Remodeling a room in your home – whether it’s a kitchen, bathroom or bedroom – is a big task that requires a lot of coordination and planning. The first and often the most daunting task is figuring out how you will finance your project. The good news is that there are a number of options to consider.
Most people might think to handle big expenses by just “charging them,” but another way to get the cash you need is to take out a personal loan. We’ve compiled some key terms and concepts to know to help you understand how personal loans work.
Excellent credit is something to strive for, but for most of us, we’re just not there yet. In fact, according to ValuePenguin, the average credit score is less than 700, which is considered only an average/fair score in the eyes of many lenders. Your credit score (also known as a FICO or a Vantage score) plays a critical role in whether or not you’re approved for credit and take into consideration your payment history, length of credit history, credit utilization, new credit accounts and credit mix.
With the holidays behind us, many consumers are dealing with a mean post-holiday hangover. According to a new report from Finder.com, American consumers are estimated to have spent over $181M on presents during the holidays. And if you’re one of the many consumers that needs a little help dealing with holiday credit card debt, here are some tips to help you recover faster and prioritize your credit health, which is a new year’s resolution anyone can feel good about.
Before 2016 comes to a close we want to take the time to celebrate our community’s commitment to advancing their financial well-being this year. Whether that’s people creating and developing a budget, consolidating their debt, or forming healthier spending habits, we’re thrilled to see our community thriving and achieving their personal finance goals. To celebrate, we launched […]
Today we’re excited to announce the #MyProsperStory 2016 Photo Contest! For the third year in a row, we’re celebrating our community and their commitment to advancing financial wellbeing. Today through November 15th, people who have recently taken a loan through Prosper can submit a photo and written description of what it looks like “to be on […]