4 Solutions for How to Pay Off Student Loans Little by Little

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 […]

Are Instant Cash Loans the Future of Lending?

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 […]

Unemployment Loans: How to Get One When You Need It Most

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 Does It Mean to Default on a Loan?

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 […]

What You Need to Know About Student Loan Forgiveness

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 […]

When Do I Need a Cosigner for a Loan?

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 […]

5 Personal Loan Mistakes to Always Avoid

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 […]

4 Types of Home Repair Loans

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 […]

A Guide to Accurately Calculating Payments on Your Loan

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 […]