Business

Ladder Advisors Won’t Get You A Better Deal on Personal Loans

Published

5 years ago

April 11, 2020

If you are looking for a better deal on personal loans and you are considering Ladder Advisors, keep on looking. Our advice is to take a step back and check the Credit9 reviews before making a decision.

Very often in our lives, we need large amounts of cash for different purposes, be it for buying a car, renovating our home or paying medical bills. If you are seeking a loan, you should try to get a better deal on personal loans because it can save you a lot of money, make repayments much easier, and keep you out of debt collection.

Personal loans may range between $1,000 and $100,000. Online lenders and banks offer personal loans under their own terms and conditions. You should look for terms and conditions that will give you a better deal on personal loans.

The Coronavirus Crisis May Give You a Better Deal on Personal Loans

The coronavirus crisis has wreaked chaos everywhere around the world. However, there do exist opportunities for those seeking personal loans since the Federal Reserve is moving in aggressively to contain the devastating coronavirus fallout that the economy will have to endure and try and limit the number of coronavirus bankruptcies.

In short, the Fed has cut down interest rates to almost zero. The Fed did this to give impetus to an economy staggering and reeling under the unprecedented impact of the coronavirus. You shouldn’t be surprised that the Fed resorted to this measure considering that entire industries are currently stagnating and some like hospitality, travel, tourism and airlines are in danger of closing down.

Depending on your credit score, history and other factors, you may find loans with APRs ranging from 5% to 36%.

To get better deals on personal loans, you can visit certain sites to compare various loans. However, you can now expect to find very competitive interest rates as the interest rate that the Fed charges on loans have a strong influence on the finance industry.

Why is that?

It is all about the prevailing economic scenario. Back in the ‘80s when the economy was facing the shock of steep inflation, the Fed had used very high interest rates to battle the rising prices. At that time, the interest on personal loans was a stunning 19.2%.

Now the Fed has to work the other way round. It has to stimulate an economy that has been virtually knocked out by the coronavirus epidemic. The Fed is doing this by slashing interest rates to unprecedentedly low levels in order to stimulate enterprise and business activity, which have hit unthinkable lows. You can take advantage of this situation to get a better deal on personal loans.

In addition to personal loans, credit card rates are also falling. However, credit card rates still stand at an average of almost 15%, according to Fed’s research. You can play it smart and bring down your credit card costs by taking out a debt consolidation loan. You can now get a better deal on personal loans if you are seeking to consolidate debt. So, if you were looking for the right opportunity, then now is the time to act.

The Fed has brought down interest rates to new lows that were not seen since the last major financial crisis in 2008. Since the Fed has dramatically slashed interest rates, the effects will reverberate across the finance industry and they will be forced to follow suit. Hence, you should look around for personal loans because the times are ripe for deals that were previously unimaginable. Considering how aggressively the Fed is bringing down interest rates, you should not be surprised when you come across lenient terms and conditions. There has never been a better time to get a better deal on personal loans.

Apps for a Better Deal on Personal Loans

Even before the coronavirus crisis, personal loans were on the rise. Credit bureaus reported that in 2017 and 2018, there was a substantial 15% rise in personal loans.

Depending on the credit score of the borrower, most personal loans during this period ranged between $11,000 and $20,000.

Advances and developments in fintech are the key reasons behind the pre-coronavirus proliferation of personal loans. Financial apps now exist that allow you to get better deals on personal loans. These apps provide a seamless procedure for personal loan application that is both simple and convenient.

How important are these apps now? Towards the end of 2018, personal loans taken out through fintech apps accounted for a substantial 38% of the total, according to major credit bureaus. In 2013, these apps accounted for just 5% of all personal loans. Hence, the major rise in personal loans can be attributed to the relentless popularity of finance apps that allow seamless borrowing and make a better deal on personal loans easier than ever.

Personal loans are typically unsecured. This means that you do not have to forward any of your property as collateral for the loan. If you default on payments, the lender may be able to sell off the collateral to recover the loan amount. Since personal loans usually do not involve any collateral, you can have peace of mind knowing that your property is not directly at stake if you are late on a few payments. This is one of the reasons why you get a better deal on personal loans.

