Is Getting A Payday Loan A Good Idea?

Short term loans are designed to be paid off in a short period of time, typically less than a year. Long term loans are designed to be paid off over the period of many years. One type of short term loan that is often misunderstood is the payday loan. A payday loan is a microloan, or a small loan amount, that is paid off in a short amount of time. Read on to learn more about payday loans and whether they are a good fit for your needs. Read More 

Should You Use A Home Equity Loan To Pay Off Debt?

In recent years, mortgage rates and home equity rates have been at a historic low. However, interest rates for other types of debt (credit cards, student loans, auto loans) have not always followed suit. It can be tempting to borrow against your home equity to pay off higher-interest debt, but is this a good idea? What should you consider? What is a home equity loan? A home equity line of credit? Read More