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1 month ago | 
bankrate.com | Denny Ceizyk |Katie Lowery
Credit denials are on the rise as companies tighten lending standards and inflation remains stubbornly high. If your application is rejected, there are steps you can take to improve your credit profile and increase your approval odds for next time. A nonprofit credit counselor can help you determine next steps and set you on the path to financial health.
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2 months ago | 
bankrate.com | Denny Ceizyk |Katie Lowery |Thomas Brock
How is this page expert verified? At Bankrate, we take the accuracy of our content seriously. “Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Their reviews hold us accountable for publishing high-quality and trustworthy content.
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Oct 14, 2024 | 
cnn.com | Erin Gobler |Katie Lowery
Money Loans / Business Loans By Erin Gobler Andrew Pentis Katie Lowery, CNN Underscored Money Published 12:08 PM EDT, Thu August 1, 2024 Link Copied! Like consumer loans, small business loans aren’t one size fits all. Your preferred lender can depend on whether you’re a startup or experienced operator, or factors like your company’s size or sales figures. With that said, the best lenders for small business loans offer accessible eligibility criteria, flexible loan terms and competitive costs....
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Sep 18, 2024 | 
cnn.com | Sandy John |Katie Lowery
Money Mortgages / Refinance By Sandy John Andrew Pentis Katie Lowery, CNN Underscored Money Updated 2:47 PM EDT, Wed September 18, 2024 Link Copied! FG Trade Latin/iStockphoto If you have a 30-year home loan, refinancing to a 10-year mortgage allows you to pay off your loan decades earlier and score a lower interest rate. But these savings come at the expense of a considerably higher monthly payment, making it easy to outrun your budget. Here’s a look at today’s 10-year refinance rates:...
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Aug 13, 2024 | 
cnn.com | Jessica Walrack |Katie Lowery
Money Loans / Business Loans By Jessica Walrack Katie Lowery Andrew Pentis, CNN Underscored Money Updated 10:33 AM EDT, Tue August 13, 2024 Link Copied! Delmaine Donson/iStockphoto It takes money to make money: Small business owners spend an average of $40,000 in their first year of operation, according to a 2023 Shopify survey of entrepreneurs. Your costs depend on your industry, location and scope, but no matter your business, you’ll likely need capital to get operations off the ground....
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Jul 23, 2024 | 
cnn.com | Christy Bieber |Katie Lowery
Money Loans / Business Loans By Christy Bieber Katie Lowery Andrew Pentis, CNN Underscored Money Updated 9:34 AM EDT, Tue July 23, 2024 Link Copied! SouthWorks/iStockphoto Getting a business loan can be rigorous, even if you have a strong credit profile. But what about prospective borrowers who are new to credit or have low credit scores? There are no-credit-check options out there, but they’re more expensive and have shorter repayment terms than traditional financing options. A few reputable...
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Jul 3, 2024 | 
cnn.com | Angela Mae |Katie Lowery
Money Loans / Business Loans By Angela Mae Andrew Pentis Katie Lowery, CNN Underscored Money Published 8:03 PM EDT, Wed July 3, 2024 A business line of credit is a flexible form of financing that gives you quick access to the funds you need to cover everyday operating expenses. Unlike loans where you receive funds in a lump-sum payment, small business lines of credit come with a credit limit you can draw from over time. Like credit cards, you only pay interest on the amount you borrow — not...
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Jun 26, 2024 | 
cnn.com | Rebecca Safier |Katie Lowery
Money Loans / Personal Loans By Rebecca Safier Katie Lowery Andrew Pentis, CNN Underscored Money Updated 1:33 PM EDT, Wed June 26, 2024 Personal loans have grown in popularity since the 2008 financial crisis — about 31 million US consumers have one — because they offer quick access to cash at relatively affordable interest rates. Personal loans are also one of the most flexible forms of financing — you can use one to consolidate debt, pay for home renovations, finance a large purchase or...
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Jun 24, 2024 | 
cnn.com | Colin Hogan |Katie Lowery
Money Mortgages / Refinance By Colin Hogan Andrew Pentis Katie Lowery, CNN Underscored Money Updated 6:43 PM EDT, Mon June 24, 2024 mmg1design/iStockphoto Mortgage refinance rates are affected by a range of factors — some broad, like monetary policy and market conditions, and some that are specific to you, like your credit scores. The upshot is that refinance rates for homeowners are largely affected by the same factors as mortgage rates for homebuyers, and they generally trend in the same...
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Apr 30, 2024 | 
cnn.com | Anna Baluch |Katie Lowery
Money Loans / Personal Loans By Anna Baluch Andrew Pentis Katie Lowery, CNN Underscored Money Published 8:24 AM EDT, Tue April 30, 2024 Personal loans can be easy to use — perhaps to consolidate higher-interest debt, renovate your home or pay for medical bills — but they’re not always easy to obtain. Fortunately, there are many personal loans with lenient eligibility requirements, streamlined approval and faster funding than big-name banks and other financial institutions can provide. Lorem...
