What Is a Point-of-Sale Loan?
A point-of-sale loan lets you break down a purchase into a series of smaller payments, so you can buy now and pay later. In recent years, point-of-sale financing has rapidly…
Jackie Veling
Jackie covers personal loans for NerdWallet. Prior to that, she ran a freelance writing and editing business focused on consumer content. She graduated from Indiana University with a degree in journalism. Email: [email protected]
Posts by Jackie Veling:
What Is a Personal Loan?
A personal loan is money borrowed from a bank, credit union or online lender that you pay back in fixed monthly payments, or installments, typically over two to seven years.…
The Best Ways to Borrow Money
It’s usually better to pay for unexpected expenses with your emergency fund than to borrow money. But sometimes life throws a curveball, and you need to look to outside resources.…
How to Apply for a Personal Loan in 3 Steps
Applying for a loan may require more time and effort than applying for a credit card, but with our three-step guide, you can get all your questions answered and choose…
What Is a Personal Loan Origination Fee?
An origination fee is an upfront fee a personal loan company may charge to cover the cost of processing your loan. It might be called an underwriting, administrative or processing…
Co-Signing a Loan: Risks and Benefits
You may be asked to co-sign a loan by your spouse, child or friend, especially if your credit score outshines theirs. But what sounds honorable — you helping someone get…
SBA Loans for Business: How to Qualify
SBA 7(a) loans are loans that are partially guaranteed by the U.S. Small Business Administration and issued by participating lenders, usually banks. Because these loans are backed by a federal…
How to Get a Small-Business Loan in 5 Steps
Small-business loans can help you start or maintain your business. And though tightened lending standards may make getting a loan more difficult, learning how to navigate the process ahead of…
Christmas Loans: Should You Get One This Holiday Season?
With the holidays approaching, you might be worried about how you’re going to pay for it all, even if you’re planning a socially distanced, scaled-back celebration this year. You might…
Should I Get a Personal Loan?
A personal loan is an option if you’re looking to consolidate high-interest debt or finance a large expense like a home improvement project. Interest rates on personal loans are typically…
