Big Picture Loans Blog

Unfortunately, financial management is not a required subject in high school or college. This has led to so many young adults finding it difficult to properly manage their money once they get out in the real world. The current generation of young adults could be facing the most uncertain economic future of any group since the Great Depression. Crushing student loan debt, stagnant wages, growing economic disparity and the after-effects of the 2008 market crash are just a few of the burdens young adults must carry as they try to manage their financial situation.

You may have a plan in place for a natural disaster or certain emergencies, but do you have a plan for a financial emergency? In the event, you find yourself or someone in your household with an unexpected injury or you have damage to a car or your home, you may incur costs that could push the limits of your bank account.

Emergency loans offer an easy way out when you’re struggling with unexpected bills or income problems. Some financial experts suggest you should have three to six months’ worth of funds in an emergency savings account to cover emergency expenses. However, we know that’s not always practical or easy to accomplish. If you don’t have an emergency fund, enough savings or enough credit on your credit card to cover your expenses due to a financial emergency, you may need an emergency loan to help with your financial situation.

When you need money fast, you might consider payday loans to be a good source to get you through a difficult financial situation. Payday loans are easy to get because they don’t require any credit check, and this makes them more accessible than other loan types. However, it’s important to know a few things. They main takeaway is payday loans can end up costing you more money than other types of loans.

Today many people are discovering that living a life that is eco-friendly is not only better for the planet, it might be better for their health and their wallet. If you're the type of person who likes to save money, chances are you already are going "green." Being green doesn't have to include installing solar panels and buying an electric car - although both of those are great steps to living an eco-friendly lifestyle. There are smaller, everyday things you can do that can add up to big savings while still allowing you to be environmentally conscious.

There are generally certain requirements to qualify for an installment loan. The good news is that you don't always have to have perfect credit. You do need to have steady income, prove your identity, and have an open checking account in good standing, among other requirements. Why do you need a bank account to get a loan? That is what we're going to answer for you here as well as give you some added incentive to open an account if you don't have one already.

If your credit score is low, you may be uncertain about whether or not you are eligible for a personal loan from a traditional lender. Having bad credit can prevent loan approval from traditional lenders, but an online personal loan from an alternative lender could be your best option.

Did you know that it is possible to get a loan just by using your signature or e-signature for an online loan? It’s true. It’s typically referred to as a signature loan or an unsecured personal loan. Instead of relying on the applicant’s assets as collateral, a signature loan relies on a borrower’s signature as a promise to pay. If you qualify for the loan, you simply need to sign your name on the loan agreement. If you find yourself in need of money quick because of a recent financial emergency then a signature loan may be an option since they are typically fast and easy to obtain.

Fall is almost here -- time to trade in your flip-flops and tank tops for boots and sweaters. A fall capsule wardrobe lets you build a versatile, fashionable wardrobe without spending a fortune. How can you go about building your own capsule wardrobe in order to stay within budget this fall?

Borrowing money is something that everybody has to do at one point or another. Whether you are borrowing for a large purchase, like a home or vehicle, or need emergency funds to cover unexpected expenses, looking for financial help is nothing to be embarrassed about.