“Should I loan money to my family?” This is a question I get asked about (and ask others about) very often. And unfortunately there’s no simple, straightforward answer. Loaning money to family can be complicated and emotional. At the same … Continue Reading

There are times when you need to borrow a relatively small amount of money, and pay it off over the course of a few months, but you don’t want to pay the high rate that is likely on your credit … Continue Reading

Not every loan is created equally. I bet you’re familiar with seeing credit card interest rates (also known as the annual percentage rate, or APR) around 15 percent. But did you know that there are borrowing options that can cost … Continue Reading

If you’re considering your college options, you’re also probably considering how to pay for it – and when it comes to paying for college, student loans seem like a necessity. But before you sign on the dotted line for any … Continue Reading

After a while, debt can become a huge burden, especially as it piles up and becomes difficult to keep track of. In some cases, when you become overwhelmed by your debt, it can make sense to consolidate it. Before you … Continue Reading

In some cases, it is necessary to use debt as a way to make a major purchase. Few of us can buy a new car with cash, and even fewer of us can plunk down hundreds of thousands of dollars … Continue Reading

Credit card companies, mortgage lenders and even banks all advertise to new customers with one magic number: the interest rate. With so much of the financial industry offering low introductory interest rates or higher-than-average savings rates for new clients, It’s … Continue Reading