Personal loans

Everything you should know about a personal loan

A personal loan is the most common type of loans for individuals in the USA. Millions of people opt for personal loans for whatever needs: purchasing goods and travelling, studying and medical treatment, buying vehicles and refinancing existing loans. Unlike, for example, mortgage loans, personal loans do not have a specific purpose, so a borrowerContinue reading

cost

What affects the cost of a loan?

The cost of the loan is the main thing everyone pays attention to when borrowing money. Yet, the majority mistakenly assumes that the cost of the loan equals the interest rate. It turns out that the total (the final) cost of a loan is comprised of several elements along with the interest rate. Each elementContinue reading

Private Parent loans

The most important things you should know about Parent loans for students

When comes a time for children to go to school or college, parents often opt for a loan that covers the cost of the tuition fully or partially. There is a reason why parent loan is the best option in certain circumstances. The bill for college includes not only the tuition itself but the costContinue reading