Loans

Despite fears about the impact of a liquidity crisis in the industry on Coinbase, the company said it had no counterparty exposure to several collapsed crypto firms. In a blog post published Wednesday, Coinbase stated that it had no financial exposure to Celsius, Three Arrows Capital, and Voyager Digital. As a result of a plunging...

President John Williams of the New York Federal Reserve said Tuesday he expects the U.S. economy to avoid a recession even though he believes significantly higher interest rates are needed to contain inflation. “A recession is not my base case right now,” Williams told CNBC’s Steve Liesman during a live “Squawk Box” interview. “I think...

For many people, financial terms tend to be confusing. This is certainly the case with personal loan terminology, which is why it’s helpful to have a glossary to refer to when trying to decipher loan documents. Click below for a comprehensive resource to help you better understand your personal loan – even the fine print....

Are you planning to take out a loan to cover an upcoming expense? If so, there are a few things you need to know beforehand. Top of mind should be to understand all the terms of your loan, too, as they represent a contract between you and your lender. Read on to learn everything you...

Short-term loans, often called “payday loans”, are typically advertised as perfect for those with bad credit, who may not qualify for personal loans from traditional lenders like banks or credit unions. However, payday loans are dangerous for a variety of reasons. Borrowers should take caution before using this option. Image via Unsplash/Ehud Neuhaus Continue to...

Payday loans are a popular way to get cash fast, but they are notorious for their high interest rates and tendency to plunge consumers into a never-ending cycle of debt. They are a solution of last resort and personal finance experts warn against them strongly. However, are there instances when they make sense? Read on...

If you’re looking to be free from your debts sooner rather than later, there are tactics you can use to pay your loans off faster. Although they work for any type of loan, they’re particularly useful in gaining freedom from your personal loans. Read on to learn how to speed up your loan payment timeline....

Personal loans are a type of unsecured credit that is generally very flexible. In fact, you can use them for a multitude of reasons, both planned and unplanned. Click through to learn six common reasons people opt to use personal loans for their expenses. Image via Unsplash/@jinyun Continue to original source.

When you need cash fast, an easily available option is the short-term, high-interest loan. Also known as a payday loan, this option also offers a solution to consumers regardless of credit. However, these loans often come with dangerous terms like sky-high interest rates. You should use caution before accepting loans with these types of terms....

Peer to peer lending is an online platform that allows you to borrow directly from an individual instead of from an institution. Peer to peer lending is growing in popularity because it’s a simple process that’s a win-win for borrowers who pay low interest rates and investors who earn high interest rates. You can borrow...