Drivers may want to refinance an auto loan for several reasons—get a better interest rate, remove a cosigner, lower monthly payments, or tap into the car’s equity. While it’s possible to refinance an auto loan through a bank or dealership, credit unions can sometimes offer lower rates. However, some credit unions have membership requirements. Here’s what you need to know about the best credit union to refinance an auto loan nationally, and how to look for the best deals at local credit unions and determine if an auto loan refinance makes sense for you. Table of Contents Skip to Section Bes ..read more

If you have fair credit—meaning, a FICO score between 580 and 669—it’s typically easier to be approved for a HELOC than an unsecured personal loan because your home is collateral, giving lenders more security if you default.  Still, a lower credit score means you’ll pay higher interest rates than borrowers with good or excellent credit, which makes shopping around to find the best rates and terms critical. Below, we’ll break down the top HELOC options for fair credit and provide tips on how to boost your approval odds. Table of Contents Skip to Section 3 best HELOCs for fair credit HE ..read more

A personal loan is money you might borrow from a bank, credit union, or online lender. With a personal loan, you make fixed monthly payments over a set period. These loans are usually unsecured, meaning you don’t provide collateral. The appeal of personal loans is how easy it is to get one and the flexibility to use them for almost any purpose. In addition, they can have lower interest rates than other sources of credit like payday loans or credit cards. If you live in Wisconsin, you might take out a personal loan to keep up with the state’s slightly higher-than-average cost of living. Wiscons ..read more

4.5 /5 LendEDU Rating Learn More Gold IRA & Gold Dealer Extensive educational resources Excellent customer service Wide variety of metals Charges a premium to metal “spot” prices No choice of self-directed custodian Refund policy varies by state Since 1960, Goldline has helped customers purchase precious metals, including gold, silver, platinum, palladium, and copper. Owned by A-Mark, a Fortune 500 company, Goldline offers multiple ways to buy these metals and invest. Goldline aims to help you diversify your portfolio and protect you against economic ups and downs. Goldline is ..read more

Home equity lines of credit (HELOCs) aren’t just available through traditional banks and credit unions. With the rise of online lenders comes online HELOCs—and added convenience and efficiency. Online HELOCs not only spare you from commuting or waiting in line but also streamline the entire HELOC process. You can shop for HELOC rates, submit an application, and schedule an appraisal from the comfort of your couch. But not all online HELOC lenders are equal, so we’re bringing you three of the best places to get an online HELOC. Table of Contents Skip to Section The best online HELOC lenders ..read more

Inheriting a house with a reverse mortgage can feel like an unexpected burden during an already difficult time. You likely have many questions about your responsibilities and what options you have for dealing with the outstanding loan balance. But depending on your circumstances, you have several paths forward.  Below, we’ll walk through your options—from keeping the home and paying off the reverse mortgage to selling the house or allowing foreclosure. We’ll also cover the typical timelines for making decisions, as well as the pros and cons of each choice. So, with that in mind, here ..read more

A preapproved car loan is a conditional loan approval from a lender for an auto loan. It includes estimates of a loan amount, interest rate, and repayment terms you may be approved for. With a preapproved car loan, you can simplify the car-buying process and potentially save time and money.  Below, we’ll dive deeper into how to get a preapproved car loan, whether it’s a good idea, and what to do in the event you get denied a loan. Table of Contents Skip to Section How does getting preapproved for a car loan work?  Where can you get preapproved?  Should you get preapproved?&n ..read more

In 2023, the average personal loan borrower took out almost $20,000. Given the high interest rates on credit card debt, debt consolidation was a popular reason for needing a $20,000 personal loan.  To get a $20,000 personal loan, you’ll need to meet certain criteria. Your lender may be choosy about who it lends to, but you can also do the same and shop around for the best loan options. We’ll show you how. Table of Contents Skip to Section What lenders offer personal loans for $20,000? How to get a $20,000 personal loan How to repay a $20,000 personal loan Pros and cons of a personal l ..read more

Struggling to pay your bills can be stressful, so personal loans—funds you can borrow for almost any purpose—may seem to offer a way out.   It’s true that you can use personal loans to pay bills. If you’re in danger of losing your shelter, it’s a better solution than taking out a payday loan. But in most cases, we don’t recommend using personal loans to pay bills. We’ll show you why and explore better alternatives.  Table of Contents Skip to Section Can you take out loans to pay bills? Why we don’t recommend personal loans to pay bills How much more will a bill cost if you u ..read more

The Consumer Financial Protection Bureau reported in 2020 that a sizable percentage of servicemembers struggle with delinquent debts shortly after they leave active duty. A FINRA Investor Education Foundation study found that vets are 40% more likely to be underwater on their mortgage, 28% more likely to make a late home payment, and 9% more likely to have problematic credit card behavior than non-veterans. These numbers indicate that it’s not uncommon for retired service members to struggle to get approved for the loans they need. But you can find personal loans for veterans with bad credit i ..read more