Our Blog

Can Someone Unemployed Get A Personal Loan?

03 Feb, 2016 / Comments:Comments Off on Can Someone Unemployed Get A Personal Loan? / By Jennifer Hamilton

Being unemployed inevitably throws your finances into chaos. You have no money coming into the home, assuming you are single, and the bills start to pile up. In the short-term, you need to find a source of money to pay off your expenses, or loans you’ve already taken out. And if you have bad credit your bank will turn you down for a loan. There’s an alternative, though. Even if you aren’t in work, you can still get a bad credit personal loan. It does differ for people in this position, though.

READ MORE

Risks Associated with Taking Out a Loan on a 401k

22 Jan, 2016 / Comments:Comments Off on Risks Associated with Taking Out a Loan on a 401k / By Jennifer Hamilton

The majority of 401k plans allow people to withdraw a loan from the account, and so many people do take advantage of this. In fact, an average of 13,000 people take a loan out from their 401k every month, for a median of $4,600. Yet, about 10% of these people end up defaulting on their 401k loans, which is usually caused by a job loss or change that they did not anticipate. On top of this, there are some risks involved. Here are some of the top risks to look out for when considering taking out a

READ MORE

Pros and Cons of Donating Your Car to Charity

14 Jan, 2016 / Comments:Comments Off on Pros and Cons of Donating Your Car to Charity / By Jennifer Hamilton

If you are thinking about donating your car to charity then it is important to be fully aware of both the advantages and disadvantages of giving away your car. You may reaffirm your decision with all of the positive aspects of donating your vehicle, or could discover that the drawbacks are not worth the good deed. Here are some advantages and disadvantages to donating your car to charity. Advantage: Doing a Good Deed One of the more obvious advantages of donating your car to charity is that you

READ MORE