How a credit card loan’s fast and easy cash can cost you
Credit card companies want to turn your unused credit line into cash that you can borrow for things like home improvements or unexpected expenses. But accepting this loan offer may not be the best...
Rejected for a personal loan? Here’s how to recover
Getting rejected for a personal loan can feel like a punch to the gut. It's easy to get discouraged, especially if it delays plans to consolidate debt or renovate your home.
Insider Q&A: Goldman Sachs’ first ‘Marcus’ employee speaks
NEW YORK (AP) — Goldman Sachs' consumer banking division will celebrate its fifth year in operation next month. 'Marcus,' as the retail division is now known, is the investment bank's first foray...
That ‘live check’ promises cash, but there’s a catch
Have you received a preapproved offer in the mail this holiday season that looks like a check, made out to you and ready to cash? Before you rush to the bank, visions of presents dancing in your head, know that it's not free cash. Rather, it's more likely an expensive loan.
Is a personal loan for you?
Personal loans have surged in popularity, due in part to increasing consumer confidence and a growing array of online lenders to provide them.
Wall Street’s Goldman Sachs to offer home improvement loans
Wall Street's best known investment bank is looking to help you renovate your bathroom.
Goldman Sachs will start offering home improvement loans to borrowers this month, its latest push into the world of consumer lending — a business the bank has avoided for much of its nearly 150-year history. The bank has offered debt consolidation loans since late 2016, and for a couple years it's had an online savings account, both under the brand name Marcus.
Bill would offer New Mexico employees personal loans
SANTA FE, N.M. (AP) — New Mexico state employees would gain access to short-term personal loans that can be repaid through their paychecks, under newly proposed legislation.
Democratic state Sen. Bill Tallman of Albuquerque said Monday that the bill is designed to ensure state employees can borrow modest amounts of money without resorting to high-interest loans from storefront lenders.
Liz Weston: Borrowing your way out of debt
Many people who take out loans to pay off credit cards and other obligations wind up worse off, with more debt and more stress than before they applied. Some people, though, successfully use debt consolidation loans to turn a bad financial situation around.
Emilie Burke of Raeford, North Carolina, is among the latter. Burke, a recent college graduate, used a $6,000 personal loan from online lender Upstart to pay off some of the $13,600 credit card debt she incurred as a student.
Clinton has more cash; Trump forgives loans
WASHINGTON (AP) — Democratic presidential candidate Hillary Clinton and her party entered July with nearly $11 million more on hand than her Republican counterpart's operations, a strong showing of fundraising as both campaigns dive into the general election.
Republican nominee Donald Trump also wiped out his campaign debt, forgiving the more than $47 million in personal loans he's made to his own campaign since last year. Trump and the Republican Party, which officially...