What Is Predatory Lending?
Predatory lending occurs when a lender uses unfair or deceptive tactics to lead a borrower into taking a loan that carries fees, rates or other terms that benefit the lender…
Amrita Jayakumar
Amrita writes about consumer credit and debt issues for NerdWallet. She has reported on government contractors, information technology, retail, housing and small businesses as a reporter and digital producer at The Washington Post. Her work has also appeared in The Miami Herald. Originally from Mumbai, India, Amrita enjoys using credit card rewards points to travel. She is based in San Francisco.
Posts by Amrita Jayakumar:
Need Cash Fast? Ask 4 Questions Before Rushing to a Lender
When you need money in a crisis — to pay for car repairs, an overdue bill, or a trip to the emergency room — you may not take time to…
6 Ways to Build Your Credit in Less Than an Hour
It’s true — there’s no shortcut to achieving a good credit score. It takes years of paying your bills on time and in full, keeping balances low and managing different…
These Young Adults Are Totally Debt-Free — True Story
Entering adulthood saddled with student loans and possibly other debt is the norm for most American millennials today. But debt is not like an allergy — you don’t have to…
SoFi Personal Loans: 2018 Review
NerdWallet rating: 5.0 / 5.0 Good for: Good credit, debt consolidation SoFi personal loans match up favorably to competitors on rates, fees and perks. You can use its loans for most…
Payoff Debt Consolidation Loans: 2018 Review
NerdWallet rating: 4.0 / 5.0 Good for: Good credit, debt consolidation Payoff provides fixed-rate debt consolidation loans to borrowers solely for the purpose of paying off credit card debt. According…
Where to Find a Small Personal Loan
A small personal loan can be a quick, convenient option to pay an immediate expense, like a medical bill or car repair, if you don’t have emergency savings or other…
Fly Now, Pay Later: Are Travel Loans a Good Deal?
Dreaming of a spring getaway with white-sand beaches and a cool drink in your hand? A search for airline tickets can bring your dream down to earth, if the steep…
Upstart Personal Loans: 2018 Review
Good for: Average credit, new to credit Upstart makes personal loans to both average-credit borrowers as well as young borrowers who are new to credit but have promising college degrees…
Home Improvement Loans: Compare Your Options
Whether you’re remodeling your kitchen or replacing your roof, you have many options to pay for home improvements, including a home equity loan and credit cards. But if you don’t…
