Debt-to-Income Ratio: How to Calculate Your DTI

Debt-to-income ratio (DTI) divides the total of all monthly debt payments by gross monthly income, giving you a percentage. Here’s what you should know: Lenders use DTI — along with credit history — to evaluate... Read more

AAA Auto Insurance Review 2022: Pros and Cons

AAA auto insurance comes from separate, regional insurance companies that operate under similar names and logos. AAA club membership works the same way, and you would likely need to become a member of your regional... Read more

Pros and Cons of Consolidating Student Loans

Combining multiple student loans into a single loan with one monthly bill can help simplify repayment. But consolidation isn’t the best choice for everyone, especially because it can’t be undone. Here are the pros and... Read more

What Is an Annual Percentage Rate on a Personal Loan?

The term “annual percentage rate” is commonly used in reference to financial products such as mortgages, credit cards and personal loans. Specifically for personal loans, APR is the sum of the interest rate plus origination... Read more

How to Consolidate Your Student Loans

Find the latest There are two types of student loan consolidation: federal and private. Private consolidation is often referred to as refinancing. These processes are often confused, but they’re very different. Here’s how: Federal student loan... Read more