In this episode of More Money Mondays, JaeVic demystifies the confusing world of loans, explaining their origins, types, and key terms. From personal and business loans to auto and student loans, we cover how they work, who offers them, and the ties to them. Practical tips are provided to help you navigate loans responsibly and make informed financial decisions. Whether you're considering borrowing for education, a car, or a business, this episode provides essential insights to help you make informed financial decisions. Tune in to elevate your financial wellness!
Resources:
- Private vs. Federal College Loans: What's the Difference?: Investopedia
- How Much Money Can A Bank Hold?.
- Better Business Bureau: Find a Business you can Trust
- CNN: How student loan debt became a trillion-dollar problem for Americans
- Consumer Financial Protection Bureau
- How Interest Rate Changes Affect the Profitability of Banking: Investopedia
- Find a Financial Therapist
Social Media:
- Insta/Facebook: @financefitnessfinesse
Audio:
- Money Roll by Mr Smith; (Free Music Archive); license type (CC BY)
- Fashion House - Short Version by Scott Holmes Music; (Free Music Archive); license type (CC BY-NC)
- Hip Hop Funk Loop by JsoundLAB; (Free Music Archive); license type (CC BY-NC)
Version: 20240731
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