Eric Bank

Eric Bank

Bad Credit Expert

Eric Bank has been covering business and financial topics since 1985, specializing in taking complex subject matters and explaining them in simple terms for consumer audiences. Eric's writing regularly appears on Credible.com, eHow, WiseBread, The Nest, Get.com, Zacks, Chron, and dozens of other outlets. A former software engineer, Eric holds an M.B.A. from New York University and an M.S. in finance from DePaul University.

Latest Posts

(26) Total Posts to Date

Guide

936 views

13 min read

7 Indirect & Direct Lenders for Bad Credit Installment Loans

7 Lenders for Bad Credit Installment Loans

Look no further than installment versus personal loans for an example of a distinction without a difference. Both... read more »

Eric Bank

By: Eric Bank • 9/19/19

Guide

11,178 views

11 min read

5 Best Personal Loans for Low-Income Earners in [current_year]

5 Best Personal Loans for Low-Income Earners

According to the Department of Housing and Urban Development, low-income families earn no more than 80% of the... read more »

Eric Bank

By: Eric Bank • 6/20/19

Guide

14,028 views

13 min read

5 Guaranteed Auto Loans for Bad Credit in [current_year]

5 Guaranteed Auto Loans for Bad Credit Applicants

In the first quarter of 2018, 272.1 million cars were on the road in the United States. For many Americans, having... read more »

Eric Bank

By: Eric Bank • 6/14/19

Guide

19,278 views

17 min read

10 Bad Credit Loans with Guaranteed Approval

10 Bad Credit Loans with Guaranteed Approval

While it’s true there are few guarantees in life, the loans for consumers with bad credit we review here come... read more »

Eric Bank

By: Eric Bank • 8/7/19

Guide

17,127 views

13 min read

4 Loans for the Unemployed with Bad Credit in [current_year]

4 Loans for Unemployed People with Bad Credit

A strong economy is scant consolation if you find yourself struggling with unemployment. Millions of Americans are... read more »

Eric Bank

By: Eric Bank • 6/20/19

Guide

35,815 views

15 min read

7 Loan Alternatives to Online Payday Lenders with Instant Approval

7 Loan Alternatives to Online Payday Lenders

Consider this well-known statistic: 40% of Americans would have trouble raising $400 in an emergency. Many of us... read more »

Eric Bank

By: Eric Bank • 4/17/19

Guide

61,665 views

31 min read

21 Best Credit Cards for Low Credit Scores in [current_year]

21 Best Cards to Apply for with a Low Credit Score

The Doors told us that people are strange when you’re a stranger. Well, perhaps. But we do know that credit card... read more »

Eric Bank

By: Eric Bank • 4/15/19

Guide

70,703 views

17 min read

3 Best Credit Card Consolidation Loans: [current_year] Review

The Best Credit Card Consolidation Loans in 2019

Fretting at 2 a.m. seems to be a prevalent, if unwanted, affliction that robs millions of their sleep each night.... read more »

Eric Bank

By: Eric Bank • 3/22/19

Guide

100,000+ views

7 min read

5 Ways to Know When to Refinance Your House

5 Ways to Know When to Refinance Your House

A big part of the American Dream is home ownership. For most of us, that also means carrying a mortgage. With the... read more »

Eric Bank

By: Eric Bank • 1/11/18

Guide

100,000+ views

5 min read

The Credit Repair Organizations Act — Definition + 3 Ethical Companies

What is the Credit Repair Organizations Act?

In 1996, the Credit Repair Organizations Act (CROA) began protecting U.S. consumers from disreputable credit repair... read more »

Eric Bank

By: Eric Bank • 9/9/19

Guide

100,000+ views

11 min read

13 of the Best Secured Credit Cards to Rebuild Credit ([current_year])

13 of the Best Secured Credit Cards to Rebuild Credit

If you have poor credit, one good way to rebuild your credit history is to apply for a secured credit card. A... read more »

Eric Bank

By: Eric Bank • 10/31/18

Guide

100,000+ views

7 min read

9 Best “After Bankruptcy” Credit Cards (Unsecured + Secured)

9 Best After Bankruptcy Credit Cards

Some of life’s setbacks can be impossible to overcome. Fortunately, bankruptcy is not one of them. In fact, for... read more »

Eric Bank

By: Eric Bank • 1/4/19

Guide

100,000+ views

11 min read

“What is a Good Credit Score?” (See What’s Required by 4 Loan Types)

What is a Good Credit Score?

