5 Times You Shouldn’t Use a Credit Card
A credit card used responsibly can be a great tool to build your credit score and a credit history. If you pay off your bill in full every month and balance your budget like a pro, using a credit card...
View ArticlePayday Alternative LendUp Owes $6.3 Million for Misleading Borrowers
LendUp, an online lender that promised friendlier alternatives to high-cost payday loans, will pay $6.33 million in refunds and fines for violating consumer finance laws. LendUp, which operates in 24...
View ArticleWhy Insurers and Banks Want to Know Your Job Title
Your job pays the bills — but your job title might make those bills bigger. Lenders and car insurers look at customers’ occupations when setting interest rates and premiums. Credit, income and debt...
View ArticleSomething Borrowed: Using a Personal Loan to Pay for a Wedding
Many couples use credit cards to help pay for their weddings, but some take out wedding loans — unsecured personal loans whose interest rates are based on the creditworthiness of one or both...
View ArticlePayday Loans May Get Safer, Not Cheaper
Federal regulators proposed ambitious rules on Thursday that would require payday lenders to consider borrowers’ ability to repay and limit the number of repeat loans. When final, the rules would...
View ArticleChristmas Loans: The Coal in Your Financial Stocking
The holidays are almost here. You’re starting to worry about how to pay for it all: the shiny new ornaments, the photos with Santa, the plane ticket home. And all those Christmas gifts. You may be...
View ArticleA New Option for Payday Loan Borrowers
Borrowers in California and Texas searching for quick cash have a new option: a database of low-cost alternatives to high-interest payday loans. The database, built by NerdWallet and searchable by ZIP...
View Article5 Red Flags of a Toxic Online Loan
Online lenders have made it easier to get a personal loan. But the dangers of transacting online haven’t changed. For every responsible new lender, there are many bad actors. Some may be scam artists...
View ArticleAfrican-American Financial Gurus to Follow
Talking about money can be hard, but not if you’re a financial guru with thousands of loyal fans who walk your money talk. In honor of Black History Month, we asked some personal finance experts to...
View ArticleCredit Card vs. Personal Loan: Which One Should I Get?
When you need to borrow, you might consider a credit card or a personal loan. Credit cards are ideal for short-term expenses that you can pay off in a month, while personal loans are best used for...
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