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Is TruStage Auto Insurance Good? An In-Depth Look at Benefits, Costs & More

TruStage insurance offers an accessible auto insurance solution for credit union members who want to handle their banking and insurance needs in one place. But is TruStage auto insurance really a good choice compared to other carriers? In this comprehensive guide, we’ll take an in-depth look at TruStage car insurance to help you decide if … Read more

if i damage my own car can i claim on my insurance

Getting into an accident and damaging your own car can be frustrating and costly. You may be wondering if filing an insurance claim is an option when you are at fault. The answer depends on your auto insurance coverage. Collision and Comprehensive Coverage Pay for Own Damage There are two main types of car insurance … Read more

Is A Personal Loan Tax Deductible?

Taking out a personal loan is one way to access funds for a variety of purposes, from consolidating high-interest debt to financing a large purchase. However, one downside to personal loans is that the interest you pay is not tax deductible in most cases. When Personal Loan Interest Is Tax Deductible While personal loan interest … Read more

How to Claim Insurance for a Car Dent

Finding an unexpected dent or ding on your car can be upsetting. While minor cosmetic damage may seem harmless, repair costs can quickly add up. In many cases, you can file an insurance claim to cover car dent repair costs. Here is a step-by-step guide on how to claim insurance for a car dent. Notify … Read more

What is Tax Deductible Interest on Loans?

As a taxpayer, you are probably always looking for legitimate ways to reduce your tax liability and maximize your tax deductions. Claiming tax deductible interest on certain types of loans is one effective strategy to achieve this goal. Understanding what tax deductible interest is, the types of loans that qualify, deduction limits, and how to … Read more

Pros and Cons of VA Loans vs Conventional Loans

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners. Deciding between a VA loan or … Read more

When Loans Are Amortized, Monthly Payments Are Constant While Interest And Principal Payments Change

Amortized loans are a common type of loan in which the loan amount is paid off over time through regular fixed monthly payments. Each monthly payment is made up of both interest and principal allowing the loan to be fully paid by its maturity date. When loans are amortized the monthly payments are structured to … Read more

Everything You Need To Know About FHA 40-Year Loans

A 40-year mortgage is like a traditional 15- or 30-year mortgage, but it offers an extended repayment term. Having ten more years to pay off a loan can give you lower monthly payments, but in the long term you’ll pay far more interest. 40-year mortgages can be a more affordable way to purchase a home … Read more

How Many Loans Can You Have At Once?

If you already have a personal loan, can you get another one? The short answer is yes. There’s no limit to the number of personal loans you’re allowed to have. However, the amount of debt you can take on is limited to how much a lender is willing to let you borrow. Taking out multiple … Read more

Do You Get a Loan Estimate With Pre-Approval? A Comprehensive Guide

Once you get pre-approved for a mortgage, comparing rates is important. However, what’s even more important is how you compare mortgage rates. You can do that with a loan estimate. When it comes time to get a loan, every lender will provide you with a loan estimate. These estimates will help you decide which loan … Read more

Where Can I Get a Loan on Disability? Your Options Explained

You can get a personal loan when youre receiving disability benefits, provided you have enough income to qualify for the loan amount you want and you meet other eligibility requirements. For example, having good credit and a long history of paying bills on time can help you qualify for a loan regardless of where your … Read more

The Complete Guide to Becoming a Loan Officer in 2023

If you’d like to become a loan officer in Texas, there is a clear path to follow to get your Texas MLO license and begin your career in the mortgage industry. The term mortgage loan originator (MLO), licensed mortgage loan officer are frequently used interchangeably and both reflect the important job of helping home buyers … Read more

How Many FHA Loans Can You Get? A Guide to FHA Loan Limits

The FHA loan program, backed by the Federal Housing Administration, makes homeownership more accessible and affordable for many borrowers. FHA loans require lower down payments and have more relaxed credit requirements compared to conventional loans. But you may be wondering – how many FHA loans can you get at once? The general rule is that … Read more

What is an FHA Loan in Florida? A Complete Guide

Are nightmares about the home financing process keeping you up at night? If so, give Dash Home Loans a shot. We do mortgage lending differently and make getting approved for a Florida FHA loan a dream. Backed by the Federal Housing Administration, FHA home loans are a great choice for low-to moderate-income homebuyers with less-than-stellar … Read more