Great Advice for Grads 2021

WHAT YOU CAN DO You may have some options that won’t interfere with your future retirement plans: • Personal loans: Unsecured personal loans are a good option for those with good to excellent credit scores and generally range from $1,000 to $50,000. • Credit cards with a 0% period: Also typically for those with good to excellent credit, cards with 0% APR periods, which usually last between 12 and 15 months, give you access to credit without paying interest. If you need instant cash, services like Earnin and PayActiv can give you an advance on your paycheck without starting the cycle of debt often brought on by high-interest payday loans or car title loans.

The article Strengthen Your Financial Resilience With These 3 Insights was originally published on NerdWallet on April 16, 2020.

SEAN PYLES is a debt writer at NerdWallet.


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