All articles tagged Loans (28)

16 Best Short-Term Loans for Bad Credit in 2018

16 Best Short-Term Loans for Bad Credit in 2018

Finding a decent loan with bad credit can feel a lot like searching for the proverbial needle in a haystack — in the dark. With a candle. Sure, you need the light, but you could set the whole thing on fire with one wrong move. Indeed, the struggle to find a loan with poor credit is two-fold; simply finding a loan can be tough, but the real trick is finding a loan that won't be so expensive that it puts you in more financial trouble. For short-term loans, the right solution will... read more »

8 Best Loans & Credit Cards for a 700 to 750 Credit Score

8 Best Loans & Credit Cards for a 700 to 750 Credit Score

Although the little white mile markers on the side of the highway have lost some significance in our digital, GPS-enabled lives, anyone who slogs through a long commute can appreciate the value in knowing you're that much closer to home. For credit-building consumers, the journey to excellent credit is also studded with valuable signposts that let you know you're closer to your goal. And one of the most important mile markers along your path will be reaching — and then exceeding... read more »

How Firefly Credit Union Helps Foster Families Afford Agency Expenses with Low-Interest Adoption Loans

How Firefly Credit Union Helps Foster Families Afford Agency Expenses with Low-Interest Adoption Loans

In a Nutshell: Minnesota-based Firefly Credit Union aims to bring families together by providing a fixed line of credit that can be used to fund up to 90% of adoption expenses. Working with two US agencies, Firefly launched its adoption loan program in early 2018 to assist growing families in managing the cost of taking a child into their homes. Today, the credit union continues to expand its network of adoption agencies as it helps families welcome kids into their forever homes. // ... read more »

8 Best Cards & Loans to Consolidate Credit Card Debt

8 Best Cards & Loans to Consolidate Credit Card Debt

With interest rates on the rise thanks to an improving economy, many may be thinking about reducing their debts. While debt consolidation may not be the solution for everyone, it can be effective for many consumers as a way to reduce interest and simplify their finances. Consolidating credit card debt with a balance transfer credit card or a personal loan can be the ticket to getting your debt under control, but it can also be a path to even more financial trouble. The key to... read more »

12 Guaranteed Installment Loans for Bad Credit

12 Guaranteed Installment Loans for Bad Credit

It often feels as though we live in a litigious society, one in which few lawsuits are considered frivolous and any perceived slight can be addressed in a court of law. As a result, certain terms and phrases have become practically too dangerous to wield. For example, few financial services companies will dare to use the term "guarantee" for, well, anything. There really are no guarantees in finance, and claiming to guarantee anything, like approval for a credit product, is simply... read more »

8 Best Loans & Credit Cards for a 650 to 700 Credit Score

8 Best Loans & Credit Cards for a 650 to 700 Credit Score

A common adage for describing a process that takes time is to say, "It's not a sprint — it's a marathon." But, in some cases, that description is misleading; after all, a marathon can be completed in a matter of days. Some things can take years to accomplish. Things like building — or rebuilding — a good credit score, which typically takes at least 12 months of responsible credit use to reach. But, once you see your score rise into the 650 to 700 range, you know you're... read more »

8 Best Loans & Credit Cards for a 600 to 650 Credit Score

8 Best Loans & Credit Cards for a 600 to 650 Credit Score

Although 18 is the age at which most Americans gain the legal rights and responsibilities of an adult, whether you're considered an adult or a minor at that age tends to vary based on the situation. You're old enough to vote — but you can't buy beer. Similarly, having a FICO credit score between 600 and 650 is a bit like being 18; whether your score is considered a fair score or a bad one will vary by the situation (as well as the specific makeup of your credit profile). In... read more »

Current Legislation Aims to Restore the Competitive Balance for Community Banks

Current Legislation Aims to Restore the Competitive Balance for Community Banks

In a Nutshell: A journalism professor once told me that no one likes the process of writing, but everyone loves the outcome of having written. The same goes for buying a home. Mortgage applications, and the endless paperwork at closing, can be daunting — but well worth it once it's over. That paperwork is just as burdensome for the small banks that dedicate tremendous resources to compliance and processing departments to approve loans. Current legislation aims to help community banks... read more »

8 Best Loans & Credit Cards for a 550 to 600 Credit Score

8 Best Loans & Credit Cards for a 550 to 600 Credit Score

Contrary to common misconception, you don't start out with a perfect credit score. It takes six months of credit history to even be eligible for a score, and if you do everything right in those six months, you'll still typically start out with a middling score, at best. And if you don't do everything perfectly and make a mistake or two along the way, you may begin your credit score journey with a score that's well below average  — and even a good credit score can be brought down... read more »

5 Best Online Personal Loans for Bad Credit

5 Best Online Personal Loans for Bad Credit

One of the great inequities of the personal finance world is that those who tend to need the most help are often the least likely to receive it. Personal loans are a prime example of this reality. Often used to consolidate debt or pay for sudden financial emergencies, personal loans are often hard to obtain for those with bad credit and high debt levels. But while challenging to find, options do exist for bad-credit personal loans, although they may not be as affordable as those... read more »