While you may face tens of thousands of dollars of debt like the average American, you can take the reins of your debt with a consolidation loan. Debt consolidation puts your existing loans into a new, single loan, often with a better interest rate. This product can help you implement a more aggressive debt repayment … Read more
Debt consolidation can be an effective strategy for simplifying payments and saving money on interest. One way to consolidate debt is by taking out a home equity loan. But is tapping your home equity the right move? In this comprehensive guide, we’ll discuss when a home equity loan makes sense for consolidating debt vs. when … Read more
Home equity loans allow homeowners to turn their home equity into cash that can be used for debt consolidation, home improvements, or other expenses. Married couples can tap into their home equity as co-borrowers if each meets the lender’s credit and income requirements. Before taking out a joint home equity loan, it’s important to understand … Read more
A boat loan preapproval can help you navigate the potentially choppy waters of boat financing. Most boat loan preapprovals only require a few minutes to apply and you’ll typically receive an answer within two to 48 hours, depending on the lender. Whether you want to make waves in a speedboat, cruise in a yacht or … Read more
Are you planning to sell your home? Learn what happens to your HELOC and how to manage it during the sale process with this helpful guide. Having a home equity loan can complicate the process of selling your house As a homeowner, you may have taken out a home equity loan or line of credit … Read more
If you’re a homeowner looking to tap into your home’s equity for a large project, debt consolidation, or other major expense, a home equity loan from OneMain Financial is one option worth considering. As one of the nation’s largest personal loan lenders, OneMain has been providing home equity loans for decades. In this comprehensive guide, … Read more
Getting a home equity loan can provide you with extra funds when you need them, without having to refinance your mortgage. A home equity loan allows you to tap into the equity you’ve built in your home, putting some of that value to work for you. While a cash-out refinance is one option for accessing … Read more
If you own a manufactured home â also known as a mobile home â you might be wondering if you can qualify for a home equity loan or line of credit. The answer is yes, but there are requirements specific to borrowing equity on a manufactured home, such as a higher minimum credit score and … Read more
Student loan consolidation allows borrowers to combine multiple federal student loans into one direct consolidation loan. This can help simplify repayment by streamlining multiple monthly bills into a single payment. Consolidation also enables access to alternate repayment plans that could reduce your monthly dues. With federal student loan debt topping $1.6 trillion in the U.S., … Read more
To help rebuild your financial life after bankruptcy, borrowing against some of your home’s value can be a tempting option. Home equity loans usually charge lower interest rates than personal loans or credit cards and allow you to take out larger sums. But bankruptcy’s damage to your credit score and lending history creates significant hurdles … Read more