Now that the dust has settled after Hurricane Sandy, many East Coasters are facing the unfortunate reality of how the storm has rattled their finances. Time Magazine estimates that Sandy will cost $60 billion between property damage and lost business. But banks and lenders have placed a sliver of hope on the horizon.
Read full post >Consumers may be maintaining the highest 401k balances in over 12 years, according to Fidelity Investments, but they’re also borrowing from these retirement savings at a much more frequent rate.
Read full post >If you delve deeper into personal loans on a grander scale, you’d be surprised at what consumers try to finance. These large loan requests underscore the importance of financing based on need rather than impulse.
Read full post >There are an unlimited number of reasons consumers seek out borrowing large amounts of cash for needs that a credit card limit simply won’t cover. However, there are just two options that continue to resurface for those financial demands: unsecured personal loans and home equity loans.
Read full post >Before you sign your unsecured loan agreement, make sure you’re taking out the loan that is right for your situation.
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