Key takeaways Popular SBA 7(a) lenders include Newtek Small Business Finance, Live Oak Bank, Huntington National Bank and Readycap Lending. SBA 504 lenders have provided over $6 billion in funding to small businesses. SBA 7(a)…

Images by Getty Images; Illustration by Issiah Davis/Bankrate Key takeaways Unsecured loans aren’t backed by collateral, making them a higher risk for lenders. Unsecured business loan rates vary, ranging from 7% to 75% APR. With good credit, you could secure a low interest rate on an unsecured loan — between…

Key takeaways You typically cannot return a car unless the dealership has a return policy. To avoid being in a position where you need to return the car, research the history of the vehicle and the dealership’s policies. If you cannot return the car, look into refinancing your auto loan,…

Key takeaways Secured loans require collateral, in the form of a valuable asset, to back the loan. Lenders may offer lower interest rates and larger loan amounts for secured loans. Common examples of secured loans are auto loans, mortgages and some types of business financing. A lender can repossess the…

Key takeaways Payday loans are a form of predatory lending with extremely high interest rates and short repayment periods, making them a risky option for most people. There are safer alternatives to payday loans, such as taking out a bad credit personal loan and getting an advance on your pay.…