Author: Sulaiman Abdur-Rahman
Can’t afford moving expenses? There’s a loan for that!
Written by: Sulaiman Abdur-Rahman
Moving across town, out of state, or internationally can be costly, but consumers have a variety of options to finance such a move. You may consider …
Don’t fall for these 7 auto loan scams
Written by: Sulaiman Abdur-Rahman
Auto loan scams can deprive consumers of their hard-earned money. Some of the most common auto loan scams include car title loan scams, change in …
Why you need to know more about the Fair Credit Reporting Act than you do
Written by: Sulaiman Abdur-Rahman
The Fair Credit Reporting Act is a federal law that restricts who can access your credit report. It gives you the right to obtain your credit …
There are a lot of different personal loans. Here’s how to choose the right one?
Written by: Sulaiman Abdur-Rahman
Personal loans are consumer lending products that provide you with a lump sum of cash to be repaid under terms and conditions of a loan agreement. …
Need $5k right now? Here’s when you should (or shouldn’t) get a personal loan
Written by: Sulaiman Abdur-Rahman
Getting a $5,000 personal loan may not require good or prime credit. Subprime borrowers with fair credit scores between 580 and 669 can qualify for $5,000 …
Need new kitchen appliances? There’s a loan for that!
Written by: Sulaiman Abdur-Rahman
Appliance loans can cover the cost of kitchen appliances. These appliances, including refrigerators, dishwashers, ovens, microwaves and stovetops, can individually cost hundreds or thousands of dollars. …
What is a fixed-rate loan?
Written by: Sulaiman Abdur-Rahman
A fixed-rate loan is a lending product that allows eligible consumers or businesses to borrow money with an interest rate that does not change over the …
Here’s when credit card companies report to credit bureaus
Written by: Sulaiman Abdur-Rahman
Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct …
8 reasons why good credit is so important
Written by: Sulaiman Abdur-Rahman
Credit matters when looking to buy a house, car, or any other pricey asset. Unless a consumer is flush with cash, the path to home and …
What credit score do you need to buy a car?
Written by: Sulaiman Abdur-Rahman
Because a credit score is an important indicator for determining a consumer’s creditworthiness when buying a car, those with excellent credit histories tend to have an …
FedLoans, Granite State and Navient: Why are the loan servicers not renewing their contracts with the federal government?
Written by: Sulaiman Abdur-Rahman
Three organizations are leaving the federal student loan servicing business to refocus on private student loans. FedLoan Servicing, Navient Corp. and Granite State Management …
