You are considered personally liable with recourse loans if you default. Mortgages and auto loans are often recourse loans, though this may differ between lenders. Lenders may seize personal assets ...

Bridge loans are short-term loans that help cover costs during transitional periods, most often the time frame between buying and selling a home. Like a mortgage, you might need to put your home up as ...

Unlike with credit cards, the interest on debt consolidation loans isn't compounded. The interest rate is typically fixed, which means it stays the same for the life of the loan, although ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

A mortgage is a loan used to purchase or maintain real estate, including houses and commercial properties. A buyer repays the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Common factors business lenders might consider.

Loan terms are one of the most important aspects of borrowing money. They include details such as your monthly payment and the interest you’ll pay over the life of your loan. Find Out: 5 Subtly Genius ...

Negotiate with your lender. If you have private student loans, you may be able to negotiate a lower interest rate with your ...

The Covid-19 pandemic hasn’t made it any easier to pay off student loans. According to the latest student loan debt statistics, there are 45 million student loan borrowers who collectively owe $1.7 ...