What Are the Easiest Personal Loans to Get Approved for?

If you need to borrow money, you may be able to get a fast and easy loan or a cheap loan, but probably not both. The easiest loans to get approved for may help you get the cash you need when you need it, but there are pitfalls to avoid as well as fine print that you should read carefully before …

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7 apps like Dave for small cash advances

The Dave app is known for features including early paydays, cash advances, overdraft warnings and budgeting tools. If you’re looking for other apps like Dave, here are seven alternatives that offer small cash advances. Best overall: Earnin Earnin is a free app that doesn’t charge interest or mandatory fees for standard cash advances, though you can pay an optional “tip” …

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Secured vs. Unsecured Loans

You have many decisions to make when shopping for a loan, and one of them is whether to obtain a secured or an unsecured loan. Whether you are familiar with the terminology of secured and unsecured loans or not, you are probably familiar with the underlying concepts. Secured loans get tied to an asset, like your home or automobile. Unsecured …

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What you need to know about short-term loans

Short-term loans can be applied for and received quickly. They often require little to no collateral, making them seem very attractive in a crunch. In exchange for the convenience, however, you’ll pay steep interest rates and high fees. The repayment timeline also may only be a few weeks long. For these reasons, short-term loans are best approached with caution. What …

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How to Pay Off Credit Card Debt

You can pay off credit card debt by choosing a debt payoff strategy, such as the debt avalanche or snowball method, a balance transfer credit card or a debt consolidation loan. Using credit cards regularly can be a great way to build your credit history and take advantage of rewards and benefits along the way. But overspending and unexpected financial …

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How To Quickly Pay Off Credit Card Debt: 8 Tips For Success

A credit card can be a powerful financial tool. Credit cards can allow you to earn rewards like cash back that you can use to lower your balance or add to your savings. Using a credit card can also help you build your credit. However, there are also risks to using credit cards, such as the potential to incur significant …

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5 Ways You Could Lower Your Student Loan Payments

With student loan payments resuming, many are worried what it will mean for their personal finances. Adding a hefty bill back into your monthly expenses can throw a wrench in your budget. While it seems student loan forgiveness is off the table for now, you may have options to make your payments more manageable. Some plans are only available for …

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Co-Borrower or Co-Signer. What is the Difference?

What is a Co-Borrower? A co-borrower is a co-owner of the property. The co-borrowers name would be on the title of the home, right alongside yours. Beyond having their name on the title, co-borrowers’ assets, credit history, employment history, and debts are assessed as they are also applying for the home loan with you. Using a co-borrower is helpful if …

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What Is A Home Equity Loan?

Owning a home has plenty of benefits. One of the most helpful is the opportunity to build equity. Homeowners with enough equity can tap into these funds in the form of a home equity loan to cover a wide range of expenses. What Is A Home Equity Loan? A home equity loan is  secured and uses your current home equity …

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Tips for increasing credit score more quickly

Improving your credit score is a big step on the road to reaching some of life’s big milestones. But first, it helps to know what credit scores are and how they affect your life. Here are the basics: Credit scores are three-digit numbers calculated by a variety of different companies. Your score is used by lenders, landlords, phone companies, insurance companies and …

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7 Loan Apps That Let You Borrow Money Fast

If you ever find yourself in a financial bind and need instant access to cash to cover an unexpected expense, there’s an app for that. Whether you call them loan apps, borrow-money apps, cash advance apps or payday advance apps, these online lenders can provide financial lifelines to people in a penny pinch. They’re not ideal. There’s always a cost to …

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8 Common Credit Mistakes and How to Avoid Them

Your credit score is one of many important indicators of your financial health, so it’s crucial to build and maintain a good credit history. Part of that process is to understand how certain actions can impact your credit profile and to avoid potential mistakes that can stifle your progress and even damage your credit score for years to come. As …

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What is a bad credit score?

You may know that your credit scores represent your creditworthiness. And that potential lenders might use your credit scores to make decisions about things like approving loans and extending credit. But what does it mean to have a bad credit score? In general, what’s considered a bad credit score may fall below 670. But that number can vary by who’s judging it. Read …

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How to Rebuild Your Credit Score After Filing for Bankruptcy

Personal bankruptcy is without a doubt a serious setback, but it can serve as a financial tool. It’s an opportunity to streamline your finances and rebuild credit, and more than 500,000 Americans take advantage of that opportunity each year. “Bankruptcy is a fresh start for a debtor,” says Cathy Peek McEwen, a Federal Bankruptcy Judge for the Middle District of …

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6 Tips For Buying A House With Low Income

Here are some things that can help you as you work towards your homeownership goals. 1. Work On Your Credit Score Having a good or excellent credit score can help boost your mortgage approval odds. If your current score isn’t the best, you can work to improve it by making on-time payments, paying down debt if you’re able to and keeping your …

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