Bella Mertz The majority of the items featured here are provided by our partners, who pay us. This could affect the products we write about as well as where and how they appear on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our affiliates, and this … Read more
Fill out this form to contact the Student Loan Assistance Unit of the Ombudsman if you need assistance with your student loans. Income-driven repayment forgiveness IDR plans can lower your monthly student loan payments by capping your payment at 10% to 20% of your discretionary income. But they can also make you eligible for MOHELA … Read more
This holiday season, we’re donating $100,000 to organizations that work to provide underserved communities with food security, day shelters, and essential resources. OnPoint is committed to excellent member experiences. Money doesn’t care about people, but we do. When it comes to your finances, we’re in it together. With OnPoint, you can pay bills, deposit checks, … Read more
View the California Disclosures and Privacy Policy for information on what information we collect about California residents. You will be directed to an external website that OppFi does not control if you click Continue. Please be aware that OppFi’s privacy and security policies will no longer apply to you or protect you. We advise you … Read more
There may be negative repercussions for the cosigner even when everything with a cosigned student loan goes well. Cosigned student loans can be a significant barrier when applying for a mortgage. It may occasionally be the basis for a denial. A cosigned student loan may result in a smaller home for other applicants. There may … Read more
If you’re considering using an adjustable-rate mortgage (ARM) loan to purchase a home, you should be aware of the various rate caps that can be applied to these mortgage products. ARM loan rate caps, as their names suggest, can control how much your interest increases over time. And before you sign on the dotted line, … Read more
You’ve spent countless hours reading reviews and comparing prices. You’re now prepared to start the process of purchasing the truck of your dreams. Before applying for an auto loan, there is just one more thing you must do: get pre-qualified. This guide is for you if you’re unsure of the difference between pre-qualifications and pre-approvals, … Read more
The act of taking out a new auto loan to settle an existing auto loan, frequently through different financial institutions, is referred to as “refinancing” an auto loan. The difference is that this new auto loan will have a significantly lower interest rate than the previous one, which can actually result in long-term cost savings … Read more
Find out what a 10-day payoff is in the following paragraphs, as well as why it’s crucial. You need to understand what a 10-day payoff is if you are refinancing your student loans. See, after your refinance loan application is approved, some time elapses before your old loans are paid off by your new lender. … Read more
Businesses may use a particular kind of loan called a debt-service coverage ratio (DSCR) loan to pay for the acquisition of multifamily and commercial real estate. DSCR loans are special because they are calculated based on how much cash flow a company generates each month in comparison to how much debt service the company must … Read more