Loan origination isn’t free, even when there are no upfront fees. When you take out a personal loan you’re paying the expense involved with loan origination.
Like all forms of credit, personal loan lenders use risk-based pricing. The worse your credit is, the higher the interest rate on your loan.
On Monday, the U.S stock market opened lower on weak economic news out of China and lower oil prices. If China’s economy catches a cold, does Europe get the flu?
Debt consolidation, home improvements and major purchases are the top reasons people choose personal loans. Others include financing a vacation, paying your taxes or paying for medical expenses.
Employers have moved away from offering pension plans with their defined benefits to offering defined contribution plans where the employee contributes from his or her salary and the employer may offer a matching contribution to a 401(k).
If you’re 50 or older, catch-up contributions can help get your retirement savings back on track and correct the financial mistake of not contributing earlier in your career.
The CFPB says, “When employees choose a lump-sum payout instead of a monthly pension payment, the responsibility for managing and investing the pension money shifts from the employer to the employee.
Whether or not they work with an investment professional, investors should know their risk tolerance and how it shapes portfolio asset allocation decisions.
January is Clean Up Your Computer Month. Bankrate offers tips for seniors to protect their privacy and security online. The advice applies to anyone.
A fiduciary standard is the higher standard and requires that the professional put the client’s interests 1st in the actions he or she takes on behalf of the client.