LendingPalm | Compare Loans, Mortgages & Best Loan Deals

  Dealing with debt is tough, especially when debt collectors get involved. But hey, good news! There are rules to protect you, like the Fair Debt Collection Practices Act (FDCPA). Knowing your rights can make handling debt way less stressful. What Debt Collectors Can Do Debt collectors aren't all bad; they're trying to get creditors their money back. Here's what they're allowed to do: 1. Contact You:-They can call, text, email, or send letters about the debt. They have to tell you who they are, who they're collecting for, and how much you owe. Talk Payment:-They can chat with you about ways to pay, like setting up a plan or settling the debt for less.  2. Report to Credit Bureaus:-They can report your debt, which can hurt your credit score – a big motivator for paying up. 3.Sue You:- If you don't pay, they can take you to court. If they win, they might be able to take money from your paycheck, put a lien on your property, or freeze your bank account (depends on...

  Owning a home is not just a milestone it’s also a financial asset. One way homeowners tap into this asset is through home equity loans , which allow you to borrow against the value you've built in your property. But what if your credit score is low? Can you still qualify? The answer might surprise you. Let’s explore what a guaranteed home equity loan with bad credit really means, and how you can potentially secure one.  What Is a Home Equity Loan? A home equity loan often called a second mortgage lets you borrow a lump sum based on the equity you’ve accumulated in your home. Equity is the difference between your home’s market value and what you still owe on your mortgage. Home equity loans are repaid in fixed monthly installments, with interest, over a term that typically ranges from 5 to 30 years.  Can You Get a Guaranteed Home Equity Loan With Bad Credit? The word “ guaranteed ” is a bit misleading. No legitimate lender can guarantee approval before reviewing your ...

  Pursuing higher education often comes with a significant financial burden. Fortunately, the U.S. Department of Education offers several types of federal student loans to make college more accessible. One common option is the Federal Direct Unsubsidized Loan but what is a Federal Direct Unsubsidized Loan , and how does it work? This guide breaks down everything students and parents need to know about Direct Unsubsidized Loans, including eligibility, interest rates, repayment terms, and how they compare with other loan options.  What Is a Federal Direct Unsubsidized Loan? A Federal Direct Unsubsidized Loan is a type of federal student loan available to both undergraduate and graduate students , regardless of financial need. Unlike subsidized loans , interest accrues on unsubsidized loans from the time the loan is disbursed even while the student is in school, during grace periods, or deferment. Students are not required to make payments while enrolled at least half-time, bu...