The American dream is pretty simple: the pursuit of happiness. You want to better your life for you and your... read more »

Eric Bank

By: Eric Bank • 8/14/18

Guide

100,000+ views

7 min read

“How to Refinance a Car” (3 Quick & Simple Steps)

How to Refinance a Car in 3 Quick Steps

Cars are an essential part of many people’s daily lives — whether they are commuting to and from work, picking up... read more »

Eric Bank

By: Eric Bank • 9/4/19

Guide

100,000+ views

5 min read

How to Cancel a Credit Card (8 Simple Steps)

How to Cancel a Credit Card

Once a credit card has outlived its usefulness, it might be a good idea to replace it with a friendlier card. You... read more »

Eric Bank

By: Eric Bank • 4/9/19

Guide

100,000+ views

5 min read

Financing College With Bad Credit (4 Loan & Grant Options)

Financing College With Bad Credit

Whether you’re an adult looking to go back to school or a parent funding your children’s education, it’s important... read more »

Eric Bank

By: Eric Bank • 10/26/18

Blog

100,000+ views

3 min read

What Is a Charge-Off? (4 Things to Know)

What Is a Charge-Off?

Your credit card company or other creditor may charge-off your debt if you are seriously behind on your payments. A... read more »

Eric Bank

By: Eric Bank • 12/5/16

Guide

100,000+ views

3 min read

Chase Bank — Personal Loans for Bad Credit (2 Options)

Chase Bank — Personal Loans for Bad Credit (2 Options)

Chase Bank is one of the most respected financial institutions in the country. Unfortunately, Chase doesn’t grant... read more »

Eric Bank

By: Eric Bank • 2/25/19

Guide

100,000+ views

3 min read

3 Car Repair Financing for Bad Credit Options

3 Car Repair Financing for Bad Credit Options

The American economy is one that drives; in fact, up to 90% of Americans drive to work. When you need a car to get... read more »

Eric Bank

By: Eric Bank • 2/22/19

Blog

100,000+ views

5 min read

“Are Reverse Mortgages Bad?” Finance Expert’s Pros & Cons

Are Reverse Mortgages Bad?

You’ve likely seen the ads on TV about how reverse mortgages can be the answer to all your financial woes. Well, if... read more »

Eric Bank

By: Eric Bank • 8/22/19

Guide

100,000+ views

3 min read

How to Find “Nominal” Interest Rate | A User-Friendly Guide

How to Find Nominal Interest Rate

The nominal interest rate, also called the annualized percentage rate (APR), is the annual interest you pay for... read more »

Eric Bank

By: Eric Bank • 5/7/18

Guide

100,000+ views

7 min read

How to File “Chapter 7” Bankruptcy Yourself | The 8 Steps

How to File Chapter 7 Bankruptcy Yourself

Chapter 7 bankruptcy is designed to relieve you of unsecured debts, such as medical expenses. There is no rule that... read more »

Eric Bank

By: Eric Bank • 1/11/18

Blog

100,000+ views

3 min read

9 Things You Should (And Shouldn’t) Say to a Debt Collector

9 Things You Should (And Shouldn’t) Say to a Debt Collector

The Fair Debt Collections Practices Act helps protect you from predatory debt collectors when you’ve missed a bill... read more »

Eric Bank

By: Eric Bank • 1/11/18

Guide

100,000+ views

5 min read

How to Write a Letter of Explanation for Credit Problems

How to Write a Letter of Explanation for Credit Problems

Folks can experience financial problems at any time — problems that muck up their credit reports and hamper their... read more »

Eric Bank

By: Eric Bank • 8/22/19

Blog

100,000+ views

5 min read

Credit Bureaus Adopt New Consumer Dispute Procedures

Credit Bureaus Adopt New Consumer Dispute Procedures

The three major U.S credit bureaus — Experian, TransUnion and Equifax — reached an agreement with New York State... read more »

Eric Bank

By: Eric Bank • 1/11/18


Warning: include(): Filename cannot be empty in /var/www/html/wp-content/themes/bc-desktop/author.php on line 66

Warning: include(): Failed opening '' for inclusion (include_path='.:/usr/local/lib/php') in /var/www/html/wp-content/themes/bc-desktop/author.php on line 66