Loan terms

How long should your personal loan terms be?

Ready to take out a personal loan? Learn about the benefits of opting for shorter loan terms here. (iStock) As the United States faces economic uncertainty, many consumers are considering personal loans. If you’re looking for a loan to help cover your expenses now, you need to pay attention to the term of the loan […]

Loan interest

Personal loan rates: Personal loan interest rates 2022: Comparison of personal loan rates from the best banks

Interest rates on personal loans are among the highest, so it would be prudent to borrow from a lender offering relatively low rates with a lower term (the longer the term, the higher the interest). Moreover, banks offer the lowest interest rate to customers who have an excellent credit rating. For example, IDBI Bank personal […]

Online loans

Online loans defy fears of mass defaults

Marketplace loans – unsecured personal loans issued online on platforms such as Lending Club, Sofi, Best Egg and Upstart – have defied skeptics amid the Covid-19 pandemic, with defaults rising only moderately even as unemployment has increased. According to a recent report from data provider dv01, bad loans in the market – those that have […]

Loan application

Pag-IBIG Fund cash loan application now live, executives say

In an effort to make loan applications easier and faster, the Pag-IBIG Fund has enhanced its online service portal to accept applications for its cash loan program. According to senior agency officials, several enhancements have been made to the Virtual Pag-IBIG during the first semester quarantine period to allow members to apply […]

Loan application

Starting the loan application process

Now that you have determined that you qualify (if you are unsure, please check your VA Loan Eligibility), you can begin the loan application process. This process includes six important steps: finding a VA-approved lender, pre-qualifying for a loan, selecting your home, drafting the purchase agreement, having the property appraised by the VA, and finalizing […]

Loan application

BlueVine and DoorDash Partner on PPP Loan Application Tool for Restaurant Owners

FinTech company BlueVine has partnered with DoorDash to provide a personalized PPP loan application for small businesses. The opportunity is designed for restaurants that partner with DoorDash for delivery services. And it’s meant to help those companies save time on the application process. Independent restaurants have been extremely hard hit by the pandemic. So, any […]