Erik Martin

When you want to borrow money, an obvious source to consider is a bank. Banks are well funded and in the business of lending dollars to qualified applicants. But that begs the question: Can you get a loan without a bank account?

Many older homeowners run into situations where they need extra funds to pay for a major expense. Fortunately, there are a variety of financing options that can help, if they qualify. These include a reverse mortgage or home equity conversion mortgage (HECM), home equity line of credit (HELOC), or a personal loan. The former two capitalize on the fact that homeowners have earned equity in their home.

If you’re having trouble getting approved for a personal loan, consider a co-signer for a personal loan or a joint personal loan application.

If you’re starting, running or expanding a business, what kind of loan is right for you? Sometimes, the best business loan is not a business loan. This article explains the differences between business loans and personal loans, and helps you choose the best financing for your business needs.

You don’t have to wait out the remaining term of your mortgage to pay it off.

Instead, you can make accelerated payments on an occasional or regular basis, which could save you big money in interest charges overall. But your best option may not be to prepay your mortgage. Understand the pros and cons; then learn how to crunch the numbers.

Many institutions online and on the street offer personal loans. The best personal loan lender for you is the one that works in your comfort zone and caters to consumers with your needs and credit profile.

When you refinance or buy a home, prepare for an expensive process. In addition to coming up with the down payment, you also have to pay closing costs that can add up to thousands. It can be challenging to scrounge up money for the latter, especially if you’re on a tight budget or this is your first home purchase. One option to cover your closing costs is a personal loan.

When you’re a homeowner, burglars aren’t the only crooks you should be concerned about infiltrating your property. An even bigger theft is home title fraud. This occurs when a bad actor alters ownership of your property title or deed by putting their name on it. And it can cost you plenty — both in terms of dollars, the time it takes to resolve it, and damage to your credit.

If you have a low credit score, can you repair your credit with a personal loan? You may be able to use a personal loan to improve your credit score. This article explains how to use a personal loan to fix your credit score.

Personal loan denial is hard. It’s difficult not to take personal loan rejection, well, personally. But different lenders focus on different types of borrowers. You might be declined for a personal loan by one lender, and welcomed with open arms by another. You might have to make yourself a more attractive applicant, but there is probably a personal loan out there for you.