Being a homeowner can offer many benefits, including the ability to build home equity. But exactly what is home equity and why is it so important? We have everything you need to know about home equity from how to calculate it to how to use it. Most importantly, we’ll explain how it could also be […]
COVID-19 has hit the world and our economy hard. But there’s one industry that has remained virtually unharmed: the housing market. Believe it or not, home prices have actually increased year over year. This is positive news for homeowners looking to leverage their home equity. So is a HELOC a good idea right now? Here […]
Since the last investor update in April, the overall macro-economic environment has shown signs of improvement, while at the same time, a recent resurgence in COVID-19 cases and subsequent shutdowns by several states pose a risk to the ongoing recovery. At Prosper, we remain disciplined and cautious with respect to the current environment and we continue to take actions on both the current servicing book as well as new originations to help actively manage investor returns.
Access to fast cash grows more important daily as we continue to feel the impact from COVID-19. But what are your best options? And how can you get a loan fast? We’ll compare the two most common ways to access cash quickly — fast personal loans and cash advance loans — to see which is the […]
As the country begins to reopen, the full impact of a coronavirus recession remains to be seen. While some sectors, like the housing market, have rallied back to pre-lockdown levels, others have yet to see improvement. Unemployment remains at record-level highs, and more job losses could occur in the future. Because of this economic uncertainty, […]
As a homeowner, you may be wondering: What is a HELOC? Find out everything you need to know about Home Equity Lines of Credit and how they work.