Before talking to a lender, it is important to understand how loans work. Otherwise, you may find the conversation confusing. And it's no wonder. Loans are complicated. They use tons of jargon, have weird mathematical formulas and come with too many options.
While it may seem like a burden to learn about loans - after all you have much better things to do with your time - it is necessary. And we think you might be much more enthusiastic when you hear that you can save thousands of dollars by simply knowing the loan basics.
Our free Loan Basics Guide teaches you all of the loan lingo. You will learn how interest rates and term lengths affect your monthly payment and discover why your credit score is so important. While our guide won't turn you into a loan expert - it's not that long - it will make you a smart shopper. Loan Basics Guide Sections:
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know that finances aren't that fun, and many people find them
overwhelming. So, we only tell you what you need to know. We keep our
guides short and to the point. But most importantly, when we write our
guides, we always keep your goals in mind. Whether you want to go to
college, own a home or buy a car, our guides will help you through the
process of finding the right loan.