[ad_1] Key Takeaways If your mortgage is in forbearance and you want to refinance, you’ll usually need to exit the relief program and make at least three on-time payments before doing so. The waiting period between exiting forbearance and refinancing can vary by lender and loan program. To qualify for refinancing, make sure your finances…
[ad_1] Key Takeaways Borrowers with credit scores above 700 can secure more favorable borrowing terms, while those with credit scores below that threshold may have a more difficult time getting approved for a $50,000 loan. Once you’ve decided how much you need to borrow, make sure the resulting payments can fit into your budget. Lowering…
[ad_1] Key Takeaways The main factor in determining if you qualify for a $10,000 personal loan is your credit history. You’ll need a credit score of at least 670 before you apply. Lenders look at your debt-to-income ratio when deciding approval. A DTI ratio of 36% or lower is ideal. Make sure to check your…
[ad_1] Key Takeaways Buy now, pay later apps let you spread out the cost of a purchase over time, sometimes with no interest or fees. Some of the best buy now, pay later apps for shoppers are Afterpay, Splitit, Paypal Pay in 4, Klarna and Affirm. Buy now, pay later apps often don’t require a…
[ad_1] Key Takeaways International students pursuing a STEM degree in the U.S. may find it difficult to fund their education with scholarships and grants alone. Options to bridge the financial gap include private student loans and part-time employment. Other ways international students can reduce costs include living off-campus with a roommate, carpooling and using free…
[ad_1] Key Takeaways Affirm is a popular buy now, pay later (BNPL) lender that offers payment plans for both online and in-person purchases at over 245,000 stores. Affirm offers two types of loans: Pay in 4 and monthly installments. Pay in 4 loans come with 0% APR but monthly installment loans charge an APR of…
[ad_1] Key Takeaways Apple Pay Later is a buy now, pay later (BNPL) service that lets you finance small purchases into four equal payments. There are no interest charges or fees, making it a good alternative to using a credit card. You can use Apple Pay Later anywhere you use Apple Pay. Last year, Apple…
[ad_1] Key Takeaways If you took out an educational loan for yourself, your spouse or your dependent, you may be able to deduct the interest you paid on your taxes. The amount you can deduct depends on your modified adjusted gross income and is capped at a maximum of $2,500. Your lender should send a…
[ad_1] Key Takeaways A VA construction loan may help you build your dream home, but the process can be complex. It might be difficult to find a lender that offers VA construction loans, so it’s wise to do your research and have a backup plan. If you aren’t able to obtain a VA construction loan,…
[ad_1] Key Takeaways: PayPal Pay in 4 is PayPal’s buy now, pay later service that lets you spread out the cost of a purchase over six weeks when you shop online. PayPal Pay in 4 doesn’t charge interest or fees, and qualifying only requires a soft credit check that won’t harm your credit. While PayPal…
