Bella Mertz Note from the Editorial Board: Forbes Advisor partners’ links may earn us a commission. Commissions do not affect our editors opinions or evaluations. A new or used car may be more affordable thanks to auto loans, which are a type of installment loan that divide a car purchase into monthly payments over a number of … Read more
In 2022, new car loan rates range from 2. 40% to 14. 76% while used car loan rates range from 3. 71% to 20. 99%. Your credit score determines which annual percentage rate (APR) is low and which is high. This article will outline the criteria used by lenders to set APRs and provide advice … Read more
A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), can stabilize your retirement years when used properly. However, it is not always the best program for everyone, just like with any financial product. To assist you in making an informed decision about reverse mortgages and to help you determine whether this program … Read more
The thought of your car being repossessed by a title loan company may make you anxious. Falling behind on your bills is uncomfortable, but it can be downright terrifying to fall behind when your car is at stake. The only things that can give you some comfort are knowing what to anticipate and taking steps … Read more
The deduction for mortgage insurance premiums is available until the 2020 tax year. The deduction won’t be available after 2021 unless Congress extends it. If you need assistance managing an estate, we can help. H&R Block can help you prepare taxes for a loved one who has passed away. Learn more about the five most … Read more
The debt that auto lenders are unable to collect is frequently charged off. Lenders view auto loans as liabilities rather than assets when borrowers stop making payments on them. They may do this and start collection and repossession efforts by sending the debt to a collection agency. If you want to know how auto loan … Read more
Upstart’s personal loans can help you with anything from debt consolidation to major purchases, and the credit score requirements are more lenient than those of some other lenders. Fast funding and flexible loan amounts are just two significant benefits of new personal loans. With flexible credit requirements, Upstart provides loans starting at $1,000. Well qualified … Read more
You may have heard that student loans are exempt from bankruptcy. That’s not entirely true. Private and federal student loans can be discharged in bankruptcy, but the procedure is more onerous than paying off credit card debt, medical bills, and other types of debt. Because federal student loans provide flexible, income-based repayment plans, deferments, forbearances, … Read more
Before making a final decision about this, you’re thinking about becoming a loan officer but want to learn more about the work-life balance, salaries, job prospects, educational requirements, promotion opportunities, and other factors. You’re in luck because the following chapters will detail the advantages and disadvantages of working as a loan officer. Loan Officer Job … Read more
Student loan refinancing is an excellent way for individuals to save money over the course of their loan repayment period. Refinancing can be especially beneficial if you’re able to secure a lower interest rate or save money in other ways. Citizens Bank is one of the top lenders in the student loan refinance market and … Read more