For many families, homeownership is an investment for the future. Buying a home is the largest and longest financial commitment most of us will ever make in our lives, so it can be a bit intimidating. Refinancing is not only a tool to modify the terms of your commitment if circumstances change in your life […]
Prosper Performance Update – August 2021
Today we are sharing performance data from the Prosper Portfolio for August 2021. Highlights from the report include: Performance Update In August, approximately 67% of loan originations were rated AA-B. Average loan size remains relatively stable month-over-month. The median monthly payment on Prosper loan to Income (PTI) ratio for August remained relatively flat month-over-month at […]
Your Ultimate Guide to Debt Consolidation
Today, we are excited to announce the release of our new eBook, Your Ultimate Guide to Debt Consolidation, which is now available to download by clicking this link: This book was created to help you decide if debt consolidation is right for you. So this 10-page, free guide covers everything you need to know, including: […]
Construction Loan vs. HELOC: What’s Best for a Home Improvement Project?
Home renovation can be a challenging process, but financing your renovation doesn’t have to be. There are many ways to fund your home improvements, and we’re going to compare two of the most common so you can make an informed decision. Here, we’re discussing everything you need to know about construction loans vs. HELOCs. How […]
HELOCs & Bankruptcy: Can a HELOC Be Discharged After Chapter 7?
No one wants to think about bankruptcy, but it can be an important tool for consumers facing financial hardship. The two most common types of bankruptcies for consumers are Chapter 7 and Chapter 13. In a Chapter 7 bankruptcy, a consumer’s non-exempt assets are liquidated and the proceeds used to clear most of the consumer’s […]
Prosper Performance Update – July 2021
Today we are sharing performance data from the Prosper Portfolio for July 2021. Highlights from the report include: Performance Update In July, approximately 67% of loan originations were rated AA-B. Average loan size remains relatively stable month over month. The median monthly payment on Prosper loan to Income (PTI) ratio for July increased by 12 […]
