Matt Ryan Webber

What Is a CD-Secured Loan? A CD-secured loan is a loan that uses a certificate of deposit (CD) from a bank or credit union as collateral. A CD-secured loan can offer competitive interest rates, but there are downsides to consider […]

A credit union is a type of financial institution similar to a bank that provides a range of banking services. Unlike banks, however, credit unions are owned and operated by their members. Some credit unions are small and serve individual

Most personal loans are for $1,000 to $50,000, although some lenders will consider loans of up to $100,000 in some cases. Many personal loans are for a lot less. The average personal loan balance for new originations in the third

It’s possible to get a personal loan for $500 or even less, but it can be difficult. Most banks, credit unions, or online lenders don’t offer loans this small because the cost of administering the loan would be greater than

The Paycheck Protection Program (PPP) was a huge federal program that paid out $790.9 billion in small business loans during the COVID-19 pandemic. The PPP Act, which instigated the program, allowed for much of that money to be forgiven, so

A certificate of deposit (CD) should be closed only when it reaches its maturity date, but if you need the money earlier you’ll pay a penalty for withdrawing it. If you wait until the maturity date, you have several options

With most personal loans, it takes two to five days to get your money after your application is approved. So-called “instant loans” can reduce that time, often getting you your money the same day you apply. However, a number of

Hardship personal loans are designed for borrowers facing financial difficulties. Here is how they work, along with some other alternatives worth exploring. Key Takeaways Hardship personal loans are a type of personal loan intended to help borrowers overcome financial difficulties such

Angela Merkel. Ronny Hartmann / Getty Images Angela Merkel (born Angela Dorothea Kasner on July 17, 1954) was chancellor of Germany from 2005 to 2021. She was the first woman to hold the office and the second-longest-serving chancellor in German

A home equity loan provides homeowners with the ability to borrow against the equity they’ve built up in their homes. The amount that homeowners can borrow is equal to the difference between the home’s current market value and the outstanding