Loans Archives - Page 6 of 32 - Stilt Blog

At a Glance: A personal loan is an unsecured loan that allows you to borrow money without providing collateral. It relies on factors like your credit score to determine your eligibility. Personal loans offer flexibility in spending and can be used for various purposes. They have advantages such as l…

At a Glance: To finance a garage or other addition, you have several options available. Personal loans and garage loans are specifically designed for this purpose, while home equity loans and home equity lines of credit (HELOCs) use your home’s equity as collateral. Cash-out mortgage refinanci…

At a Glance: When deciding which student loan to pay off first, consider factors such as the type of loan (federal or private), interest rates, and loan balance. For private student loans with higher interest rates and fewer benefits, it’s generally best to prioritize paying them off quickly. …

At a Glance: The FAFSA is the first step in applying for federal student loans. For the 2023-24 academic year, the FAFSA application opens on October 1, 2023, and the final deadline is June 30, 2024. Private student loan deadlines are more flexible, with lenders accepting applications throughout the…

At a Glance: When it comes to financing tiny houses, traditional mortgages are not available due to their small size. However, there are alternative options such as personal loans, RV loans, home equity loans, or financing through lenders partnering with tiny house builders. Some recommended lenders…

At a Glance: Federal loans are not limited to universities and colleges; they can also be used for trade schools. Subsidized loans are popular, with the government covering interest while attending school. Unsubsidized loans accumulate interest but have a fixed rate. Private student loans are an opt…

At a Glance: Yes, snowmobiles can be financed through various options such as personal loans, dealer financing, and credit cards. There are lenders and financial institutions that offer snowmobile loans with different requirements and rates. Some popular choices for snowmobile loans include Upgrade,…

At a Glance: HVAC loans are unsecured personal loans used to purchase heating, ventilation, and air conditioning systems. Lenders like Upgrade, LendingClub, LightStream, Wells Fargo, and Discover offer HVAC financing options with varying credit score requirements, repayment terms, and fees. Consider…

At a Glance: Student loan interest is the additional amount borrowers must pay back to the lender on top of the borrowed principal. The interest rate and how it accrues (e.g., fixed or variable, daily or monthly) are outlined in the loan’s promissory note. Subsidized loans don’t accrue i…

At a Glance: A dental loan is an unsecured personal loan used to pay for dental procedures. It can be used when dental insurance coverage is insufficient or for cosmetic procedures not covered by insurance. Factors to consider before applying for a dental loan include checking credit score and getti…