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Loans

From learning about how loans work to finding the best interest rates, More Money More Choices is your complete guide to borrowing money. By learning about the ins and outs of a loan, you'll make sound decisions to save money and become debt-free.

How to Get a Car Loan

Published: December 3, 2020 by David Em Updated: June 18, 2022
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Person driving a convertible car.

Learn how to get a car loan the right way so that you save money on interest, avoid overpaying, and find the perfect car for you. 1. Check your …

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Understanding the Loan-To-Value (LTV) Ratio

Published: November 5, 2020 by David Em Updated: June 18, 2022
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Calculator on top of cash.

Loan-to-Value (LTV) is a ratio that's commonly used to help financial institutions make decisions regarding lending decisions. What's the …

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Financing vs. Leasing a Car (2023 Update)

Published: October 1, 2020 by David Em Updated: January 1, 2023
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Inside a Mercedes-Benz car dealership.

If it's time for a new car, two common options are financing and leasing. Learn why you should finance your car instead of leasing it. Getting …

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What’s a Home Equity Line of Credit (HELOC)?

Published: September 10, 2020 by David Em Updated: June 18, 2022
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Grey and blue house with the lights turned on.

A Home Equity Line of Credit is commonly referred to as a HELOC. It's a line of credit that's secured by your home, which has many …

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Annual Percentage Rate (APR): What It Is and How It Works

Published: August 13, 2020 by David Em Updated: June 18, 2022
More Money More Choices may earn a commission on purchases made from affiliate links on this page.

Cash beneath a calculator, notepad, and pen.

When you borrow money, you'll likely pay interest. APR stands for annual percentage rate and it represents the costs per year of taking out a …

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