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James Wilson

Editor, Auto & Business Lending

James covers auto financing, auto loan refinancing, SBA programs and small business credit. He has a particular interest in dealership financing practices and the true cost of long-term auto loans.

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Articles by James Wilson (25)

Mortgage

The Complete Guide to VA Loans for US Veterans

Are you a US veteran? Learn how to leverage VA loans for a 0% down payment mortgage with no private mortgage insurance.

Home Equity Loans

HELOC vs. Home Equity Loan: Which is Right for You?

Understand the difference between a Home Equity Line of Credit (HELOC) and a Home Equity Loan to fund your next big project.

Mortgage

Are Adjustable-Rate Mortgages (ARMs) a Good Idea?

Understand the risks and rewards of 5/1 and 7/1 ARMs in today's fluctuating US interest rate environment.

Mortgage

How Much House Can I Afford? The 28/36 Rule Explained

Use the classic 28/36 rule to calculate your housing budget and avoid becoming house poor in the US market.

Mortgage

Should You Buy Mortgage Points? A Cost-Benefit Analysis

Learn how paying for discount points upfront can lower your interest rate and save you money over the life of your US mortgage.

Personal Loans

Unsecured vs. Secured Personal Loans: Which is Better?

Understand the key differences between secured and unsecured personal loans and discover which fits your financial needs best.

Bad Credit Loans

7 Safe Alternatives to Predatory US Payday Loans

Avoid the 400% APR trap of payday loans. Discover safer, more affordable borrowing alternatives for short-term cash needs.

Personal Loans

Should You Take Out a Loan for Your Wedding?

Explore the pros and cons of wedding loans. Learn how to finance your big day without ruining your financial future.

Personal Loans

Watch Out for Personal Loan Prepayment Penalties

Plan to pay off your loan early? Learn how to identify and avoid lenders that charge prepayment penalties in the US.

Personal Loans

How to Spot and Avoid Personal Loan Scams in the US

Protect yourself from predatory lenders and fraudsters. Learn the red flags of advance-fee loan scams and phishing attempts.

Auto Loans

Leasing vs. Buying a Car: Which is the Smarter Choice?

Compare the long-term financial impacts of leasing a vehicle versus buying one with a traditional auto loan.

Auto Loans

Financing a Used Car: Rates, Terms, and Tips

Used car loans often have higher rates than new ones. Learn how to secure the best financing for a pre-owned vehicle.

Auto Loans

Why Credit Unions Offer the Best Auto Loan Rates

Discover why local US credit unions consistently beat big banks and dealerships when it comes to auto loan APRs.

SBA Loans

A Complete Guide to SBA 7(a) Loans for Small Businesses

Learn the requirements, terms, and application process for the US Small Business Administration's premier 7(a) loan program.

Business Loans

Equipment Financing: How to Fund Your Business Assets

Need a new tractor, oven, or server rack? Learn how equipment financing uses the asset itself as collateral for the loan.

SBA Loans

SBA Microloans: Small Funding for Big Ideas

Need less than $50k? Explore the SBA Microloan program, designed to help marginalized and new business owners in the US.

Business Loans

Grants and Loans for Women and Minority-Owned Businesses

Explore specialized US funding opportunities, SBA programs, and grants designed for minority and female entrepreneurs.

Credit Score

How is Your FICO Credit Score Calculated?

Understand the 5 key factors that make up your FICO score: payment history, utilization, length, mix, and new credit.

Credit Score

Can Being an Authorized User Build Your Credit?

Learn how 'piggybacking' on a family member's credit card can fast-track your credit score building journey.

Credit Score

How Long Do Negative Marks Stay on Your Credit Report?

From late payments to bankruptcies, find out exactly how long derogatory marks impact your US credit profile.

Debt Consolidation

How to Use Balance Transfer Credit Cards to Pay Off Debt

Learn how to leverage 0% APR introductory periods to consolidate and aggressively pay down US credit card balances.

Debt Consolidation

When Should You Use a Credit Counseling Service?

Drowning in debt? Learn how non-profit credit counseling agencies can help you set up a Debt Management Plan (DMP).

Personal Finance

What is a CD (Certificate of Deposit) and Are They Worth It?

Lock in high interest rates with a CD. Learn how they work, the penalties for early withdrawal, and CD laddering strategies.

Personal Finance

FSA Guide: Use It or Lose It Healthcare Savings

Learn how to optimize your Flexible Spending Account to save on taxes for medical expenses before the end of the year.

Personal Finance

The Magic of Compound Interest: Why Starting Early Matters

Compound interest is the 8th wonder of the world. Learn how investing early can turn small contributions into millions.