The journey towards being free from your student loans can be frustrating. Luckily, there are steps you can take to lessen this burden. While debt payoff can sometimes feel isolating, student debt is an occurrence that’s affecting students worldwide. The Institute for College Access & Success notes the average student loan debt affects 66% of […]
Sometimes, life is precarious and expensive. Having the money to handle these situations can be tough especially considering 27% of adults need help handling an unexpected $400 expense. While it’s prudent to work on your emergency fund, rainy day money, and set aside cash for your traveling goals or to finance your fun, have you […]
Regardless of how prepared you might be, life has a way of catching us off guard. For some, this may look like an accident with a car, a flooded basement, or a change in health and wellness. No matter what that thing is, you want to make sure you have options to take care of […]
What is a default on a loan? A default on a loan is what happens when you fail to make payments for a certain period of time. When a loan becomes defaulted, it is sent to collections. The debt collections agency then has ownership of the debt and will contact you in order to collect […]
Are you looking to expand your options for debt repayment? Are you interested in or presently working in the public sector? Luckily, these two variables are crucial deciding factors for your eligibility for a student loan forgiveness program.There’s a wide array of forgiveness programs and one of them might save you thousands of dollars on […]
Some of life’s sweetest happenings come in pairings. On this list are matching socks, milk to cookies, and, perhaps, the cosigner to your loan. Obtaining a loan can be a process all its own but doing so with a cosigner can not only alleviate stress but make you a more viable borrower. Getting a loan […]
Applying for a personal loan can be a great way to help your finances. Nevertheless, and especially if you’ve never actually had a personal loan before, mistakes do happen—whether during the loan application process or the duration of a loan itself. Whenever the time is right for you to apply for a personal loan, avoid […]
There comes a time when everyone runs into the need to fix their home – whether it’s fixing a leaky roof or renovating their bathroom. While home repairs are typically worth the cost, fixing up your home can sometimes take a big investment. We know and understand that it’s not always possible to pay for […]
Would you believe us if we told you that calculating payments on a loan was as easy as 1-2-3? Illinois Lending offers a loan payment calculator that will do the math for you. But if you’d like to calculate it yourself, you can do it in these 3 steps. 1. Figure Out Your Loan […]