Are Debt Consolidation Loans a Good Idea? Pros, Cons, and When They Help
What Is a Debt Consolidation Loan? A debt consolidation loan is a new loan used to pay off multiple existing debts, usually credit cards, medical bills, or other unsecured balances. Instead of juggling several due dates, minimum payments, and interest rates, you make one fixed monthly payment to one lender. That sounds simple, but the […]
10 Free Promissory Note Templates for Personal Loans
1. Simple Promissory Note for Personal Loan Date: [Insert Date]Borrower: [Borrower’s Full Name, Address, Phone, Email]Lender: [Lender’s Full Name, Address, Phone, Email] I, [Borrower’s Name], promise to pay [Lender’s Name] the principal sum of $[Loan Amount], received in full on [Date Loan Given]. This amount will be repaid in full on or before [Due Date]. […]
Comparing Business Loans
Starting a business can be costly. Whether it is for a start-up business or a new and exciting idea in your business, a loan is an example of a funding option. The choice of funding can determine the structure of the business, and therefore, it is essential to make the right choice. photo credit: Towfiqu […]
Free Hardship Letter for Student Loans Sample
[Your Name][Your Address][City, State ZIP Code][Email Address][Today’s Date] [Lender’s Name][Lender’s Address][City, State ZIP Code] Dear [Lender’s Name], I am writing to inform you of my current financial hardship and to request your assistance in addressing it. Due to [insert hardship], I am experiencing difficulty making my monthly student loan payments on time. My current financial […]
Payday loans algorithm update 2022
Google has rolled out a new update called Payday Loans algorithm update 2022, which aims to reduce spam and unsavory sites in search results. The Payday Loans algorithm update will target sites that use Black Hat SEO techniques and spammy content to improve their ranking. The updates will also penalize sites that offer bad customer […]
What Are The Different Types Of Personal Loans That Exist Today?
There are many types of personal loans, including unsecured with fixed rates, secured and adjustable-rate personal loans. That said, factors such as credit score and timeframe will determine the type of loan you qualify for. photo credit: Pixabay This guide will walk you through the different types of loans available and briefly how each […]
Tips for Paying Off Student Loans Fast
The average student borrower has $37,113 in debt. This can be a substantial burden to those who are working to pay down their student loans. There are, however, some things that can help with this. Here are some tips for paying off student loans fast. Utilize Autopay Autopay is a function you can set […]
Should I Take The Dream Job Or The Higher Paying Job?
Usually we talk stocks.. but lets talk money today. Check out BlockFi below! They give up to a $250 bonus and they pay up to 8.6% APY on Stablecoins and 6% on Bitcoin! https://blockfi.com/myfinancialfriend Patreon: Here is the link to Patreon! You get access to a group Discord (like a chatroom) to talk over stocks […]
How Three Government Loans Make Homeownership Possible for Little to No Money Down
Buying a home is a step that most adults want to take, but it is also a step with high costs that keep getting higher as time passes. When buying a home, it is essential to understand the home buying process. Unfortunately, not everyone has the time to take a class on home buying 101 […]
A review of the payday loans algorithm in 2021
30-second summary: Any company holding a top-five position for the search term “payday loans” on Google is likely to be generating some serious revenue. Being an industry that was once worth around £2 billion in 2013 the industry is not as decorated as it once was, with companies from all over the world trying to […]