The repayment schedule of personal loans typically ranges from 3 to 5 years. Hence, you have plenty of time to pay back your personal loan. You can get a better deal on personal loans due to this generous payment schedule.

These loans also carry a lower debt than credit cards on average. If you have accumulated large amounts of credit card debt, you can take out a debt consolidation personal loan through which you can pay a lower cumulative interest rate on your combined credit card balances. A better deal on personal loans like this can help you with repaying credit card debt.

Hence, in order to get a better deal on personal loans, you may select an app that will help you to compare interest rates and other loan terms between different lenders.

Bottom Line

Fed interest rate cuts, combined with finance apps, can help you to get a better deal on personal loans. Given the current scenario, it is likely that the Fed may be forced to reduce the interest rate even further to bolster an ailing economy.

Business

Scaling Success: Why Smart Habits Beat Growth Hacks in Modern eCommerce

Published

1 month ago

July 26, 2025

Matthew Wiles

There’s a romanticized image of the eCommerce founder: a daring risk-taker chasing the next big idea, fueled by late-night caffeine and last-minute inspiration. But the reality behind scaled, sustainable brands tells a different story. Success in digital commerce doesn’t come from chaos or clever hacks. It comes from habits. Repetitive, structured, often unglamorous habits.

Change, a digital platform created by eCommerce strategist Ryan, builds its entire philosophy around this truth. Through education, mentorship, and infrastructure, Change helps founders shift from scrambling for quick wins to building strong systems that grow with them. The company doesn’t just offer software. It provides the foundation for digital trade, particularly for those in the B2B space.

The Habits That Build Momentum

At the heart of Change’s philosophy are five core habits Ryan considers non-negotiable. These aren’t buzzwords; they’re the foundation of sustainable growth.

First, obsess over data. Successful founders replace guesswork with metrics. They don’t rely on gut feelings. They measure performance and iterate.

Second, know your customer deeply. Not just what they buy, but why they buy. The most resilient brands build emotional loyalty, not just transactional volume.

Third, test fast. Algorithms shift. Consumer behavior changes. High-performing teams don’t resist this; they test weekly, sometimes daily, and adapt.

Fourth, manage time like a CEO. Every decision has a cost. Prioritizing high-impact actions isn’t optional; it’s survival.

Fifth, stay connected to mentorship and learning. The digital market moves quickly. The remaining founders are the ones who keep learning, never assuming they know it all.

Turning Habits into Infrastructure

What begins as personal discipline must eventually evolve into a team structure. Change teaches founders how to scale their systems, not just their sales.

Tools are essential for starting, think Notion for documentation, Asana for project management, Mixpanel or PostHog for analytics, and Loom for async communication. But tools alone don’t create momentum.

Teams need Monday metric check-ins, weekly test cycles, customer insight reviews, just to name a few. Founders set the tone by modeling behavior. It’s the rituals that matter, then, they turn it into company culture.

Ryan puts it simply: “We’re not just building tools; we’re building infrastructure for digital trade.”

Avoiding the Common Traps

Even with structure, the path isn’t always smooth. Some founders over-focus on short-term results, chasing vanity metrics or shiny tactics that feel productive but don’t move the needle.

Others fall into micromanagement, drowning in dashboards instead of building intuition. Discipline should sharpen clarity, not create rigidity. Flexibility is part of the process. Knowing when to pivot is just as important as knowing when to persist.

Scaling Through Self-Replication

In the end, eCommerce scale isn’t just about growing a business. It’s about repeating successful systems at every level. When founders internalize high-performance habits, they turn them into processes, then culture, then legacy.

Growth doesn’t require more motivation. It requires more precision. More consistency. Your calendar, not your to-do list, is your business plan.

In a space dominated by noise and novelty, Change and its founder are quietly reshaping the conversation. They aren’t chasing trends but building resilience, one habit at a time.