Let’s face it - loans are a fact of life. From school tuition and vehicles to homes and businesses, there are few major investments in life that don’t require a loan to help foot the bill at the beginning. Here we’ll catch you up to speed on the various types of loans, how to get the best rates and, most importantly, the ins and outs of paying them off.
Loans
Co-signing a loan can feel like a generous step toward helping someone overcome credit challenges, yet the commitment often carries more risk than expected. Many intend to support a loved one while they work toward stronger financial habits, only to find that missed payments or shifting circumstances create significant stress. When responsibility for a shared […]
9 minute read
Home Ownership
Buying a home isn’t always straightforward, especially when a conventional mortgage feels out of reach. That’s where FHA loans come in. Designed to help borrowers with limited savings or lower credit scores, they offer a more accessible path to homeownership. Yet many people aren’t sure how FHA loans work, what they cover, or whether they […]
5 minute read
Loans
If you’ve come across the terms “fixed rate” and “variable rate” before, you might have overlooked them as complicated financial terms. But really, when you break it down, fixed and variable rates are actually fairly simple. They are exactly what they sound like — an interest rate that is either set in one spot or […]
5 minute read
Loans
Co-signing a loan can feel like a simple act of support, especially when someone you care about is struggling to get approved on their own. But while it may seem helpful, adding your name to someone else’s debt is a serious financial commitment. It can affect your credit, your borrowing power, and even your closest […]
5 minute read