Many new businesses don’t meet the eligibility criteria set by traditional financial institutions, including minimum time in business, annual revenue and credit score requirements. That makes it more difficult for startups to qualify for lending products like small-business loans. A business line of credit can be a convenient alternative for …
Read More »What the Federal Reserve’s Next Meeting Could Mean for Personal Loans
Image source: Getty Images Hint: Borrowers may not like the answer. Key points The Federal Reserve is meeting this week and could raise interest rates to keep battling inflation. If the Fed’s benchmark interest rate rises, it could drive up the cost of personal loans. Anyone who definitely needs a …
Read More »5 Best Working Capital Loans of 2023
5 Best Working Capital Loans of 2023 Ads by Money. We may be compensated if you click this ad.Ad Best for Quick Application Best Overall Best for Bad Credit Best for Flexible Payments Best for Small Business Bluevine Kabbage Fundbox PayPal QuickBooks Capital Our Partner Get Started Get Started Get …
Read More »What Exactly Is A Home Improvement Loan?
Thomas Barwick/Getty Images Home improvement projects are frequently an expensive cost that can be difficult to manage with savings alone. Fortunately, there are multiple ways to take out a home improvement loan. And because of their flexibility, you will be able to fund every step of a renovation — often …
Read More »Vista Bancshares to Acquire Charis Holdings
Two Texas banks are coming together to bring new capabilities and services to their clients. Vista Bancshares, the holding company for Vista Bank, said in a Monday (Jan. 30) press release that it plans to acquire Charis Holdings and its subsidiary, Charis Bank. Vista Bank serves north, central and west …
Read More »How to apply for a home improvement loan
Antonio Garcia Recena/Getty Images Getting a home improvement loan is not too complex, but it can be intensive — especially if you aren’t sure what type of product you need. Fortunately, your budget and credit score will be the main factors in determining the steps you need to take to …
Read More »How Do You Get A Home Improvement Loan?
Antonio Garcia Recena/Getty Images Getting a home improvement loan is not too complex, but it can be intensive — especially if you aren’t sure what type of product you need. Fortunately, your budget and credit score will be the main factors in determining the steps you need to take to …
Read More »Central Bank of Nigeria Delays Demonetization
Nigeria’s central bank has pushed back the deadline for taking old banknotes out of circulation. In a statement issued on Sunday (Jan. 29), Central Bank of Nigeria (CBN) Governor Godwin Emefiele said the deadline for exchanging old naira banknotes for newer redesigned bills has been extended by 10 days, giving …
Read More »California mom reveals how she paid off $72,000 in credit card and college loan debt
A 36-year-old mom has revealed how she paid off $72,000 in debt by following just three simple tips. Amanda Courtney, from San Diego, California, paid off all of her student loans and credit card charges after she fell into a mountain of debt due to a lack of knowledge and …
Read More »Banks brace for more consumers to fall behind on their loans
Mahoney Asset Management CEO Ken Mahoney and Comerica Wealth Management CIO John Lynch assess Bank of America, JPMorgan Chase and Wells Fargo’s stocks performances on earnings and revenue on ‘Mornings with Maria.’ U.S. banks dusted off their recession-ready playbooks at the end of 2022. Regional lenders and banks with big …
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