Loans | Credit Card Topics

CoinLoan: A P2P Lending Platform That Enables Borrowers to Obtain Fiat Currency Using Cryptoassets as Collateral

By: Adam West, 4/3/2019

In a Nutshell: In the wake of the 2008 financial crisis, peer-to-peer (P2P) lending arose as an alternative to credit offered by traditional banks. At the same time, blockchain-based cryptocurrencies like Bitcoin also emerged. Now, CoinLoan is bringing the two together through its P2P lending platform that lets borrowers use cryptoassets as collateral for obtaining fiat (or traditional) currency. Lenders provide capital with a guarantee from CoinLoan that they will be repaid in full.... read more »

Credit Builder Reverse Loan Product by Fig Loans Helps People Improve Their Credit Score and Achieve Financial Stability

By: Adam West, 4/2/2019

In a Nutshell: When it comes to credit, more than a few people have discovered that one mistake leads to another, and another, and another -- until there's no recourse except to turn to a high-interest payday or auto title lender. Fig Loans exists to break that cycle. Its Credit Builder reverse loan product doesn't offer customers with bad credit money today, but offers them something more important -- an opportunity to improve their credit score and build a better future for tomorrow.... read more »

Unison™ Partners with Homeowners and Homebuyers to Increase Their Purchasing Power and Long-Term Financial Flexibility

By: Adam West, 2/21/2019

In a Nutshell: For an increasing number of Americans, buying a home and maintaining a desirable quality of life is becoming financially impractical. But in a growing number of markets, Unison offers a solution. In return for a portion of a home's appreciation when it's sold, Unison invests alongside homebuyers and homeowners. This can lower mortgage payments and eliminate private mortgage insurance for buyers and advance owners up to 20% of their home's equity value. And because they... read more »

Lenda: How the Online Mortgage Lender Leverages Its Proprietary Technology to Drastically Reduce Closing Times and Save Homebuyers Money

By: Adam West, 12/19/2018

In a Nutshell: While consumers are accustomed to communicating, shopping, and even banking online, buying a home has long been considered too complex a process for digital channels. But Lenda is changing that. Lenda leverages technology to streamline document management and works seamlessly with banks and public agencies to evaluate mortgage applications quickly and keep customers informed. And, because the digital platform has a lower overhead and eliminates fees and commissions... read more »

Unchained Capital’s Secure Crypto-Backed Loans Let Holders Leverage Bitcoin and Ethereum Investments While Maintaining Their Value

By: Matt Walker, 12/17/2018

In a Nutshell: Investing in Bitcoin and other cryptocurrencies as a long-term strategy to grow funds has recently become more popular with consumers. One problem that existed in this strategy was that active investors could not actually make use of their crypto funds without selling them. Unchained Capital is a company that helps solve this problem with its crypto-secured loans. Investors can now make use of the value of their cryptocurrency holdings and maintain the benefits of crypto... read more »

8 Best Loans & Credit Cards for an 800 to 850 Credit Score

By: Brittney Mayer, 11/26/2018

At the end of any good video game, just before the credits roll, are the words that vindicate the hard work and hours of time invested in beating each boss and mastering each level: "You Win!" If consumer credit were a video game, hitting an 800+ credit score would also come with pixelated fireworks and those coveted words. Because it's true — when your credit score is in the 800 to 850 range, you've done it; you've won the credit score game. Congratulations! You are now among... read more »

8 Best Loans & Credit Cards for a 750 to 800 Credit Score

By: Adam West, 10/25/2018

In popular culture, a skeleton key is often described as a key that can open any lock. While truly universal skeleton keys don't exist in the real world — we have too many lock variations for just one key, no matter how revered — skeleton keys remain a popular literary device. What's more, they're also a pretty good metaphor for having excellent credit. With a credit score of 750 or higher, you're firmly in the excellent-credit category, and your high credit score is essentially... read more »

16 Best Short-Term Loans for Bad Credit in 2019

By: Adam West, 10/2/2018

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

By: Ashley Dull, 9/6/2018

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

By: Lauren Keys, 8/23/2018

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 »

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