Tag: Personal Loans

What You Need to Know About Applying for a Personal Loan

A personal loan can be a useful tool for paying off credit card debt once and for all. Rather than juggling multiple credit cards with variable interest rates, you can just make one fixed monthly payment. Here is what

4 Ways to Pay Off Your Debt

One of our DC-based Financial Trainers, Mike, explains why you may not want to consider debt settlement right away, even though it may seem like a tempting offer to alleviate some of the stress of paying back your debt.

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3 Effective Debt Consolidation Strategies to Know

Trying to find ways to get a handle on your debt? You might consider debt consolidation, a process that can simplify your debt and possibly lower the amount you pay in interest on your loans. If

How to Pay Down Debt on a Low Income

The Financial Gym Advisors Client Mackenzie Stewart shares with us how she approaches paying off her debt on a less-than-ideal income. Mackenzie breaks down both concrete steps as well as how to shift your mindset in order to conquer

5 Good Reasons to Consider Taking Out a Personal Loan

When it comes to the financial products that empower you to take care of the things that matter most in life, there’s no shortage of available options. Each product has its own strengths and purpose, and your financial situation

Pros and Cons to Borrowing Against Your 401(k)

You can think of your financial journey to retirement as a road trip. If you start in New York and plan to retire in California, you have two choices: make the trip as direct as possible or allow

Pros and Cons of Consolidating Debt

Tackling your debt is one of the most important steps to getting your financial life under control and reaching big money goals. While it can seem complicated or even disheartening at times, paying off your debt