Posted 04.19.2016 | Denver
Jason Salzman

Sometimes reporters ignore bills in the state legislature that look like they would surely die quickly in the hands of divided government. But here's ...

New Borrow And Save Loan Programs

MoneyTips | Posted 04.12.2016 | Business

You are struggling just to pay your monthly bills, not to mention dealing with the occasional car breakdown, home maintenance item, or unexpected medi...

Buying and Financing a Car with a Loan

Dorit Sasson | Posted 03.04.2016 | Business
Dorit Sasson

So you've found your dream car, but how will you pay for it? A new car is one of the biggest investments in life. There are several options, but like ...

Tackling Credit Card Debt

Aryea Aranoff | Posted 02.19.2017 | Technology
Aryea Aranoff

The average American household has $15,000 in credit card debt alone. Credit card debt has much higher interest rates than mortgages or student loans. Fortunately, there are two major weapons to attack your credit card debt and repair your financial standing.

What's the Difference Between an Unsecured and Unsecured Loan?

Kevin Yu | Posted 02.19.2017 | Business
Kevin Yu

Loans are never a fun topic of discussion but most of us at one point in time will have to obtain a loan. Many lenders offer both secured and unsecure...

5 Credit Cards to Help You Pay Off Your Holiday Balances | Posted 01.20.2017 | Business

By Jocelyn Baird, It's easy to go overboard during the holidays, especially when it comes to buying gifts and making travel-related p...

4 Things to Consider Before Consolidating Your Debt

Kevin Yu | Posted 09.11.2016 | Business
Kevin Yu

Debt consolidation has been a hot topic in the past few years. Since the financial meltdown in 2008, banks have tightened up on their risk models and it was near impossible to get a personal loan from a bank.

What You Need to Know: Personal Loans for Students

Stephen Dash | Posted 07.06.2016 | College
Stephen Dash

Many students look towards personal loans to help them cover all of the extra costs while in college. However, the option of a personal loan may not be the wisest financial choice, especially if a private student loan can cover the extra costs instead.

Should I Use a Personal Loan to Pay off My Student Debt?

Credible | Posted 06.01.2016 | Money

A personal loan can be a quick way to pay off your financial expenses under new, hopefully more favorable conditions. The loan has a set term and fixed payment throughout the life of the loan.

3 Things People With Bad Credit Need To Know | Posted 06.29.2015 | Money

It's not the end of the world if you have bad credit. Actually, millions of Americans have credit that's rated below average. While it's not something you might be proud of, it's important to know that there are some ways to make it better.

Why Choose A Personal Loan Over A Traditional Loan? | Posted 05.02.2015 | Money

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.

What's The Best Way To Consolidate Debt? | Posted 04.29.2015 | Money

Studies released by Urban Institute in July 2014 showed that 35 percent of Americans -- roughly one out of three -- are so behind in their finances that they have debt in collections. Many people become overwhelmed by their debts, but they don't have to be.

P2P Lending Is Dead

Jorge Newbery | Posted 04.22.2015 | Business
Jorge Newbery

First, disco bit the dust. Then, punk rock keeled over. Now, peer-to-peer lending has been annihilated. Who murdered P2P? Wall Street.

5 Perks of Peer-To-Peer Lending

GOBankingRates | Posted 03.28.2015 | Money

Searching for an alternative to traditional financing? Or maybe you're looking for a new way to invest your money? If so, peer-to-peer lending could be exactly what you need.

How To Avoid The Payday Loan Debt Cycle | Posted 11.30.2014 | Money

The premise is simple: borrow the amount you need plus a fee per $100 borrowed now, pay it back when your next paycheck arrives. Unfortunately, what often ends up happening is that the borrower can't pay back the amount borrowed within 14 days.

Are People Ditching Banks And Going Online For Loans?

Simple. Thrifty. Living. | Posted 10.11.2016 | Business
Simple. Thrifty. Living.

In the past, if you needed a loan for your car, home improvements or to consolidate your credit cards, you would need to get dressed up and head down to the bank to beg for money. The Internet has made things a little easier.