Cash Advance Apps vs. Payday Loans: Which Is Better?

If asked to picture a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday’s payday.” You probably don’t picture a mobile app that advertises on TikTok and sports a colorful logo. But cash advance apps like Earnin and Dave provide advances with the same borrow-and-repay … Continued

5 Features to Look For in a Personal Loan

Corrects: Second sentence in the seventh paragraph. You’ve researched a few different financing options and settled on a personal loan, but your work isn’t done yet. The next step is to decide which lender can make you the best offer. Affordability should be a top priority: If one lender offers a standout annual percentage rate, … Continued

How to Build a Home Office Without Breaking the Bank

For about six months beginning in January, James Hulett’s garage became his home office. His company sent him home earlier than most workplaces in an effort to keep the coronavirus from spreading. “I have a 3-year-old son who’s way into tools, so he would be [in the garage] finding tools to take them inside and … Continued

You Don’t Need Perfect Credit to Get a Personal Loan

A low credit score doesn’t have to stand in your way if you want to get a personal loan to cover an emergency or consolidate your debts. Borrowers with bad credit, which is a FICO score below 630, may need to put in some extra work to qualify for a personal loan. But taking these … Continued

Online or In Person: What’s the Better Way to Get a Loan?

If you’re looking for a personal loan, your options are increasing. There’s the traditional route — visit a loan officer at your bank — or the more modern option of an online lender that can get you a loan virtually overnight, if you qualify. Financial technology companies that offer personal loans online are encroaching on … Continued

5 Signs an Online Loan Is a Debt Trap

As you scan the crowded pages of Google search results for a low-cost loan, it can be difficult to decipher reputable lenders from predatory ones. These lenders, who use abusive or unfair practices, offer loans with high rates and excessively long or short repayment terms that make the lender money but leave the borrower with … Continued