Borrowers should carefully weigh their home equity loan pros and cons before getting started with the product. /iStockphoto .

The advantages of refinancing a mortgage can include lowering your interest rate, changing your loan term and unlocking some home equity. The disadvantages of refinancing include closing costs, ...

Refinancing your auto loan can save you money in interest and reduce your monthly payment, but there are risks, including becoming upside-down on your car loan Written By Written by Staff Loan Writer, ...

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Personal loans can be mixed blessings. A personal loan can help you finance a large purchase or consolidate credit card debt into a single fixed monthly payment. But, as with any financial product, ...