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What others are reading

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What Is a No-Interest Loan?

No-interest loans allow you to borrow money and only repay the principal, but they aren't ...

Jennifer Brozic profile imageBy Jennifer Brozic
Sep 27, 2024

What Is a Secured Loan?

Evelyn Waugh profile imageBy Evelyn Waugh
May 4, 2023

Why Did My Credit Score Drop When I Paid Off a Loan?

Louis DeNicola profile imageBy Louis DeNicola
May 11, 2019

What Happens if You Lie on a Loan Application?

Geoff Williams profile imageBy Geoff Williams
Dec 8, 2023

How Do Down Payments Work?

Jim Akin profile imageBy Jim Akin
Jun 18, 2025

How Does Rate Shopping Affect Your Credit Scores?

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Apr 18, 2023

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The latest from our experts

What Does Subprime Mean?

Subprime borrowers have poor credit and may struggle to get a good loan or credit card. Fi...

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Oct 22, 2025

What Is Negative Equity?

If you have a car loan or mortgage, here’s what to know about how negative equity works, h...

Ben Luthi profile imageBy Ben Luthi
May 22, 2025

Should I Use a Personal Loan to Pay for My Education?

Personal loans are incredibly versatile, but it’s usually not worth it to use one for coll...

Ben Luthi profile imageBy Ben Luthi
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Do Personal Loans Hurt Your Credit?

Applying for a personal loan can temporarily impact your credit as a result of a hard inqu...

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Oct 17, 2024

What Is a Signature Loan?

If you’re looking for a loan that doesn’t require collateral, a signature loan may be a go...

LaToya Irby profile imageBy LaToya Irby
Sep 19, 2024

What Is a Loan Application Fee?

Some loan types are more likely to have application fees than others. Depending on the loa...

Jennifer Brozic profile imageBy Jennifer Brozic
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How to Compare Personal Loans

Compare loan offers from multiple lenders, focusing on interest rates and other metrics. P...

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Aug 28, 2024

What Is a Cosigner?

A cosigner pledges to take responsibility for another person's debt, such as a loan, if th...

Tim Maxwell profile imageBy Tim Maxwell
May 10, 2024

What Is Risk-Based Pricing?

When you apply for a loan, lenders will typically use risk-based pricing to determine whic...

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Jan 25, 2024

What Is Refinancing?

Refinancing a loan can help you achieve a number of goals, like saving money on interest o...

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What Happens if You Don’t Pay Back a Payday Loan?

If you're thinking about defaulting on your payday loan, learn what could happen and what ...

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