What is a share secured loan and how does it work?
A share secured loan is a personal loan that is secured using the balance in your savings as collateral. This type of loan generally has lower interest rates than other personal loans because it is secured. Share secured loans are a good option for those with poor or...
Coping with Debt
Coping with debt? Have trouble paying your bills? Getting dunning notices from creditors? Are your accounts being turned over to debt collectors? Are you worried about losing your home or your car? You’re not alone. Many people face a financial crisis at some point...
Pros And Cons Of Using A Certificate Of Deposit (CD) For Your Savings
When saving money toward different financial goals, it’s important to consider where to keep it. For example, high-yield savings accounts and money market accounts can offer above-average interest rates while keeping funds relatively liquid. Those may be appropriate...
What is a credit union?
What is a credit union? It is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members. Member-owned and controlled by a board of directors elected by the membership. The board serves on a volunteer basis and may...
