Essential Insights to Remember Refinancing federal loans strips away government safeguards, so consider the trade-offs carefully. Snagging an autopay discount is a low-effort way to trim your interest without altering loan terms. Cosigners stay on the hook for the debt even after you refinance. Millions of Americans have dipped into student loans to cover college… Read More »
Key Takeaways In 2024, tying the knot in the U.S. will set you back roughly $33,000 on average, according to data from The Knot. The price tag for wedding loans varies greatly, hinging on factors such as interest rates, repayment timelines, and the amount borrowed. Your borrowing capacity and loan approval often rest on your… Read More »
Key Insights Opting for voluntary repossession means you hand back your vehicle willingly instead of waiting for the lender to snatch it. Despite sidestepping some fees, your credit score still takes a hit for up to seven years whether repossession is voluntary or forced. If your car sells for less than what’s owed, you could… Read More »
Key Insights to Keep in Mind Shutting down a credit account might dent your credit rating by trimming your credit history and bumping up your credit utilization ratio. Choices for managing outdated cards include downgrading, upgrading to unsecured versions, or leaving the card active for infrequent purchases. Expired debit and credit cards can be safely… Read More »