Personal Finance Tips: Should I Use My 401(k) To Pay Off Debt?
25% of people between the ages of 24-35 have taken money out of their 401(k) retirement plan to pay down debt – and taking some money from your retirement savings to pay off your debt may seem like a good idea if you’re not sure how else to get out of debt.
Will COVID-19 Affect Personal Loans and Interest Rates?
Whether you’re looking to take out a personal loan of your own due to the spread of COVID-19 coronavirus, or you’re a financial services professional, you may be wondering how this pandemic has affected personal loans in America.
Personal Loans: Lenders Requiring More Personal Data on Loan Applications
For years your credit report data was enough for lenders to judge whether or not you are worthy of a personal loan. Recently, however, lenders have become hungry for what almost all companies want in 2020; more data.