The word “debt” can make your stomach sink and your mind race. However, for all its negative connotations, not all debt is bad. In fact, there is good debt that can actually grow in value and generate long-term benefits. When you’re considering taking out a loan or buying on credit, the most important distinction to make …
In the 2019-20 academic year, an estimated 3.9 million students graduated from college in the United States. Are you preparing to begin your own collegiate this fall? If so, the costs can seem overwhelming. In-state public colleges cost an average of $10,116 per year to attend, while private institutions cost around $36,801 per year. Regardless of your financial standing, that’s far …
According to the Federal Reserve, nearly 60% of business owners apply for financing support to help them get their new venture off the ground. Are you considering joining their ranks? If so, you’ll have plenty of options to choose from. Today, there are more ways than ever before to gain access to the funds you need to …
Getting a college education is expensive. If you’re like most college students, you’ll need financial assistance at some point. Applying for a student loan can be confusing. Knowing what type of loan you need, where to apply, and how much to borrow is a challenge. Knowing how to get the most benefit out of your …
According to insights, 29% of business failures are due to a lack of sufficient capital. This is also the second most common reason businesses go under. If your business needs a capital injection, getting a business loan can be a good solution. Business loans hold a number of advantages over other methods of raising capital. However, business loans …
It’s happened. You are busy with a client and a debt collections agent is suddenly on the line. Embarrassing though this may be, you are not alone. According to reports, 28% of Americans have a line of credit that has gone to collections. If you are having to deal with receiving a collections notice in front of …
Research reveals that 79 million Americans have debt problems that are directly related to their medical bills. Does this include you? If so, there are steps you can take to climb out of this statistic. The first one is to create a medical bill payment plan. If you’ve never heard of such a plan, read on. Today, …
Medical debt is hitting ordinary Americans hard. Many people cannot afford their co-pays or coinsurance. Throw in a major surgical procedure and the average person is under financial duress. The fact is over 137 million Americans are struggling with medical debt. They are responding by delaying retirement or even filing for bankruptcy. Some take on credit card …
Statistics from a recent Federal Reserve survey state that 43% of small businesses applied for loans in 2019 alone. It is often said that you have got to have money to make money. Taking out a business loan can provide you with the cash injection you need to boost your business to new heights. However, if business credit starts …
Statistics show that student debt is the highest its ever been, reaching over $1.4 trillion, with the average graduate holding over $29,000 in debt. Other findings reveal that 40% of student loan holders may default on their debt by 2023, over 3 million seniors are still paying off their student loans, and student debt is a common denominator …
*Debthunch offers some of the smartest debt consolidation solutions available through our national network of licensed consumer finance partners that provide a diverse array of specialized financial products and services. Licensed consumer finance partners we match you with may not be able to extend credit if after your application they determine you do not meet the criteria required to be approved for a debt consolidation loan. Financing approval may be subject to a variety of factors including, but not limited to, age, credit history, credit score, acceptable income, debt-to-income ratio and collateral. Interest rates, Annual Percentage Rate (APR) and payment terms may be determined based on the above factors. Debt consolidation loans may not be offered in all states. Debt consolidation loan interest rates may range from 5.25%-29.99% APR and loan terms may range from 12-84 months. Debthunch may match prospective borrowers with financial products and services offered by its network of licensed consumer finance partners. Debthunch does not charge fees to borrowers for its service and does not broker, make or service loans. Minimum loan amount from $15,000. Debt consolidation loans, interest rates and terms may vary by state. Read and understand all agreements and documentation prior to contracting with Debthunch partners for said products and services.
