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.
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.
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.
In Debt Up To Your Ears? Here’s How to Get Out of Debt, Even if You Have Bad Credit. Acquiring and trying to pay off debts can seem like a game of whack-a-mole. Just when you think you’re about to pay one off, others pop up in its place. It’s an emotionally and physically exhausting […]
A storm rolls in, thunder booms and lightning flashes, and now your house needs repairs from the storm! Having a poor personal credit score (between 300 to 629 based on the FICO scale) presents hurdles to getting any type of loan or credit, such as a home improvement loan.