Tag Archive for: borrowing money

Student Loan Repayment May Force Some To Take On More Debt: Survey

Student loan forbearances brought relief for millions during the uncertain times of the COVID-19 pandemic. But after more than three years, many consumers are now bracing for significant adjustments to their household budgets. Many will even have to delay major life plans and milestones in order to manage their student loans, existing debts and other day-to-day expenses.

Personal Loan Interest Rates Surge For 3- And 5-Year Loans

Whether a personal loan is right for you often depends on multiple factors, including what rate you can qualify for. It's always a good idea to comparison shop. By comparing multiple lenders and their rates could help ensure you get the best possible personal loan for your needs.

3 Financial Mistakes You’ll Regret During COVID-19

The moves you make in the coming weeks or months could spell the difference between emerging from the crisis financially unscathed or hurting for years. For three big mistakes it pays to avoid at all costs, CLICK ON THE HEADLINE

In Coronavirus Economy, Financial Advisers Telling Clients These Three Key Things

As millions of Americans struggle to adjust to a “new normal,” it is no surprise that many are checking on 401(k) balances, investments, and portfolios. To calm fears amid the current market climate, here are three pieces of advice that some advisers are sharing with clients. CLICK ON THE HEADLINE FOR MORE

Thinking of Raiding Your Retirement Plan Because of COVID-19? Here Are 3 Reasons You Shouldn’t.

Under the CARES Act, you can now withdraw up to $100,000 from your retirement plan penalty-free if you've been negatively affected by COVID-19. But here are three reasons it's unwise to go that route. CLICK ON THE HEADLINE FOR MORE

How Your Money Might Be Affected If The Fed Cuts Interest Rates

How would a rate cut — the first since 2008 — impact the average consumer? While it’s hard to predict, generally, a rate cut is good for borrowers, bad for savers, and mixed for investors. CLICK ON THE HEADLINE FOR MORE