The Pros and Cons of Subprime Loans

Loans

Making a big financial step often depends heavily on whether you can get a loan. If your credit score isn’t as good as it could be, that can be tough to accomplish. Thanks to subprime loans, though, it could be possible to get that much needed loan. The Pros and...

The Navient Lawsuit and Your Student Loans

Debt and Collections, Loans

In January, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Navient, the nation’s largest servicer of both federal and private student loans. The company was allegedly “systematically and illegally failing borrowers at every stage of...

Here’s How Lenders Determine Your Interest Rate

Loans

Loans are a huge help when it comes to making big payments. And it’s no surprise at this point that they are accompanied by interest. Interest rates are always changing from loan to loan, though. Why is that? It all comes down to different factors that lenders...

Loan vs Lease: 9 Things to Consider Before Financing

Leases, Loans

If you’re considering getting a car or other equipment, it’s important to know your options when it comes to financing. Thankfully, you don’t have to buy it outright. You can choose to either get a loan to pay for it, or pay for the item on lease....