Posts by Jen Williamson

Jen Williamson is a freelance writer living in Brooklyn. She has written for a variety of industries, including software, education, business, and personal finance. Prior to that, she worked at an adult literacy nonprofit in Philadelphia, where she coached nontraditional students in passing the GED test and applying for college. When she isn’t writing or reading—which is rare—she can usually be found planning her next travel adventure, training for a marathon, or sneaking in somewhere she’s not supposed to be.
Jen Williamson

Should You Refinance Your Federal Loans Through a Private Lender?
Refinance

If you’re like a lot of college graduates, you have multiple student loans, all through different lenders. Is it time to get them all in one place? There are pros and cons to refinancing your federal loans through a private lender, so it's important to carefully consider your specific circumstances.

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Personal Loans v. Credit Cards: Which is Better for Debt Consolidation?
Personal Loan

If you’re considering consolidating your credit card debt, you basically have two options: a personal loan or a balance transfer.  A personal loan is a loan you take out with a bank. You use it to pay off all your credit cards, and then you pay off the loan over time. A balance transfer is when you move your balances from multiple credit cards onto a single credit card.

But which is better? Personal loans have lower interest rates and a fixed end date for paying off your debt. Balance transfers can offer attractive terms, but there are some things that can be problematic over the long term. 

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6 Warning Signs That Debt Stress is Affecting Your Health
Personal Loan

True, there’s more to life than money. But if your money situation is unraveling, it can be difficult to think about anything else. Crushing debt can seriously limit your options in life—and it’s a huge cause of stress.

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5 Legit Ways to Get Out of Debt Fast
Personal Loan

Want to crush your debt — yesterday? Well, we can't tell you how to travel back in time ... but we can tell you how to create a more financially secure future, starting today. 

Paying off your balances fast might sound like the impossible dream, but there are ways to do it. Here are five things you can do right now to get debt off your back.

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What Does Debt Consolidation Do to Your Credit Score?
Personal Loan

When you consolidate your credit card debt, you replace multiple credit card accounts with a single loan or line of credit.

Many people with significant credit card debt never consolidate — and one of the top reasons is worry about what will happen to their credit score. But consolidating can actually have a positive effect on your score, as long as you make payments on time. 

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Personal Loans v. Credit Cards: Which Debt is Better?
Personal Loan

There are many reasons you might need a quick infusion of cash. Maybe to pay for a wedding, a vacation, or a home improvement project, or deal with a medical or financial emergency. If you don’t have the money you need in your savings account, you’re not alone. A recent CNBC poll found that a whopping one in three Americans has $0 saved.

Your best options for fast money are credit cards or personal loans, but personal loans are likely to cost you a lot less over the long haul. They also look better on your credit report. Here's what you need to know.

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Best Banks for Private Student Loans in 2017. Get Your Rate.
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