Learning Center | Rocket Loans

Short-Term Loans: Know All Your Options

A short-term loan refers to any type of financing that uses a shorter repayment period. Learn about short-term personal loans and some potential alternatives.

What Is A Personal Line Of Credit, And How Does It Work?

A personal line of credit is a revolving amount of money you can draw from and repay as needed. Learn about the pros and cons of personal credit lines.

Payday Loans Vs. Personal Loans: Which Is The Better Option?

Payday loans and personal loans can both offer fast cash for borrowers, but payday loans tend to be riskier. Learn how payday loans differ from personal loans.

Is A Personal Loan Installment Or Revolving Debt?

Is a personal loan an installment loan or revolving credit? The answer can be tricky. See whether a personal loan is installment or revolving, and how to know.

How To Apply For A Personal Loan: A Complete Guide

Thinking about applying for a personal loan but not sure how to get started? Uncover a complete guide on how to apply for a personal loan online or otherwise.

Emergency Loans: What They Are And How To Get Them

Emergency loans can provide you with quick cash after an unexpected event. Learn how to get an emergency loan and explore your options if you have bad credit.

Credit Score For A Personal Loan: What Do You Need?

The minimum credit score needed for a personal loan is 650, if you want good rates. Dive into how credit scores work and how they can impact personal loans.

Can You Pay Off A Personal Loan Early, And Should You?

Can you pay off a personal loan early? You can, but there are pros and cons to consider. Discover when paying a loan off early could be good for your situation.

Bankruptcy Loans: How To Get A Loan After Bankruptcy

Not sure if you can get a loan after bankruptcy due to its impact on your credit? See how bankruptcy impacts loan approval and how you may still qualify.

Are Online Personal Loans Safe?

Are online personal loans safe? We’ll discuss the safety of these loans in comparison to in-person loans and how you can verify a lender’s authenticity.

Subordinated Debt: How It Works And The Risks Involved

Subordinated debt, or sub debt, is unsecured debt that’s only repaid after more prioritized loans. Learn how subordinated debt works and how businesses use it.

Collateral Loans: How Getting A Loan With Collateral Works

A loan with collateral can be easier to obtain and may have a lower interest rate. Discover how collateral loans work and the pros and cons of this loan type.

What Is A Lender? Meaning, Different Types And How To Choose The Right One

Unsure of what a lender is or does? Learn about various types of moneylenders you can work with and the qualities that set a good financial lender apart.

Types Of Debt: What You Need To Know

Taking on debt is a big decision, and there are many options to choose from to help you achieve your goals. Learn about types of debt and how they work.

Soft Inquiry Vs. Hard Inquiry: What Should You Know?

Knowing the difference between a soft inquiry vs. a hard inquiry on your credit can make you a more informed borrower. Learn how each affects your credit score.

What Is Simple Interest And How Is It Calculated?

Simple interest is the amount of interest charged on a loan over a set period of time. Read more about what simple interest is and how it’s calculated here.

Revolving Debt: Definition And Examples

Revolving debt is the balance from a credit account that you’re expected to pay off each month. Learn more about revolving debt and revolving debt examples.

Repairing Your Credit Score: A Step-By-Step Guide

Repairing your credit can make qualifying for a loan or mortgage easier. Uncover six steps on how to fix your credit score while building your credit history.

Featured Resources

Short-Term Loans: Know All Your Options

What Is A Personal Line Of Credit, And How Does It Work?

Payday Loans Vs. Personal Loans: Which Is The Better Option?

Is A Personal Loan Installment Or Revolving Debt?

How To Apply For A Personal Loan: A Complete Guide

Emergency Loans: What They Are And How To Get Them

Credit Score For A Personal Loan: What Do You Need?

Can You Pay Off A Personal Loan Early, And Should You?

Bankruptcy Loans: How To Get A Loan After Bankruptcy

Are Online Personal Loans Safe?

Subordinated Debt: How It Works And The Risks Involved

Collateral Loans: How Getting A Loan With Collateral Works

What Is A Lender? Meaning, Different Types And How To Choose The Right One

Types Of Debt: What You Need To Know

Soft Inquiry Vs. Hard Inquiry: What Should You Know?

What Is Simple Interest And How Is It Calculated?

Revolving Debt: Definition And Examples

Repairing Your Credit Score: A Step-By-Step Guide