During the Great Recession one of the tactics used by the U.S. economy was an unprecedented move to lower interest rates to near zero, and Americans haven’t seen interest rates much above zero for a decade now. You might be asking yourself, how does a rate increase...
For those of us who have just endured a long, cold and drab winter, the first sings of spring can lead to a need to spend more “green”. Anything from spring cleaning to yard-work can trigger an unnecessary shopping...
During tax refund time, lots of people start thinking about using that extra cash to help improve their credit. I have the answers to some of the top credit repair questions we receive from folks. Is Paying off my...
We are excited to introduce LPI Loans new 30 + 30 + 30 + 10 referral program! For every referral that results in an approved and closed loan you get $30.00. It’s an easy way for you to share...
The Holidays are a stress full time, and they are made even more stressful when your budget it tight. If the balance of your bank account has got you on the verge of tears…you better not cry, and I am here to tell you why! It may...
You know that old saying “actions speak louder than words”? Well here at LPI we don’t just say we appreciate our customers, we prove it! LPI Loans will be toasting YOU, our customers, all month-long! The entire month of November we will be offering free gifts*, raffle...
Debt. The word alone causes most people to shudder, and with good reason. Overwhelming debt is a source of immeasurable misery for many. The crushing weight of debt has the power to hold you back in life, and not...
The arrival of September is a welcome event for those of you dealing with outstanding healthcare bills. Starting on the 15th of this month, Experian, Equifax, and TransUnion are all going to implement a 180-day waiting period before including medical debt on consumers’ credit reports. The idea...
Can’t pay your bill? When financial hardship hits or an unexpected expense leaves you short, there are steps you can take to reduce the impact of falling behind. The first thing you should do is contact your lender and discuss your payment options. Explain why you are...
A question that we are frequently asked at LPI is, “If I apply for new credit will my credit score drop?”. Like most things associated with a FICO credit score, the answer isn’t exactly black and white. The impact from applying for credit will vary from person...