At a Glance: If you need financing for an engagement ring, you have several options. Zero-interest credit cards offer promotional periods without interest, but be mindful of credit utilization. Buy now, pay later services allow partial payments over time. Merchant financing is available at jewelry s…
At a Glance: When applying for federal student loans, a cosigner is generally not required as credit checks are not necessary. Private student loans may require a cosigner unless you have a good credit score (typically over 650) and a history of on-time payments. Federal student loans rarely need a …
At a Glance: A secured loan is backed by collateral, which the lender can claim if the loan is not repaid. While most personal loans are unsecured, some lenders may require collateral. Collateral can be cash, a car, a boat, a home with equity, investments, an insurance policy, luxury items, precious…
At a Glance: FAFSA, or Free Application for Federal Student Aid, is a form required to access financial aid for college. It is completed by students to qualify for student loans and determine the amount of financial assistance they will receive. Eligibility criteria include having a valid Social Sec…
At a Glance: Debt consolidation involves combining multiple loans into a single loan, simplifying payments and potentially reducing interest rates. It offers benefits like faster repayment, simplified budgeting, and potential credit score improvement. However, there are downsides, including fees, po…
At a Glance: Lasik eye surgery comes in different types, each with its own cost. Blade Lasik is an older procedure, averaging $1,677 per eye, while bladeless Lasik costs around $2,119 per eye. Custom (wavefront) Lasik, a more advanced option, typically costs $2,100 per eye. PRK and Lasek range from …
At a Glance: When it comes to financing a scooter, personal loans are a popular option. They can be easily obtained from banks, credit unions, or online lenders. Personal loans offer lower interest rates compared to credit cards and do not require collateral or a down payment. Recommended online len…
At a Glance: Variable rate loans have interest rates that change over time based on a benchmark rate, while fixed rate loans have a consistent interest rate throughout the loan term. Variable rate loans offer the potential for lower payments if the benchmark rate decreases, but also the risk of high…
At a Glance: A travel loan is a form of financing that allows you to fund a trip when you’re on a budget. It provides a loan with scheduled monthly payments and a fixed interest rate, without requiring collateral. When choosing a travel loan, consider factors such as low fees or no fees, a low…
At a Glance: The cost of a shed depends on factors like materials, size, and finishing, ranging from around $1,500 to $4,000 on average. Personal loans are a popular option for shed financing, offering flexibility and no collateral requirement. Lenders like Upgrade, Upstart, and LightStream provide …