How to Pay $500,000 for College
Now, we all know that college is getting more and more expensive. You can expect to pay as much as $50,000 per year at the more prestigious universities around the country. For a simple bachelor’s degree, that adds up to $200,000. While most folks are able to get some form of financial aid, the fact of the matter is that you’ll probably have to pay for most of your education with student loans and maybe even with personal loans, as well.
Is Cosigning a Personal Loan Wise?
One of the most common ways for someone with imperfect credit to be able to get a personal loan is by having a family member or friend cosign. When you cosign a personal loan, you are making a promise to the lender that, if the other borrower doesn’t make the loan payments, you will be held responsible for the loan.
Make Sure Your Banker Has Your Best Interests at Heart
No matter where you conduct your financial business, one thing is sure. That institution is out to make a profit. Even if you do your banking at a credit union, which is technically a non-profit organization, companies and organizations in financial services need to show more money coming in that what’s going out if they are to stay afloat. Whether you take out personal loans, a mortgage, or just a savings account, make sure that your banker has your best interests at heart.
Can You Afford A Personal Loan?
There’s no shortage of advice out there about finances in general, or personal loans in particular. Opinions are a dime a dozen. And, to make matters worse, a lot of the advice being peddled comes from those who have a vested interest in how we end up thinking and feeling about the idea of borrowing money.
You just might Qualify for a Personal Loan
When your credit is less than perfect, and you feel like we have nowhere to go to obtain a short term loan when the need for cash arises, you may find yourself shuffling in to take out a payday loan. You might think they are the only place you can possibly secure a loan. That’s a mistake.
45 Blogs to Help You Find the Right Type of Loan for Your Needs
For a consumer who needs a loan, figuring out the right type of loan for their needs can be a difficult process. There are many different types of loans and the purposes of these loans often overlap tremendously. Much information can be found online that will help consumers to make the best choice in loans for their circumstances. This information can help consumers have an advantage when deciding which loan is appropriate for them. Whether a consumer needs a loan for a house, college, a vehicle or just to get through until the next payday, they are sure to find the information they need.
Pawn Shop Personal Loans
If you’re in need of some cash but don’t want or can’t go to a traditional bank to get the funds, one option you might be considering is a pawn shop personal loan. Today, there are more pawn shops than ever, due in part to changing regulations as well as a down economy.
Why Does Everyone Else Get a Better Personal Loan Rate?
If you’re like many people that have applied for a personal loan, you might feel at least a little bit persecuted. The bank advertises these low rates, and you hear about friends and family who are able to get loans at great rates, yet when you apply, you don’t get the same great rates.
What to Ask when Taking an Unsecured Personal Loan
Next to payday loans, unsecured personal loans are going to have the highest interest rates of any loan type around. That being said, they’re still probably going to be better terms for the unsecured personal loan than for a credit card cash advance, for example. You just need to be both smart and diligent when you’re taking out one of these, and you need to ask the right questions.
How to Ask a Friend for a Personal Loan
Asking someone for money is never an easy thing. The fact of the matter is that it can be humbling, at best. In many circumstances, it can be downright embarrassing to ask a friend for a personal loan. It’s not really something you want to do if you can help it, and you usually have to be in pretty dire straits to even consider it.