Wilkes Finance

Bank credit: is it growing, and where’s it going?

Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit

5 Things You Should Never Buy With Your Credit Card

Put that plastic away! For these six expenses, you’re better off leaving your credit card in your wallet.

Is a personal loan for you?

Personal loans have surged in popularity, due in part to increasing consumer confidence and a growing array of online lenders to provide them.

Mortgage Loans: Stick With A Bank Or Go With A Broker?

It matters where you go for a mortgage. Who offers a better deal — a banker or broker?

How to Deal With a Pawn Shop

A pawn shop can be a good place to get a few extra dollars if you need a loan or a quick sale. Pawn shops typically allow you to either sell an item outright, or place the item in the temporary care of the store in exchange for a cash...

Impulse Buys Make You Feel Good, But At What Price? : Enemy of Debt

According to the 2012 Shopper Engagement Study, we as consumers make grocery shopping decisions in the store at a rate of 76%, causing us to spend more than originally intended. Even with the best laid plans, coupons, shopping circulars, and a specific list statistics show we are drawn to spend more. Research shows tough current economic conditions cause us to “splurge” at the grocery store for psychological reasons we don’t even realize at the time. As I pondered that thought I realized even…

How do auto loans work?

So how do auto loans work? Since most people buying a new or used car opt for financing it’s an important question, and understanding the answer will help you in the purchase process.…

5 simple steps to consolidate your debt with a personal loan

Consolidating using a personal loan could lead to paying off high-interest debts, simplify your payments and reduce debt faster.

Susan Tompor: Paying off student loan? Repayment options you should consider

November marks a time to talk turkey about how to repay those student loans.

5 Do's and Don'ts of Repaying Your Personal Loan Early

When you're nearing the end of a long personal loan road, it's tempting to wrap your payments up a few months early. Who doesn't yearn to see that balance

Don't Let Paying Student Debt Drive You Nuts

You might think the only way to pay down your debt is to pinch every penny, but you can pay your bills and keep your sanity. Here's how.

Should I Pay off Credit Card or Loan Debt First?

If you have several credit card accounts and loans, deciding which to pay off first can be a tough decision. Watch this episode of Ask Susie to learn which you should pay off first.

What can personal loans be used for?

In need of a resource to help pay for small projects? Check out ProFed's personal loans. Quick, short-term, multi-purpose financial solutions available to you. Contact us for more information.

Take steps now to minimize future college debt

College hopefuls are encouraged to begin FAFSA process.

Need To Borrow A Lot Of Money? Get A $100,000 Personal Loan

If you need to borrow a lot of money, it can be difficult to find a lender that fits your needs and is willing to extend funds at a reasonable interest rate. While many financial institutions offer personal loans up to $50,000, fewer lend up to $100,000. What’s more, only the most qualified applican

Tying the Knot? Beware of the Post-Wedding Debt Vortex

How to pay down your student loans and maintain your sanity

If you have student loans, you’ve probably heard the numbers: There is $1.3 trillion in outstanding student debt in the U.S. More than 40 million Americans have at least one student loan. Seventy percent of bachelor degree recipients will graduate with student debt; on average, their balances are north of $30,000 apiece. But if you have or …