A unsecured personal loan is a loan that is not backed by collateral. This type of loan is also known as a signature loan or a good faith loan. Unsecured personal loans are usually given based on the borrower’s credit history and ability to repay the loan. Checkout this video: Introduction A unsecured personal loan…
The level of measurement for income is an important consideration when lending money. This blog post looks at the incomes of 50 loan applicants to see which level of measurement is most appropriate. Checkout this video: Introduction It is important to note that the different levels of measurement (nominal, ordinal, interval, and ratio) have different…
As the parent of a college student, you may want to know how to transfer a Parent PLUS Loan to the student. This way, the student can be solely responsible for the debt. Checkout this video: Introduction The Parent Plus Loan is a federal student loan that allows parents to help their children pay for…
You’re unemployed and you need a loan? Here are some options available to you and how to get a loan when unemployed. Checkout this video: Research Your Options When you’re unemployed, lenders will be wary of loaning you money. After all, without a job, how will you be able to repay the loan? However, that…
Have you applied for a PPP loan? Check out this blog post to learn how to check the status of your application and what to do next. PPP Loan Status’ style=”display:none”>Checkout this video: Log in to the SBA’s website The Small Business Administration (SBA) is responsible for distributing Paycheck Protection Program (PPP) loans. If you…
This guide provides a step-by-step process for calculating the total interest paid on a loan in Microsoft Excel. By following these simple steps, you can easily calculate your own loan interest payments. Checkout this video: Introduction Assuming that you have a loan with a principal amount of $100,000, an annual interest rate of 5%, and…
Applying for a Paycheck Protection Program (PPP) loan can be a confusing and daunting process. We’re here to help you understand how to get a PPP loan without a business. PPP Loan Without a Business’ style=”display:none”>Checkout this video: What is a PPP Loan? The Paycheck Protection Program (PPP) is a loan designed to provide a…
If you’re in need of a loan but don’t have the best credit, you may be wondering how you can get an instant loan. Here are a few options to consider. Checkout this video: Introduction If you need cash now, you may be able to get an instant loan. There are a few different types…
If you’re looking for a loan but have bad credit, you may be wondering how to get a $10,000 loan with bad credit . There are a few options available to you, and by following some simple tips and tricks, you can increase your chances of getting approved for a loan. So, if you’re ready…
If you’re struggling to repay your student loans, you may be wondering if there’s any way to get them cancelled. Unfortunately, it’s not easy to qualify for student loan cancellation, but it’s not impossible either. Here’s a step-by-step guide on how to apply for student loan cancellation. Checkout this video: Introduction The federal government and…