Payday Payday loans are unsecured personal loans that are typically repaid on your next payday. They can be a tempting option to quickly get the cash you need, but more often than not, their hidden fees and high rates can leave you trapped in debt. You’ll generally pay between 115 and 650 percent (or more) in interest, depending on your state of residence. Furthermore, …

From start to finish, the auto loan refinance process may take a few days, Owens says. Here are the basic steps: 1. Review your current loan. Check your loan documents to figure out the interest you pay each month and the total cost of the loan if you finish the entire term. You’ll use these figures later to determine whether refinancing …

If you co-sign a loan for a friend or family member, you could help that person buy a house or car, obtain much-needed cash or secure enough money to attend college. But if the co-sign arrangement doesn’t work out, you could severely damage your credit as well as your relationship with the borrower. Here is a guide to what co-signers …