Latest blog posts

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  Member StoriesA HELOC Enables a New Life Chapter

  The path forward seemed clear: remodel the home and live happily ever after. Life had other plans.

  

  Figure Technology Solutions, Inc. Editorial Team  article author

  October 24, 2019
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  DebtWhat is APR and How Does It Affect Your Wallet?

  Annual Percentage Rate (APR) tells you how much a loan costs. Lenders quote APR as a percentage of the total amount you borrow, and that number gives you a rough idea of how much you’ll pay per year to borrow. If your loan has an APR of 10%, you’ll pay roughly $10 annually for every $100 you borrow.

  

  Hannah Friedman, Sr. Content Manager  article author

  October 23, 2019
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  DebtMyths About Debt

  Life happens, and borrowing can help when money is tight. But if loan balances and monthly payments make you feel uneasy, there are several other solutions.

  

  Nicole Beaulieu, CTO  article author

  October 23, 2019
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  DebtHow to Consolidate Debt

  You can choose from several debt consolidation options and it’s critical to understand the pros and cons of each.

  

  Alysse Guitar, Director of Growth  article author

  October 23, 2019
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  Home EquityWhat are the pros and cons of a fixed-rate HELOC

  The traditional HELOC is a closed-end line of credit that usually has a variable interest rate. The new HELOC features a fixed-rate option that gives homeowners full and immediate access to their funds, and still allows them to make additional draws once the balance has been paid.

  

  Hannah Friedman, Sr. Content Manager  article author

  October 18, 2019
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  Home EquityHow to get a home equity line when you have bad credit

  A home equity line of credit (HELOC) can be very beneficial to borrowers who need some cash and have equity in their homes. You may not think that you can get a HELOC if you have bad credit, but you may very well still be approved. Before we get to that, let's first talk about the typical requirements to qualify for a HELOC.

  

  Hannah Friedman, Sr. Content Manager  article author

  October 17, 2019
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  Debt5 scenarios when you should not consolidate your debt

  Debt consolidation is a tool that helps borrowers gather all their debts into one payment. Having a single loan can be beneficial for those with a medium-sized amount of debt that's spread out over a lot of different accounts.

  

  Alysse Guitar, Director of Growth  article author

  October 15, 2019