Each loan type serves a specific purpose and has unique terms and interest rates based on the borrower's financial situation. Here are four of the most popular loan types.
by Pam HillApril is National Financial Literacy month, so if you're dedicated to really becoming financially literate, here is what you need to know.
by Shaun MorganBuying a home is a major milestone in many people's lives and often stands out as one of the most important financial investments a person makes to build long-term wealth. Read on to learn the five most important steps to take before buying a home.
by Pam HillWhen it comes to saving money, doing research on what type of bank account to choose can be overwhelming. Here is the difference between a savings account and an interest checking account.
by Sha'Kreshia TerrellCredit unions and traditional banks offer different products and services. Though the two types of institutions have similarities, it's important to understand their differences. This is a brief overview of the main features of credit unions as opposed to traditional banks.
by Sha'Kreshia TerrellHome equity loans can be a great way to access the funds you need, but they also come with certain risks. In this article, you'll learn how to apply for a home equity loan and understand the advantages and risks of a home equity loan.
by Pam HillThe annual percentage rate (APR) and annual percentage yield (APY) are two different ways to look at the same interest rate. When looking at interest rates from a lending institution or comparing one, you want to compare apples to apples. Although each rating type has its benefits, we will show you the difference in this article.
by Sha'Kreshia TerrellThere are so many money phrases like, “money doesn't grow on trees.” If you are unfamiliar with money phrases, here are some common ones to learn about.
by Sha'Kreshia TerrellParents can lay the foundation for their children’s financial success by teaching children about saving and investing. Also investing in your child's future will benefit their financial future. Here are a few investment account options for children.
by Pam HillAssets and liabilities help you understand your net worth. Here's the difference between the two and why they are important for your financial future.
by Nailah HerbertAs we begin Black History Month, it's important to reflect on the history of African Americans in the financial industry. Learn more about the numerous financial milestones that African Americans have achieved!
by Sha'Kreshia Terrell