What You Need to Know To Consolidate Debt Did you know that only around 20 percent of Americans are free from debt of any kind? That means that 80 percent of Americans carry some kind of debt, according to the Pew Charitable Trusts. However, finding the right solutions to help you manage your debt can […]
Find out if a debt consolidation loan is right for you Debt. Sometimes it’s used to get what we want—a new car, a house. And sometimes it’s used to pay for what we have to—medical bills, home or auto repairs. No matter how it’s used, debt has become part of the fabric of our financial […]
The simple, fool-proof method for paying off debt If it seems like you’ve always been in debt and there’s just no way to get out, take heart: There is a solution to becoming debt free. Can you imagine a life without debt? A life where you’re not paying for yesterday’s expenses, but instead can use everything you earn […]
It’s that time of year again. The gifts, the wrapping paper, the fancy meals – it all adds up. For some, affording the holidays means accruing bills and worrying about how to pay off debt later. For others, it means setting aside extra money throughout the year. Either way, the average shopper will spend $682 […]
Understanding how to use your home equity as a financial strategy is crucial in planning your long-term financial goals. A home equity loan can be one of your powerful financial tools. Home equity is the difference between your home’s current market value and your mortgage’s outstanding balance. In short, the equity in your home represents […]
You can use a personal loan for almost anything, such as covering unexpected expenses, funding a vacation, or consolidating debt. The beauty of personal loans in New Jersey is their flexibility. Securing personal loans in New Jersey is a straightforward process. However, you need careful planning and consideration to make the best decisions for your […]
Expert Insights: Tackling Student Loans in New Jersey Students who are New Jersey residents have average student loans of $34,434. New Jersey ranks number 11 with the largest average student loan debt. Managing student loan debt allows you to pay off the debt more quickly. The sooner you pay for your student loan, the less […]
Home equity represents a valuable asset that can contribute to building wealth. You can avail of home equity loans using your home as collateral. Understanding Home Equity Home equity is the portion of your home’s value that you own. It is the portion without any outstanding debts or liens against it. Calculating your home equity […]
Often used for home improvements, debt consolidation, or other significant expenses, a home equity loan, also known as a second mortgage, allows homeowners to borrow money using the equity in their home as collateral. These loans also come in two forms, as a lump sum, wherein the borrower receives the full amount of the loan […]
A personal loan comes in two “flavors.” It can either be a secured loan or an unsecured loan. When it comes to checking out your option for personal loans, it is important to make sure you know how they work. Knowing how these types of personal loans work allows you to decide which type of personal loan is the best […]