Is a small financial crisis coming up every month a common occurrence for you? Don’t worry, you’re not alone. A major chunk of the American population has an unexpected expense occur every month. We are all humans and human errors occur when we’re budgeting for the new month. These errors, however, oftentimes can leave a...
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What are Good Options for Payday Loans in Anchorage, AK?
During financially difficult times, you might find yourself asking, “if I’m looking for a payday loan in Anchorage, Alaska, what are good options, and how can I tell if the options are good?” While it’s easy to go with the first lender you come across, the costs you’ll have to pay later on might be...
What is renewing or rolling over your loan? | Learning about payday loans
Renewing or Rolling Over Your Payday Loan When you take out a payday loan from a lender, you agree to pay back the initial amount borrowed (the principal) as well as the interest charges on your next payday. The terms are not always exactly the same, as some loans may be for 7 days and...
What is Collateral? | Learning About How Payday Loans Work
The media talks about mortgage rates constantly, and you’ve likely heard a lot about car loans, too. What do those two loans have in common? They are both referred to as “secured” loans because they are lent against–or “secured”–items (or assets) that the person borrowing the money is purchasing. These items are called “collateral.” By...
What are CDs?
Depending on what generation you belong to, you’ve likely heard your parents or even your grandparents talk about a CD, or a certificate of deposit. While the terminology may seem a bit antiquated, CDs can be a useful savings tool for all generations. What is a CD, or Certificate of Deposit? A CD is a...
A Simple Budget: 50/20/30 Rule
Budget. Just another aspect of adulting. If you were one of the lucky ones and had money conversations growing up, this word wouldn’t be as intimidating as it is to others. Not knowing what to do with the money that you have could turn out to be a catastrophe later down the road, say when...
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