Q: My family is growing out of our current home and we’re desperate for more living space. My house can also use a major face-lift. I’m wondering: should I move to a new house, or make some major improvements to my current home?
A:
Personal loans, sometimes called unsecured loans, are loans that allow flexible use, offer short- to moderate-term repayment options and quick funding. Their versatility and convenience make them a popular choice for borrowers of every financial standing. Let’s take a deeper look at personal loans, how they work
If you’re in the market for a new set of wheels, get ready to experience sticker shock. Prices on new and used cars have soared since the beginning of 2020, and experts aren’t expecting them to fall anytime soon. Here’s what you need to know about the current auto loan market and how to navigate it successfully.
Q: With interest rates falling and home prices rising, it seems like a great time to tap into my home’s equity using a home equity loan. What’s the best way to use these funds?
A: A home equity loan, or a HEL, can be a fantastic way to
1. Get married. Use your loan to fund the larger wedding expenses, like your engagement ring, dress and venue. You may also consider using it to cover the smaller costs, like the flowers and photographer.
2. Fund a move. Taking out a personal loan to help you cover the costs can make a household move a lot less stressful.
3. Consolidate debt into
Q: What are the differences between a home equity line of credit (HELOC) and a typical home equity loan?
A: Here are the differences between a HELOC and a typical Home Equity Loan.
Q: I’m trying to increase my credit score ahead of applying for a large loan, so I’m considering signing up for Credit Karma to track my score. How accurate are the credit scores it shares? Is there anything I need to be aware of before signing up for this service?
A:
You might approach your student loan the same way you approach those term papers: If you don’t think about them, they can’t really stress you out. Unfortunately, just like those papers you’ll eventually have to write, your student loan debt isn’t going anywhere.
If you’ve borrowed the funds from a private lender, like [
Q: I’m in the market for a new set of wheels, and the choices are making me dizzy. How do I decide which features to look for in a new car and which to skip?
A: Shopping
Congrats—you’re ready to purchase your first real car!
The process can be daunting, but Diamond Valley Federal Credit Union will walk you through it. Follow our guidelines for a stress-free ride!
OK, you weren’t expecting this,
