Debt in the United States has grown by almost 20% in the last decade, and personal and auto loans – two of the most common loan options – continue to grow. Americans currently hold $305 billion in personal loans and $1.2 trillion in auto loans. So which among these popular loan options is best for you if you want to replace a vehicle or pay for expensive car repairs? Learn how to choose the right one in this [...]
Have you been impacted by lay-offs? Have you lost hours? Mariner Finance is here to provide some helpful resources for you! While many employers are cutting back on hours and staff, many other employers are hiring! To help you, Mariner has been compiling a list of companies that have announced that they are hiring. It is published on Mariner’s website and is also available through your branch manager. In addition, we have compiled a list of helpful tips and resources for [...]
“Roads? Where we’re going we don’t need roads.” Dr. Emmett Brown – Back to the Future Ok, so maybe we still need roads. Hollywood usually over-estimates how technology will be in the future. Back to the Future 2 came out in 1989 but took place in 2015. Although we don’t currently have the flying cars and hoverboards that were featured in the movie, the 2010s still offered a ton of futuristic technology that we now use every [...]
Clark Griswold: [Revealing his Christmas “bonus”] It’s a one-year membership to the Jelly of the Month Club. Cousin Eddie: Clark, that’s the gift that keeps on giving the whole year. National Lampoon’s Christmas Vacation (1989) Looking for gift ideas for the 2019 holiday season? Well, we have you covered! Finding the perfect present can be perplexing. The last thing you want to do is pick up something that the recipient will hate (like a “Jelly of the [...]
Deals of the Season! Black Friday, November 29th, 2019, looks to be one of the best in recent years. Most sales run through the weekend, some already live online. We have compiled a list of some of the best deals, in several categories with links, to make your shopping experience easy this year! Could you use extra money this holiday season?* Don’t forget, our offices will be open on Black Friday! Our holiday hours are: Monday, Wednesday, Thursday: [...]
What is an installment loan? […]
Are you confused by finance language? We know some of these words can be scary and confusing, but understanding their meaning and importance will help you to make more informed financial decisions in the future. We compiled a list of the most commonly used Finance terms in our world to better your knowledge. APR- An annual percentage rate (APR) is the rate charged for borrowing or earned through an investment each year. It is a percentage that shows [...]
Personal loans can help with unexpected expenses, home improvements projects, and purchasing a car. Did you know that personal loans may also help your credit score? Installment loan history and on time payments are ways to help raise your credit score and improve your borrowing power. Paying your personal loans as agreed generates positive reports that are sent to credit bureaus monthly, helping you build credit worthiness. Personal loans, when used responsibly, can help boost your credit score [...]
Today, consumers have many choices when it comes to financing. Credit cards, mortgages, home equity lines of credit, and personal loans are all options for borrowing needed funds. Personal loans can be a convenient way to borrow money for expenses up to $25,000 and are paid in monthly installments. What is a personal loan? A personal loan, also known as an installment loan, is money borrowed from a financial institution. This is normally from a bank, credit union [...]
When applying for credit, it is very important that you understand the type of information that will be asked of you. By knowing common application terms and their meanings, you will be prepared with the proper information and have the knowledge and confidence to understand why this information is important. Our branch managers helped us define a list of terms you should expect to hear during the application process. If you are still confused [...]
