How much interest you’ll pay on your car loan depends on a number of factors. We’ll help you understand all of them so you can get the best deal possible. Checkout this video: Introduction You’ve finally saved up enough money for a down payment on a new car, and you’re ready to start shopping for…
If you’re looking to take out a personal loan, you’re probably wondering what a good interest rate is. Here’s what you need to know. Checkout this video: Introduction When you’re shopping for a personal loan, it’s important to pay attention to more than just the interest rate. But the interest rate is still important, and…
A loan term is the length of time over which a loan is repayable. Loan terms can range from a few months to several years, and the length of the loan term will affect the interest rate and monthly payments. Checkout this video: Introduction A loan term is the length of time during which a…
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. Checkout this video: General Qualifications To be eligible for a PPP loan , you must be a small business, nonprofit organization, veterans organization, or Tribal business concern with 500 or fewer employees,…
How Much Student Loan Can I Get? Find out how much you can borrow for college and whether you need a cosigner. Checkout this video: How much you can borrow depends on many factors Your maximum eligibility for federal student loans is not based on your need but on other factors, such as your year…
You may have heard the term “recasting” a loan before, but what does it mean? In this blog post, we’ll explain what recasting a loan is and how it can benefit you. Checkout this video: What is recasting a loan? When you recast a loan, you make a lump sum payment on your principal that…
A Federal Unsubsidized Loan is a type of student loan that is not backed by the government. This means that the interest on the loan will accrue during your time in school. Checkout this video: What is a Federal Unsubsidized Loan? A Federal Unsubsidized Loan is a type of financial aid that you can use…
If you’re considering taking out a home equity loan , you’re probably wondering what the interest rate will be. In this post, we’ll explain what the interest rate is and how it’s determined. Home Equity Loans?’ style=”display:none”>Checkout this video: Introduction Home equity loans are a type of loan in which the borrower uses the equity…
Follow these steps to increase your chances of getting approved for a personal loan. Find out how much money you can borrow and compare personal loan rates. Checkout this video: Check your credit score An excellent credit score is one of the most important factors in getting approved for a personal loan. Lenders use your…
Hard money loans are a type of financing that is secured by real estate. This type of loan is typically used by investors or developers for short-term funding. Checkout this video: What is a Hard Money Loan? A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds…