Pawn shops provide quick cash for people in need by allowing them to sell or pledge personal possessions as collateral for a loan. However, does using a pawn shop ultimately help or hurt your credit score and financial situation in the long term? What is a Pawn Shop and How Do They Work? Before diving … Read more
When it comes to financing large purchases or consolidating high-interest debt, tapping into your home equity can seem like an attractive option. A home equity line of credit (HELOC) is a popular choice that allows you to borrow against the equity you’ve built up in your home over time. However, a HELOC isn’t the only … Read more
Introduction Purchasing a home is one of the biggest financial decisions a person can make. With the wide variety of mortgage options available, it’s important to fully understand your loan options to make the right choice. One option that is beneficial for many first-time homebuyers is an FHA endorsement loan. FHA endorsement loans are insured … Read more
A 401(k) is a fantastic retirement savings tool, allowing workers to set aside pre-tax dollars and watch their nest egg grow over the decades leading up to retirement. However, life doesn’t always go according to plan, and emergencies can arise that require access to cash, even retirement savings. This is where 401(k) hardship withdrawals come … Read more
Car troubles can strike at the worst times, leaving you with an expensive repair bill and no cash on hand. A vehicle title loan seems like it could provide a quick fix, but is it really the best solution? Before signing on the dotted line, it’s important to understand both the potential benefits and serious … Read more
Student loans can be complex to navigate. As one of the biggest student loan servicers in the U.S., Nelnet has been involved in servicing millions of student loan accounts. An Overview of Nelnet Nelnet is a publicly traded company headquartered in Lincoln, Nebraska. Founded in 1978, it began as a nonprofit firm helping students pay … Read more
The Covid-19 pandemic has had dramatic economic impacts across the UK. To help struggling small businesses during this difficult time, the government launched the Bounce Back Loan scheme in May 2020. This new type of loan called a bounce-back loan, aimed to make accessing funds quick and simple for eligible small businesses. What is a … Read more
Universal Credit is a new welfare system introduced by the UK government that aims to simplify the benefits system. As part of this reform, claimants can now request an advance payment or loan from the Department for Work and Pensions (DWP) to help cover living costs while waiting for their first payment. What is a … Read more
Introduction Furthering your education beyond undergraduate studies comes with both opportunities and financial responsibilities. Postgraduate degrees like a Master’s or professional degree can greatly expand your career prospects and earning potential. However, they also require making strategic choices about how to fund this investment in the future. Pursuing advanced education opens many doors, but it’s … Read more
We will consider using a Santander loan calculator to understand your financing options. Loans can be complex, so our goal is to break everything down and help you understand how to wield it. What is a Loan Calculator? This is an online tool that allows you to input details about a potential loan to estimate … Read more