Category Archives: Uncategorized

There have been two major trends reported in the personal loans industry this past week, and these have major consequences for anyone opting for a personal line of credit. First, financial analysts are reporting a decrease in the number of borrowers seeking personal loans for debt consolidation. This means more borrowers are choosing to pay […]

Add the writers at SmartMoney.com, one of the Web’s most trusted sources of financial information, to the growing chorus of financial experts – and debt consolidation providers — wondering if consumers are ready to dust off their credit cards again. In February, of course, consumer credit fell by $11.5 billion, a figure that includes a […]

Though most aren’t even old enough to vote, prospective college students are learning a harsh political lesson. Thanks to a plethora of states struggling with mounting budget deficits, many public colleges and universities are boosting tuition rates. Luckily, Junior and little Sally will have the option to take out a student loan to cover those […]

Perhaps no other topic dealing with personal loans is more hotly debated than personal loans made between friends and family members. Perhaps this is because we have all, at some point, needed to borrow money quickly but couldn’t get it through a traditional source. Or perhaps a loved one came to us in desperate need, […]

A sharp increase in the number of personal bankruptcy filings in March provides more evidence that debt consolidation loans, despite those critics who decry them, serve a necessary function. After all, if more consumers would turn to debt consolidation services, they might be able to avoid having to file for bankruptcy. And that’s something that […]

Each new day seems to bring a new attack on companies in the for-profit debt consolidation and settlement businesses. Critics of these companies say that they charge fees that are too high, or that they levy interest rates on their debt consolidation loans that are simply exorbitant. Some companies working in this field deserve the […]

According to an article on CNN Money this week, interest rates on various loans, including personal loans, has been on a steady upward climb since the economy has begun to heal. Although mortgage loans have experienced the quickest rise in interest, personal loans and credit cards have also seen a slow and steady upward climb […]

One year after the $787 billion economic stimulus plan was announced by President Obama, there are opposing viewpoints as to the effectiveness of that stimulus plan. The government is spending money at a pace that the U.S. has never seen before and the spending is going to ramp up even more heading into year two. […]

In yet another attempt to boost the still struggling economy, the government is encouraging consumers to go green. Certain energy-efficient purchases allow taxpayers to receive a rebate to help alleviate the expense of making earth-friendly purchases. While these energy-efficient improvements can be costly, the incentive programs combined with the energy savings you’ll see make exploring […]

If you have to move cross-country for your job or your school, you can use personal loans to finance your trip. Even if your company will cover your relocation expenses, most companies will do a reimbursement of your costs after the job starts. This means you will still need to come up with the cash […]