article thumbnail

Personal Loans: Compare Top Lenders, Rates

Savings Corner

Consumer advocates say 36% is the highest annual percentage rate a loan can have and still be considered affordable. Ideally, getting one positively impacts your overall financial health, by helping you pay off debt faster, for example, or adding to the value of your home.

Debt 40
article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

We paid off over $147,000 in debt (actually way over that amount, if you want to count a $210,000 rental property that I sold at a slight loss.) About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) What inspired you to get debt free?

Debt 236
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Is A Personal Loan?

Savings Corner

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

Debt 52
article thumbnail

What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. to 10 percent.

Home 52
article thumbnail

Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

We have been given money ourselves during our process of paying off debt and try to remain grateful and giving. If married, who initiated the debt free goal? Were there arguments during the time you were working on your debt? Thank you, Acadia, for sharing your family’s debt free story.

Student 100
article thumbnail

Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

This post shows highlights how much you can earn before you need to pay tax. 20′s Finances: Hiring a Property Manager: What it Offers You Real Estate Investments can be time consuming. Good Financial Cents: What to Watch For With Debt Settlement Companies Considering using a debt settlement company?

October 200