Square now offers loans to buyers

Imagine you had to buy a personalized car part and wanted to spread the payment over several months. But you don’t have a credit card. If you shop at Fly1 Motorsports in Southern California, now you have another option: an installment loan from Square. Today, the well-known payment company announced …

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Debt-to-income ratio: how to calculate your DTI

The debt-to-income ratio (DTI) divides the total of all monthly debt payments by the gross monthly income, which gives you a percentage. Here’s what you need to know: Lenders use the DTI – along with credit history – to assess whether a borrower can repay a loan. Each lender sets …

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Upgrade gives users cash back for debt repayment

Share Tweet Share Share Share E-mail The pandemic has changed all kinds of things for consumers. They are more concerned with protecting their health, they work remotely, they have moved most of their business activities online and on mobile – the list goes on. But perhaps the most interesting change, …

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Quick Credit Repair Patches: Are They Legit?

It’s tempting to consider a quick fix for everything, including your credit. However, some things are too good to be true. Good credit can’t be rushed, but you can build a good credit history with strategy. Slow and Steady wins the credit race Time heals most things. It sounds cliché, …

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Walmart shoppers have a new way to pay

Courtesy of Walmart Text size Walmart (ticker: WMT) Buyers will soon have a new way to pay for their purchases. The world’s largest retailer partners with Affirm, a fintech created by one of Pay Palof founders, to give customers the option of using the startup’s simple interest installment loans to …

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Mortgage calculator with PMI and taxes

Under “House price”, enter the price (if you are buying) or the current value (if you are refinancing). NerdWallet also has a refinance calculator. Under “Down payment”, enter the amount of your down payment (if you are buying) or the amount of equity you have available (if you are refinancing). …

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Capital One Auto Finance: 2021 review

Full review To review Capital One, NerdWallet collected over 15 data points from the lender and compared it to others who are looking for the same customer or have a similar product. Capital One, known for a wide range of banking and credit card products, provides financing for new and …

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