Latest blog posts about Debt

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  Debt What are the types of bad loans?

  So what are bad debts? Any debt that you cannot repay is considered bad debt. Bad debts are also ones that do not contribute to your net worth or depreciate in value over time.

  

  Barron Ernst, Head of Product  article author

  January 11, 2023
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  Home Equity Why a HELOC Makes Financial Sense

  A HELOC is a form of revolving credit that is secured against your home. It works very much like a credit card that allows you to repeatedly borrow money for any purpose at a relatively low-interest rate

  

  Debra Jack, Contributor  article author

  January 3, 2023
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  Debt How to Manage Debt in an Economic Downturn

  The money you pay in interest can’t be reclaimed. Thankfully, you don’t need to pay it in the first place if you play your cards right.

  

  Alysse Guitar, Director of Growth  article author

  May 1, 2022
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  Home Equity The five things you need to know about your debt right now

  This can seem like a lot to keep track of, but it will help you understand your credit utilization, which plays a strong role in credit scores.

  

  Nicole Beaulieu, CTO  article author

  April 27, 2022
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  Tools And Guides How do rising interest rates affect my loans?

  Interest rate increases often mean you end up paying more for variable-rate loans. This can add up to you paying a lot more over the lifetime of your loan. Learn more about how interest rates affect your loans.

  

  Alysse Guitar, Director of Growth  article author

  February 1, 2022
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  Home Equity 10 things you need to know about home equity and debt consolidation

  Millions of Americans are in debt. Homeowners have an option that can potentially save them thousands in interest - their home equity.

  

  Barron Ernst, Head of Product  article author

  January 29, 2022
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  Debt 3 Reasons to Sell Your Home and 3 Reasons to Stay Put in 2021

  With low mortgage rates and the capacity for remote work, many families are considering moving. Here are some reasons why you might want to sell now, or why you might want to stay put.

  

  Barron Ernst, Head of Product  article author

  March 17, 2021