Loans & Financing
Mortgages, personal and business loans — understand the true cost of borrowing.
42 articles
Loans & Financing
Bankruptcy Basics: Understanding Types and Financial Impact
Bankruptcy is a federal legal process designed to address situations in which individuals or businesses cannot meet their financial obligations. Depending on the type of...
Rachel Bernstein
Loans & Financing
Bad-Credit Loans: What Borrowers Should Know Before Applying
Having a lower credit score can make borrowing more difficult, but it does not necessarily eliminate every financing option. Lenders use credit information as one part of...
Rachel Bernstein
Loans & Financing
Mortgage Refinancing: How Replacing an Existing Home Loan Works
A mortgage does not necessarily have to remain unchanged until the home is sold. Homeowners can replace an existing mortgage with a new loan through a process known as re...
Lucas Vance
Loans & Financing
Emergency Loans: What to Consider When an Unexpected Expense Arises
Unexpected expenses rarely arrive at a convenient time. A vehicle may need an urgent repair, a major appliance can stop working, a medical bill may arrive before the next...
Lucas Vance
Loans & Financing
Flood Insurance: Understanding Coverage Outside Standard Home Policies
A standard homeowners insurance policy can provide broad protection for a home and its contents, but one major source of property damage generally requires separate cover...
Sofia Martinez
Loans & Financing
Loan Repayment Strategies: How to Manage Borrowing Over Time
Taking out a loan solves an immediate financing need, but repayment determines what that borrowing ultimately costs. Whether the debt is a personal loan, auto loan, mortg...
Rachel Bernstein
Loans & Financing
SBA Loans: Understanding Government-Backed Financing for Small Businesses
Access to capital can determine whether a small business can purchase equipment, hire employees, acquire another company, expand a facility, or manage a temporary working...
Samuel Mensah
Loans & Financing
Debt Management Plans: How Structured Repayment Programs Work
When multiple debts become difficult to manage, the problem is not always the amount owed. High interest rates, several payment dates, and different creditor requirements...
Rachel Bernstein
Loans & Financing
Commercial Real Estate Loans: Financing Business Properties
Buying commercial property is a significantly different financing decision from taking out a conventional residential mortgage. A business may need financing to purchase...
Samuel Mensah
Loans & Financing
American Express, SoFi, and Discover Personal Loans Compared
Personal loans can provide a fixed amount of financing for debt consolidation, home improvements, major purchases, or other qualifying expenses. But the terms available t...
Lucas Vance
Loans & Financing
Personal Loan Uses: Common Reasons Borrowers Seek Flexible Financing
Personal loans occupy a middle ground between highly specific financing products and revolving credit. A mortgage is designed around real estate, an auto loan is tied to...
Lucas Vance
Loans & Financing
Mezzanine Debt and Subordinated Financing: Capital Solutions for Lower-Middle-Market Companies
Lower-middle-market companies often reach a point where traditional senior debt is not sufficient to fund an acquisition, recapitalization, ownership transition, expansio...
Samuel Mensah