Can you pay off a car loan early to avoid interest?

Yes, you can pay off a car loan early to avoid interest. When you make your monthly car loan payments, part of your payment goes toward the principal, or the…

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How Old of a Boat Can You Finance?

Buying a boat can be exciting. For many, buying a used boat is more affordable than buying a used one. Yet financing a used boat brings with it challenges beyond…

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Are Mortgage Rates Lower On Mondays?

“Lock your mortgage rate on a Monday! You'll get a lower interest rate!” You may have heard this suspect advice at an office party or family gathering, possibly uttered by…

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How do Loan Officers Get Paid?

Whether you're taking a loan yourself or maybe considering this as a profession, the question of a loan officer's income may be on your mind. After all, if you're taking…

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Is it better to pay principal or interest on a car loan?

If you're reviewing several options for an auto loan, you may notice they differ by their interest/principal payment options. Which in many cases, leaves one wondering:  Is it better to…

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Does Everyone Get Approved For Student Loans?

Planning on starting school soon but worried about your student loan? If you've only recently applied, you may be wondering what your odds are. Does everyone get approved for student…

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Are Student Loans Backed By The Government?

Wondering whether or not the government can help you with your student loans? Are they backed by the government, or perhaps even funded by the government? And how to tell…

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Are Boat Loans Hard To Get?

If you've always wanted to get a boat, whether you're into sailing or even contemplating traveling this way or living in a houseboat, you might be thinking about a boat…

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