How Not To $#&* Yourself When Taking Out A Loan (plus an intro to Current)

Most people borrow money at some point, but how do we pick out good loans from bad loans? To help us figure out which loans are best, we're bringing down our usual suspects: from AffordAnything.com, Paula Pant; from our very own basement, OG; and from LenPenzo.com... Len Penzo. And halfway through the show we're talking to the founder of Current, Stuart Sopp, who's setting out to help parents teach their kids about money and the dangers of using plastic. We'll also answer a student loan/investment question question from Eli, and still have time for Doug's trivia.Thanks also to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings.Thanks to Stamps.com for supporting Stacking Benjamins. For a 4 week trial (that includes a digital scale and postage) go to Stamps.com, click on the microphone at the top of the homepage, and enter SB. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What this episode covers

Most people borrow money at some point, but how do we pick out good loans from bad loans? To help us figure out which loans are best, we're bringing down our usual suspects: from AffordAnything.com, Paula Pant; from our very own basement, OG; and from LenPenzo.com... Len Penzo. And halfway through the show we're talking to the founder of Current, Stuart Sopp, who's setting out to help parents teach their kids about money and the dangers of using plastic. We'll also answer a student loan/investment question question from Eli, and still have time for Doug's trivia. Thanks also to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings. Thanks to Stamps.com for supporting Stacking Benjamins. For a 4 week trial (that includes a digital scale and postage) go to Stamps.com, click on the microphone at the top of the homepage, and enter SB. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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This episode was published on August 3, 2018.

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