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What is an institutional loan?
Do you need an institutional loan to help pay for school? Find out how to qualify.
Shopping around with multiple lenders is truly the key to getting the best rate for your loan. Each lender will offer different incentives, perks and rates. When I was applying for a loan to get a car, I checked with a minimum of three lenders — including a credit union — to ensure I was getting the best rate for the long term.
— Hannah Smith
Hannah Smith is a Bankrate editor specializing in personal loans. They are meticulous in their approach to ensuring users can navigate the complexities of loans with the most up-to-date and accurate information.
Prior to joining the Bankrate team, Hannah was an editor for House Method where they edited and published over 400 articles aimed at helping readers make informed decisions on home renovations and services.
Hannah currently lives in Raleigh. When they are not editing, they enjoy walking with their dog, playing tabletop games and reading.
Shopping around with multiple lenders is truly the key to getting the best rate for your loan. Each lender will offer different incentives, perks and rates. When I was applying for a loan to get a car, I checked with a minimum of three lenders — including a credit union — to ensure I was getting the best rate for the long term.
— Hannah Smith
Do you need an institutional loan to help pay for school? Find out how to qualify.
Knowing the difference will help you decide which types of loans work best for you.
Being a week late on your bankruptcy payment is probably no big deal — in most cases.
Average student loan debt continues to rise in the United States.
Filing bankruptcy has some debt exclusions. These charges can usually be eliminated.
The government, as well as your providers, might be able to help with your exorbitant medical bills.
Achieve and Municipal Credit Union offer similar loans but total cost differs.
As inflation soars and interest rates climb, many Americans are preparing for the possibility of a recession. Despite low unemployment rates, many are struggling under the pressure of the highest inflation [...]