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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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What Is an Installment Loan and What Are Some Examples?

By Enero Febrero

You hear about all kinds of loans every day. Loans for your car, loans for your home, and even loans to pay for those medical bills that you weren't expecting. But, when you go to your bank or other service provider, what are you getting? Answer: an ...

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August 7, 2019

The 6 Most Common Reasons Why Your Loan Application Was Rejected

By Sabado Domingo

If you applied for a loan and receive a rejection, you're not alone. Getting rejected for a loan is frustrating, but there are usually good reasons why you didn't get that approval. Here are six of the most essential factors: Poor Credit Score. If ...

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July 23, 2019

The Importance of Good Credit and 5 Ways to Improve Your Score

By Sabado Domingo

In today's day and age, it's incredibly difficult, but not impossible, to survive with a bad credit history. Surviving with bad credit is definitely going to cost you monetarily. When you have a good credit score, you can finally start saving money ...

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July 18, 2019

Are You Prepared for Managing Money and Other Responsibilities?

By Mr. Credit Card

I have an eleven-year-old son who is clamoring for a cell phone. But cell phone aside, my son has been getting an allowance and, quite often, Granny tops off his piggy bank during Christmas and his birthday. I've observed some very interesting things ...

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July 17, 2019

5 Important Factors to Consider Before Applying for a Business Loan

By Sabado Domingo

Expanding or growing a business usually means paying for the increasing accounts receivable balances, buying new equipment, and paying for more manpower. However, businesses that don't have enough funds often need to consider applying for a business ...

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July 12, 2019

How To Get A Personal Loan With No Credit History

By Sabado Domingo

Credit is the gateway to financial opportunity, but without a credit history of at least 18 good months, many opportunities can slip through the cracks. However, zero credit is not the end all for financial breakthroughs. The good news is there are ...

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June 7, 2019

100 Words On: The One-Armed Bandit’s Armless Cousin

By Len Penzo

Who hasn't been fleeced by a casino slot machine? Although only Keno offers worse odds of winning, slots are by far the most popular casino game, responsible for 70% of all gambling industry winnings -- so it's really no surprise they're derisively ...

Continue reading 100 Words On: The One-Armed Bandit’s Armless Cousin

June 6, 2019

A Guide to Improving Your Credit Score

By Tex Freitag

If you're struggling to get approved for loans or credit cards and aren't securing favorable financing rates, you may need to work on improving your credit score. Improving your credit may sound like an intimidating process, but it's possible to ...

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May 21, 2019

18 Amazing Facts You Didn’t Know About Your Credit Cards

By Len Penzo

If you're like me, you never ever give your credit cards a second thought. However, after recently getting stuck in a supermarket line behind a nice lady who decided to pay for her groceries with a giant bag of loose change, I developed a new-found ...

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May 20, 2019

Good Personal Finance Habits Everyone Should Follow

By Len Penzo

There are good habits and there are bad habits - and I have a lot of bad habits. For example, I tend to bite my nails when I get stressed out. I also have a penchant for opening the cupboard to get a drinking glass -- then walking away and leaving ...

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April 29, 2019

5 Things You Should Know Before Getting a Student Loan

By Sabado Domingo

If you want to practice law, write a brilliant research paper worthy of a Nobel Prize, or engineer a rocket, then you'll need to go to college. You'll also need to write the lion share of your essays -- or at least address an essay help service if ...

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April 23, 2019

Dealing with Past Sins: 3 Inventive Ways to Pay Off Your Student Loan Debt

By Sabado Domingo

It's a rare college student nowadays who gets through a four-year degree without accumulating a significant amount of debt. Last year, the average student borrowed more than $38,000 in student loans. If you are worried about student loan debt, ...

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April 19, 2019

2 Short Term Loans That Don’t Require a Credit Check

By Sabado Domingo

A lot of Americans nowadays have bad credit ratings, or no credit rating at all. According to credit bureau Experian, the newest VantageScore model estimates there are 68 million people with credit ratings to have bad or poor credit scores. For ...

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March 22, 2019

How to Make Better Financial Decisions

By Tex Freitag

Good financial decisions are rarely impulsive. When you make irrational, spur of the moment decisions with money, they usually lead to overspending or -- even worse -- to unwise investments. As a result, you will be unlikely to maximize your savings ...

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March 13, 2019

4 Smart Reasons for Tapping Your Home Equity

By Tex Freitag

Did you know that your home has a tangible value to it that you can use? The equity in your house is something that you can take advantage of, but only if you have a good reason to. Using your home's equity is basically like taking out a second ...

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March 8, 2019

Tips for Female Entrepreneurs – How to Get a Small Business Loan

By Enero Febrero

Today, 40% of all entrepreneurs in the US are women. But, unfortunately, these numbers do not line up with their access to small business loans. In fact, many female entrepreneurs today find it quite challenging to take a loan. However, lack of ...

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February 22, 2019

5 Tips Guaranteed to Help You Build Wealth After Graduation

By Tex Freitag

If there's one thing that kids these days aim for, it's having a fat bank account. Of course, the road to financial independence starts after you have spent at least four years getting a college degree. No doubt, everything that comes afterward is ...

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February 20, 2019

What are the Key Requirements for Securing a Startup Business Loan?

By Sabado Domingo

Businesses require loan facilities for a wide range of reasons such as: investing in equipment, maintaining business operations, starting a new branch, or even increasing a businesses' working capital. However, securing a loan is not an easy task as ...

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February 15, 2019

What’s the Best Way to Make a Family Budget?

By Enero Febrero

Believe it or not, making a family budget is not as easy as it may sound. And although budgets may not be essential to keeping your finances under control, they do allow you to make calculated decisions about how to spend your income. When making a ...

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February 12, 2019

A Few Facts About Online Installment Loans

By Enero Febrero

Are you thinking about purchasing a big-ticket commodity or service, but are worried about the lack of cash or a poor credit history? If you answered "yes," then you probably know how limited your options are. The good news is that installment ...

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February 8, 2019

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