Student loans are one of the top three common sources of debt for many Americans. In fact, NPR reports Americans have about $1.3 trillion in student loan debt alone. That’s a scary figure! The reality of the debt situation is troubling for a number of reasons. Chief among them? The fact that many of those borrowers […]
Before you apply for any kind of financing, it’s important to understand how loans work so you know which type is best for your situation. Here are some common questions and answers about loans.
Do you have any debts? — Student loans, credit card debt, car loans, a mortgage? Every now and then, we have to face the horrors of repaying debts. The problem is that the situation frequently creates a vicious circle. One type of debt leads to another and by the time you realize it, you are […]