Personal Finance Advice and Commentary

Thursday, February 11, 2016 10:01 am
By Mitch Strohm · Bankrate.com

Credit card debt is becoming a staple of the American household, as more people look to plastic as a personal loan. An estimated 60% of Americans have credit card debt.

Thursday, February 04, 2016 4:16 pm
By Dr. Don Taylor · Bankrate.com

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.

Tuesday, February 02, 2016 12:59 pm
By Dr. Don Taylor · Bankrate.com

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.

Friday, January 29, 2016 10:37 am
By Dr. Don Taylor · Bankrate.com

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.

Tuesday, July 12, 2011 1:50 pm
By Marcie Geffner · Bankrate.com

OneMain Financial. That’s the new name of Citigroup’s consumer lending arm, which offers personal and home equity loans through 1,300 U.S. branches. The rebranding of the Baltimore-based company, announced last December, is intended to “distinguish its business with an identity that better represents who they are and what they do,” according to a press statement.