If you’re considering taking out a student loan, you might be wondering how it will affect your credit score. Here’s what you need to know. Checkout this video: The Relationship Between Student Loans and Credit Scores Many people are not aware of the relationship between student loan debt and credit scores. Did you know that…
Find out what a good student loan interest rate is for both federal and private student loans, and how to get the best rate you can. Checkout this video: What Is a Good Student Loan Interest Rate? Finding the best student loan interest rate can save you a lot of money in the long run….
If you’re considering taking out a home equity loan, you’re probably wondering what the current interest rates are. Keep reading to find out more about home equity loan rates and how they can impact your decision. Checkout this video: Home Equity Loan Rates Home equity loan rates are at an all-time low. You can get…
If you’re looking to get a loan for a rental property, there are a few things you’ll need to do first. In this blog post, we’ll go over the steps you need to take to get a loan for a rental property. We’ll also cover what you need to do to prepare for the loan…
It can be difficult to get a loan when you have bad credit, but there are a few options available. Here’s what you need to know about how to get a house loan with bad credit . Checkout this video: Assess your credit score Your credit score is one of the biggest factors in whether…
A loan recast is when a borrower pays a lump sum of money to their mortgage lender in order to lower their monthly payments. Checkout this video: What is a loan recast? A loan recast is when a borrower pays a lump sum of money to their mortgage lender in order to lower their monthly…
How Much Do Loan Processors Make? The average loan processor makes around $50,000 per year. However, there is a wide range in salaries, with the lowest 10 percent earning less than $29,000, and the highest 10 percent earning more than $81,000. Checkout this video: Introduction Loan processors are responsible for collecting and verifying the information…
A secure loan is a loan that is backed by an asset, such as a car, a house, or jewelry. The asset is used as collateral to secure the loan, which means that if you default on the loan, the lender can seize the asset. Checkout this video: What is a secure loan? A secure…
If you’re considering taking out a home equity loan, you’re probably wondering what the interest rate will be. Read on to learn more about how home equity loan interest rates work and how to get the best rate for your loan. Checkout this video: Introduction A home equity loan is a fixed-rate loan, which means…
If you’re considering taking out a personal loan, you’re probably wondering what the average interest rate is. Here’s what you need to know. Checkout this video: Introduction Personal loans usually have lower interest rates than other types of borrowing, such as credit cards. The average rate on a personal loan was 10.09% in 2019, according…