Put simply, when a person or establishment lends money to another person or establishment, agreeing that the borrower will repay the funds later, this is considered a loan. Typically, the borrower is expected to pay back the loan along with finance charges or interest. Today many places offer loans, and there are many different types … Read more
2020 was no trick on the eyes. It came, it made a lasting impression, and it inevitably went. We head into 2021 with a mixture of hope and the unknown. What can be known, given the last year, is how crucial it is to save money in an emergency fund for times of great financial … Read more
Regardless of what stage you’re at in life, we all want to be financially stable. Setting tangible and realistic goals is the first step toward financial security. Whether you want to buy a house or pay off debt, there’s never a bad time to establish financial goals. Take control of your finances once and for … Read more
As a financial health measurement, your credit score is the number that lenders can use to determine the likelihood of repayment if they were to give you a credit card or a loan. The higher your credit score is, the easier it may be to get approved for money loans or lines of credit. If … Read more