Now, I bought my first car when I was 20 years old and I was so stupid because I got a 200 dollar loan loan for seven years at 17% interest. So please don’t do what I did because I didn’t do any research and I took really bad advice from my friends on how … Read more
There are two main types of student loans federal student loans issued by the US. Department of Education and private student loans. Both differ in interest rates, eligibility requirements, loan modification options, and forgiveness programs. Although federal loans have more flexible payback terms, if you exhausted all other choices, a private student loan can help … Read more
The loan terms are typically less than five years, and the amounts range from one thousand dollars to one hundred thousand dollars. During the Pandemic, the Federal Reserve held interest rates close to zero. This can help reduce the cost of personal loans if one is available. Well, during the coronavirus recession, borrowers were subject … Read more