When I graduated from Drexel University in 2009 with a degree in engineering, I was 23 and had $200 in my bank account.

I was subletting a small studio apartment in Philadelphia with two other engineers. Out of the three of us, I came out by far the least scathed — I had about $55,000 in student loans. This was after receiving grants, scholarships, and help from my parents every year.

The loan burden: My roommates each had over $100,000 to repay. One of them currently waits tables on weekends on top of having a full-time engineering job. He’s been doing it since we graduated in an admirable effort to pay down his student loan debt.Continue reading→

If you’re self-employed and short on cash, you may be eligible for borrowing options including personal loans. Personal loans provide a set amount of money that you repay over a fixed time frame, and they can be helpful for borrowers looking to consolidate debt or cover a large or emergency expense.

Before you look for a loan, you should know what to expect as a self-employed applicant. It’s also important to consider all of your options to make sure a personal loan is the right choice – it may not be.

“You shouldn’t be looking for a personal loan if you’re self-employed and it’s for the business,” says Lori Atwood, a certified financial planner and the founder of Atwood Financial Planning and Fearless Finance. “If it’s for you, just make sure that you have all the right proof of your cash flows.”

Is It Harder to Get a Personal Loan if You’re Self-Employed?

Every loan applicant is different regardless of employment status, and getting a loan won’t necessarily be more difficult for self-employed applicants.Continue reading→

Detroit, Michigan is the greatest region of the latest county as well given that tenth-biggest in the joined kingdomplete inhabitants try 677,155. 47.3per penny is the men share associated with the society. 52.7per cent will be the females express with the individuals. $26,254 end up being average earnings for those twenty five as well as.Continue reading→