Lindsay VanSomeren
Lindsay is a recent college graduate living in Fort Collins, CO. She taught herself how to manage her money after a series of bad encounters with student loans, low-paying jobs, and a house from hell. Today, she’s working hard to pay off her debts, earn more money, and find her dream job as a wildlife biologist. You can find her work on many financial sites like Magnify Money, Credit Sesame, and Centsai.
articles from Lindsay
11 posts
How Much Time Should You Take to Pay off Your RV Loan?
Published 06/09/2017 by Lindsay VanSomeren
RVing is a quintessential American pastime, and with the rising trend of #vanlife, its popularity has only grown. Just last year, RV manufacturers shipped 504,599 brand-new RVs—17% more than the previous year. If you’d like to jump on the wanderlust bandwagon, you’ll probably need to take out an RV loan.
What Does Your Car Insurance Cover? 7 Auto Insurance Types to Consider
Published 06/01/2017 by Lindsay VanSomeren
Sometimes it seems like you need a Ph.D. to decode car insurance terms. What do all the numbers mean? What is the difference between comprehensive insurance and collision insurance? And for goodness’ sake, what the heck do all those acronyms stand for?
How Much Money Can You Get with a Business Loan?
Published 05/26/2017 by Lindsay VanSomeren
Tesla. Google. Walt Disney. Virgin.
Small Business Grants: How to Get Free Money for Your Startup
Published 05/17/2017 by Lindsay VanSomeren
You might have hopes for world domination when you launch your startup, or at least market domination. It takes a lot of work to get such a business off the ground, though.
How Do Auto Loans Affect Your Credit Score?
Published 05/17/2017 by Lindsay VanSomeren
There are lots of reasons for paying off a car loan early. Once you’ve paid off your debt, you’ll own your own car! You’ll be free of your obligation to the lender, and you’ll pocket hundreds of extra dollars every month. And successfully paying off your auto loan will boost your credit score.
Is It a Good Idea to Convert Your Term Life Insurance to Whole Life Insurance?
Published 05/05/2017 by Lindsay VanSomeren
If you’ve bought term life insurance, congratulations! You’ve taken an important step in protecting your loved ones from financial hardship.
How to Find the Best Whole Life Insurance Policy
Published 05/01/2017 by Lindsay VanSomeren
Ah, whole life insurance. Few products are more controversial in the financial world. Critics say whole life insurance salespeople are simply doing the financial equivalent of selling ice to an Eskimo because most people don’t need these pricey policies. But for other people, whole life insurance can literally be a lifesaver under the right certain circumstances.
How To Get The Best Auto Loan Rates
Published 04/21/2017 by Lindsay VanSomeren
The average auto loan in America is about $30,000 at a 60 month loan term. With an interest rate of 3.0%, you’ll pay a total of $2344 in interest over the life of the loan. But if you increase the rate to 6%, that interest expense balloons to $4799. That’s $2445 more or almost 10% of the original purchase price!
What Should You Pay off First: Your Mortgage or Your Auto Loan?
Published 04/17/2017 by Lindsay VanSomeren
It’s hard to juggle multiple loans. Every month, they consume a significant portion of your paycheck. This goes doubly if you are juggling auto and home loans — likely two of the biggest purchases you’ll make in your life. As such, the combined balances and monthly payments can be huge.
Is Getting a Cosigner for Your Auto Loan a Good or Bad Idea?
Published 04/16/2017 by Lindsay VanSomeren
It can sometimes be tough to get an auto loan, especially if you don’t have good credit or a steady paycheck. You may be charged outrageous rates for an auto loan, and in some cases, you might even be denied outright.