Most of the best personal loans come directly from a bank or credit union. However, some companies offer peer-to-peer loans, which means the funding for your loan comes from another individual, not an institution. Peer-to-peer (P2P) loans can sometimes be more accessible to borrowers thanks to easy application processes and sometimes higher loan amounts. CNBC
When applying for any type of loan, the higher an applicant’s credit score, the better chances they have at qualifying for low interest rates and other favorable terms. But when it comes to paying for college, many students may have a low or no credit score because they simply haven’t been able to build credit
Student loans can feel like a lifeline when you’re chasing that degree, but the interest? That’s the part that sneaks up on you if you’re not paying attention. Knowing when your loans start piling on interest is key to managing your debt like a pro. Whether you’ve got federal or private loans, the timing varies,
Struggling with student loan debt and thinking bankruptcy might be your way out? It’s a tough road, but you can discharge federal or private student loans if you prove “undue hardship” under the Brunner test-a legal standard courts use to decide if your loans can be wiped out. With 43 million Americans juggling $1.6 trillion
As President Donald Trump’s sweeping tariffs create turmoil in financial markets, a personal finance pro shared guidance on why you shouldn’t check your 401(k) right away or make any rash financial moves. “Go ahead and panic. Scream, cry; you can even curse,” Washington Post columnist Michelle Singletary said Thursday as Americans saw drops to yearslong
Personal loan: If you are planning to raise a personal loan from a bank or a non banking financial institutional (NBFC), it is vital to compare the interest rates charged by different institutions. Typically unsecured loans are given at fixed rates of interest. This means when a loan is taken at 11 percent interest rate, it will
The Gemini Credit Card will likely appeal to the cryptocurrency-curious who want a convenient way to explore the new(ish) financial frontier of meme coins and digital wealth. This no-annual-fee card allows you to earn credit card rewards in the form of 50+ different cryptocurrencies. Because the value of any cryptocurrency depends on market conditions, this
More Americans than ever are dipping into their retirement prematurely, and experts warn it could have serious consequences on their finances later in life. A study by Vanguard that examined data from nearly 5 million people with retirement accounts, found a record 4.8 percent of account holders took hardship withdrawals from their 401(k) accounts in
Land is an asset that most people want to own. But with land costs soaring across the country, buying residential plots has become a tough task, especially in the metros and tier-1 cities. With land purchase loans, you can buy residential plots without stretching your finances too much. A land purchase loan has a lot
Getting a personal loan when you have bad credit or no credit history can be tough. However, some lenders can still work with you, helping you borrow money for emergency expenses including medical bills and auto repairs, refinancing high-interest debt or even consolidating debt payments. CNBC Select rounded up the top bad credit personal loans,