Taking on new debt is not always a mistake. Sometimes it makes sense to borrow money with a promise to repay the debt if it’s part of a plan to pursue financial freedom. Borrowing money can be a ...

Before 2006, spouses with federal student loans had the option of combining them into a joint consolidation loan. Consolidating student loans helped some couples manage their payments more easily, but ...

If you and your ex-spouse jointly took out a car loan, you can refinance the loan in your name only if you’re keeping the car. When refinancing a car after divorce, you get a new loan to replace and ...

When the borrower of a personal loan dies, the borrower’s estate or a surviving spouse may have to repay the loan, but what happens to personal loans when the lender dies? The borrower will likely ...

Sulaiman Abdur-Rahman Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards ...

Moving to a new state brings plenty of change — and your banking needs are no exception. While some national banks offer easy transitions, others may lack convenient locations or services in your new ...

Managing finances on behalf of someone else can be a significant responsibility — especially when it involves government benefits like Social Security or disability payments. A representative payee ...

A letter of credit is a document that’s used between two businesses. It guarantees that the buyer of a product will deliver payment to the seller in return for goods and services received. Letters of ...

Early Warning Services (EWS) is a bank-owned fintech company and consumer reporting agency that collects information on U.S. bank accounts. As a consumer reporting agency, EWS provides financial ...

Managing your money effectively often starts with how you receive it. Split direct deposit allows you to automatically divide your paycheck between two or more bank accounts — such as checking, ...

Sulaiman Abdur-Rahman Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards ...

An unsecured personal loan allows you to borrow money for just about any purpose without requiring you to put up collateral. That means you won’t need to secure the loan with your home, your car, or ...