Erin’s Latest Articles
Credit card delinquencies are on the rise, according to the Federal Reserve Bank of New York. In fact, 8.9% of credit card balances transitioned into delinquency in Q1 2024. If you're struggling to pay off credit card debt, you...
A personal loan can provide a lump sum from under $1,000 to over $100,000, depending on the lender and what you can qualify for. The average annual percentage rate (APR) for a two-year personal loan is 12.49%, according to the ...
If you’re struggling to cover an emergency expense, you’re not alone. Fifty-four percent of those surveyed by the Federal Reserve said they couldn't handle an emergency expense over $2,000 only using savings.A hardship loan &...
New and used RV prices range from thousands into millions of dollars. Towable RVs, like campers and travel trailers, represent the more affordable end of the spectrum, starting around $14,000, according to Bish’s RV, while luxu...
According to an ongoing review of consumer debt by Experian, total consumer debt rose to $17.1 trillion in 2023, up 4.4% from 2022's $16.38 trillion. Coincidentally, interest rates have also increased, especially for credit car...
Credit cards have notoriously high interest rates that can make them difficult to pay off. According to the Federal Reserve, the average interest rate on credit cards was 21.59% as of February 2024. But they can be much higher,...
Applying for a personal loan typically involves a hard credit inquiry that allows the lender to check your credit report and score, which it uses to gauge your eligibility. But true to their name, most no-credit-check lenders d...
The average consumer debt balance for those with FICO scores below 580 grew 20.5% to $43,584 by the third quarter of 2023. And more people are using personal loans to consolidate debt to get a lower annual percentage rate (APR)...
If you’re asking someone to marry you, deciding how to pop the question is just one part of the equation. Buying the ring is another. In 2023, the average cost for an engagement ring was around $5,500, according to The Knot. If...
Debt consolidation and bankruptcy are two options for dealing with overwhelming debt. Both provide a long-term solution to your debt, but they work very differently and have varying credit consequences.