What Is a Bad Credit Loan? A bad credit loan is for borrowers with bad credit or thin credit. Loans may be secured or unsecured but are typically not secured by collateral such as your car or home. Bad credit scores fall between 300 and 579 on the FICO scale. The weaker your credit score,…
What Are the Current Personal Loan Rates? The average personal loan rate is 11.54% as of December 13, according to a Bankrate survey. Personal loan interest rates are trending higher over the past several months, increasing by about half-a-point since early July: Personal loan rates vary widely based on creditworthiness. Borrowers with very good…
What Are the Current Personal Loan Rates? The average personal loan rate is 11.54% as of December 13, according to a Bankrate survey. Personal loan interest rates are trending higher over the past several months, increasing by about half-a-point since early July: Personal loan rates vary widely based on creditworthiness. Borrowers with very good…
What Are the Current Personal Loan Rates? The average personal loan rate is 11.54% as of December 13, according to a Bankrate survey. Personal loan interest rates are trending higher over the past several months, increasing by about half-a-point since early July: Personal loan rates vary widely based on creditworthiness. Borrowers with very good…
The average interest rate on a two-year personal loan is 11.23%, according to the Federal Reserve. But depending on your credit history, income and other factors, you may be able to qualify for a rate in the single digits. Here’s a look at things you can do to score a lower interest rate on a…
Can You Get a No-Down-Payment Mortgage? You can get a no-down-payment mortgage, although you’re more likely to find a low-down-payment mortgage. Many mortgages require a down payment, even a minimal 3%. Although 20% down is the rule of thumb, many homebuyers put down less than that. While it’s true that the best terms are generally…
Seniors are increasingly carrying the burden of student loan debt in America, as many enter their golden years saddled with an extra monthly loan payment eating into their retirement savings. The outstanding student loan balance held by Americans age 60 or older increased twentyfold over the past 15 years, from $6.4 billion in 2004 to…
