When you refinance a loan, you’re essentially taking out a new loan to replace your existing one. The new loan pays off the balance of your old loan, and you’re then responsible for making payments on the new loan. Refinancing can be a good way to save money on your monthly payments, or to get…
A personal unsecured loan is an amount of money that a lender gives you that is not backed by collateral. Checkout this video: Introduction A personal unsecured loan is a loan that is not backed by collateral and therefore carries more risk for the lender. Unsecured loans are also known as signature loans or unsecured…
You may be able to get your student loans forgiven if you work in certain public service jobs or meet other requirements. Learn more about student loan forgiveness. Checkout this video: Introduction There are a number of ways to take advantage of student loan forgiveness, including working in certain public service jobs, signing up for…
There are a few things you’ll need to do in order to get a business loan, but it’s not as difficult as you might think. Follow these steps and you’ll be on your way to getting the funding you need. Checkout this video: Introduction Getting a business loan is not as difficult as many people…
So you want to get a business loan, but you don’t have any money. Here are a few options you can explore. Checkout this video: Introduction There are a number of ways to get a business loan with no money, but it can be difficult to qualify for one. The most common way to qualify…
If you’re considering applying for a personal loan, there are a few things you’ll need to have in order. In this blog post, we’ll go over what you need to apply for a personal loan, so you can be prepared when you start the application process. Checkout this video: Introduction If you’re thinking of taking…
If you’re thinking about defaulting on a loan, it’s important to understand the implications. This guide will help you understand what defaulting on a loan means and what the consequences could be. Checkout this video: Introduction Defaulting on a loan is when a borrower fails to make their scheduled loan payments. This can happen for…
How long does it take to get a loan? It depends on the type of loan you’re applying for. For example, a personal loan may take a few days while a mortgage loan can take several weeks. Keep reading to learn more about the loan application process. Checkout this video: Introduction The process of getting…
It’s no secret that banks are lending less money these days. But what if you want to build a house? Can you still get a loan? Checkout this video: Introduction There are a few ways to finance the construction of a new home. While some people may choose to pay for the construction costs out-of-pocket,…
A portfolio loan is a type of mortgage loan that is held by a lending institution as part of its investment portfolio. Checkout this video: Introduction A portfolio loan is a type of mortgage loan that is not sold to or insured by government-sponsored entities such as Fannie Mae, Freddie Mac, or the Federal Housing…