
How Goldman Sachs leaving personal loans affects your open loan
Marcus by Goldman Sachs has left the personal loan lending space. Here’s how it affects you.
Hanneh Bareham, a Certified Financial Education Instructor℠, is a former Bankrate personal finance writer. She started as a credit cards reporter before transitioning into the role of student loans reporter. She is now a writer on the loans team, further widening her scope across multiple forms of consumer lending.
She has been featured in multiple national and regional media outlets, including Yahoo, CNBC, Business Insider, The Chicago Tribune, The Seattle Times and more. Her desire to empower borrowers comes from her own experiences as a college graduate managing her finances during a tumultuous economic climate. She aims to help others reach their goals through a better understanding of macroeconomic trends.
When she's not checking her repayment strategies with a loan calculator, Hanneh enjoys acting, baking and trying to find the best cup of coffee on the East Coast.
When it comes to taking out any sort of installment loan or repayment plan, it's so important to know exactly what you're signing up for. Before applying, read the terms and conditions or find the basic loan details — like interest rate ranges and repayment terms — on the lender's website to make sure you're doing what's best for your finances.
You have a world of options at your fingertips when it comes to paying down your loans. Knowing what they are is the key to becoming debt-free.
— Hanneh Bareham
Marcus by Goldman Sachs has left the personal loan lending space. Here’s how it affects you.
The application for the 2023-24 academic year closes on June 30, 2023.
Wells Fargo may be a great option if you’re looking for a personal loan with an established company.
JG Wentworth offers debt relief services alongside its much-advertised structured settlement assistance.
With over 1,000 branches on the east coast, M&T Bank offers full-service banking for borrowers who prefer visiting in person.
Bankrate walks through all of the essential steps in the student loan refinancing process, letting you compare rates, start research, or get offers.
Enrollment is trending down overall, but there are some exceptions.
Sallie Mae's educational resources set it apart as a student loan lender.