Blogs

Is Personal Loan Interest Deductible?

In 2025, as the U.S. economy continues to recover from inflationary pressures and tax policies evolve under recent reforms, many Americans are turning to personal loans for financial flexibility. These

Is Interest on a Home Improvement Loan Tax Deductible?

​Interest paid on a home improvement loan can be tax-deductible under certain conditions, primarily depending on how the loan is structured and the nature of the improvements made.   What

Does a Debt Consolidation Loan Affect Getting a Mortgage?

Debt consolidation involves combining multiple debts into a single loan, often with the aim of securing a lower interest rate or more manageable monthly payments. While this strategy can simplify

What is an Unsecured Loan?

An unsecured loan is a financial agreement that does not require you to pledge collateral to get it. The most common unsecured loans include unsecured credit cards, student loans, and

Can Personal Loans Be Included in Bankruptcy?

When facing overwhelming debt, individuals may consider filing for bankruptcy as a solution to gain financial relief and a fresh start. Many consumers have taken out personal loans to consolidate

Does Debt Consolidation Affect Buying a Home?

Buying a home is a fulfilling dream for many American consumers, but it can be challenging to achieve when burdened with substantial debt. Debt consolidation is often viewed as a

How to Use Home Equity to Pay Off Debt

Home equity can be a valuable financial resource for homeowners looking to consolidate or eliminate debt. By leveraging the equity built in a property, individuals can access funds at relatively

How Long After Clearing Debt Can I Get a Mortgage?

Many Americans want to buy a home, which involves getting a mortgage for most of us. A potential obstacle to being a homeowner, however, is having too much debt. When

Can You Change Mortgage Companies?

Buying a home or refinancing a mortgage can be a lengthy and complex process. It’s not uncommon for borrowers to wonder, mid-process or even after closing, whether they can switch