Industry News, Resources, and Useful Tips

The Best Way to Pay Off Credit Card Debt Quickly How to Pay Off Credit Card Debt Fast Statistics show that nearly half of all Americans have credit card debt from month to month, and the average credit card debt amount in an American household is almost $8,000. So, while you certainly aren’t alone in…

How Long Does Something Stay on Your Credit Report?  People of all backgrounds and income brackets worry about their credit reports. It’s a universal concern in modern American life and something that can either make or break your financial dreams. Different types of financial information can stay on your credit report for two to 10…

To achieve your financial goals, consider making a monthly expenses list and creating a monthly budget. We provide tips to keep up with monthly bills.

Here’s What You Should Know About Getting a Small Personal Loan Various loan options are available when you need to borrow money. However, a small personal loan may be your best option if you need just a small amount of flexible funding to pay for incidentals or an emergency. Small personal loans can be used…

Saving for Vacation? Here Are 10 Tips to Make It Happen. How to Save for a Vacation Everyone has a different travel style, but the desire to get away on a trip is something we all feel from time to time. Vacations can be relaxing, exciting, adventurous, or filled with family and friends. But they…

Do student loans affect credit score? Student loans are ubiquitous when it comes to finding ways to finance higher education. There are usually many sources of helpful information for navigating the process of obtaining student loans, but that’s where the help usually ends. Taking out a loan of any kind can impact your finances in…

The “Intended” Consequences of Passing the 36% APR Lending Law A new study, currently posted for public comment, has found that rate caps prevent Americans from accessing high-quality credit products they need and want. Why It Matters The study, entitled Effects of Illinois’ 36% Interest Rate Cap on Small-Dollar Credit Availability and Financial Well-being, found that after the imposition of…

Personal Loan Documents Checklist There are lots of steps involved in loan applications, but one of the most important is getting all of your documents ready for the lender’s approval. These loan documents prove who you are, back up your financial information, and give lenders the information they need to make an informed decision. Every…

A Special Announcement Tower Loan Purchases Non-Real Estate Loan Accounts of American Thrift Tower Loan is pleased to announce the purchase of all of the non-real estate secured loan accounts of American Thrift, based in New Orleans, Louisiana. The loans will now be serviced by Tower Loan within our network of branch offices.  Tower Loan’s…

How to Borrow Money: An Easy-to-Follow Guide Almost everyone needs to borrow money at some point in their adult life. You may be in a tight spot and need some quick cash, or you may require a more significant amount for undertakings like buying a home. Luckily, there are numerous ways to borrow money. However,…