This guide will explain every part of the SBA’s new form 3508 and show you how to fill it out so that your PPP loan is forgiven. During the COVID-19 pandemic, the Paycheck Protection Program (PPP) helped small businesses with their finances in a big way. Many businesses turned to lenders like BlueAcorn to get … Read more
Financing a home doesn’t have a reputation for being a particularly fast, pleasant, or transparent process—but tides are changing. It has been one of the most time-consuming and frustrating parts of mortgage lending history to bring the loan cycle up to date. In this article, we cover what income and employment verifications for home loans … Read more
Did your beloved truck finally stall out for the last time? Do you want to upgrade from your ’05 Corolla to something that’ll let you jam out to more than just your old mix CDs?. If you want to buy a new car, you might think that getting a loan is the best way to … Read more
“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. Bankrate is always editorially independent. While we adhere to strict , this post may contain references to … Read more
While a higher income generally means a higher credit limit, income is just one factor lenders consider when setting credit limits. Other credit limit influences include creditworthiness, credit utilization ratio, credit card attributes and economic trends that affect credit risk. Credit card companies look at your income and a number of other factors, such as … Read more
You can use a credit card to buy things you need every day to build credit and get rewards for the things you already buy. But remember that you should only use a credit card for purchases you can afford to pay back and make on-time payments to avoid damaging your credit. If your credit … Read more
As long as you have good credit, Fig is a good choice for quick and easy personal loans. Personal loans from Fig are quick and easy. You can borrow up to $35,000, and you can get the money in as little as one business day after applying online. The company promises no additional fees, no … Read more
Almost a third of adults in the UK feel like they have to use credit cards, loans, or overdrafts to spend more than they can afford. New research shows that debt worries still affect those earning above the average salary. Real wages are rising and inflation may be levelling off, but many Brits are still … Read more
Creditors can get unpaid debts paid by taking a portion of a debtor’s pay directly from their employer. This is called wage garnishment. This is scary for married people who might worry that their wages will be taken to pay off one spouse’s debt. So can spouses wages be garnished?. The answer is different for … Read more
Your credit limit is an important part of your financial health because it affects everything from your credit score to your ability to buy big things. At Peoples Bank & Trust, we believe in empowering our customers with the knowledge they need to manage their finances effectively. Heres a comprehensive guide to understanding your credit … Read more