Loans Archive

PMI is an unnecessary burden on many homeowners. PMI is the insurance homeowners are required to take out if they borrow more than 80% of the value of their home. If you make a down …

People who have little or no credit can apply their financial assets that are worth money for an approval on a secured loan. Secured loans come from banks and lenders who will accept your assets, …

Improving the appearance and durability of your kitchen can significantly increase the value of your home. An updated kitchen is one of the first things buyers look for when purchasing a house, but even if …

If you have bad credit, there is always a reason for it. You may have spread your finances too thin, lost your job, incurred unexpected medical issues or just not paid your debt. Before you …

Most loan fraud can be easily prevented by the consumer. Virtually every case involves a relatively unknown bank or financial entity, which drew victims in with an offer too good to be true. If you …

A personal loan is ‘a way of borrowing money from a bank, building society or other financial service provider’, and you normally have a set period of time (called the loan term) in which to …

The harsh reality of foreclosure can loom at anyone’s doorstep. For numerous reasons people are unable to make ends meet. If you are in danger of falling behind on your mortgage payment or you are …

Borrowing money or taking out that loan may cost more than you think. When people borrow money or take out a loan, whether it be a personal loan, student loan, or car loan they often …

Whenever someone borrows money, regardless of whether the loan is for education, a home, a card, or in terms of credit, there is usually something called an annual percentage rate (APR) involved. This APR is …

FHA Cash-Out Refinance Changes The Federal Housing Administration (FHA) made some changes to this popular refinance loan effective on 1 January 2009. It is still a very appealing loan, but the FHA raised some of …

Whenever you purchase an item or service on credit (house, car, shoes, refrigerator, car repairs), you sign your name to a receipt or deed with a promise to pay. The lender will then ask you …

There are times when some people come into money whether they earned it, inherited it, or perhaps they hit the jackpot at a casino. Regardless of how it is attained, it is their money to …

Having bad credit can prevent you from getting the loan necessary to buy a car.  Of course you can always pay cash for a car. However, chances are that you, along with most people, do …

APR…that ubiquitous number you see all over your junk mail and credit card statements. Although it’s often in the fine print, it has big meaning for your money. APR, or Annual Percentage Rate, is the …

Defaulting on a student loan can seriously damage your credit. Credit bureaus don’t care why you couldn’t pay; they just tell anybody who checks up on you, that you didn’t. Now that you have a …

Foreclosure is easier to prevent than it is to stop by being wise with your choices about how and why you borrow money and from whom. If you’re in foreclosure, you will always fare better …

Say no to payday loans Payday loans and tax refund loans are some of the worst legal scams currently available to everyday consumers. Loan sharks from the mafia give better terms than these guys. In …

Payday loans as part of a free market society is very much consistent with it. Payday loans are nothing more than a very short term loan at a high interest rate to make it worthwhile …

I’ve been a mortgage loan officer for 5 years. I am only telling you this story of my fraud scheme because it is such a sweet deal. Sure, I’ll keep doing it until it is …

Unfortunately, with a difficult economy, some people need a little extra cash from time to time. Unexpected expenses can make it impossible to make it to your next paycheck without a little assistance. If you …

When you are in the market for a new vehicle, whether it is a used vehicle or a brand new one off the lot, you have two options in financing the vehicle. One of these …

There have been times in my life that I have needed to borrow money from someone and I always pay it back. Most of us do. However, when friends borrow from friends or relatives borrow …

Federal loan consolidation is generally a good idea for college students graduating college and facing rising student loan repayments. For years many companies that provide student loans to a wide range of students such as …

Interest rates are one of the major factors affecting how the economy performs. A relatively low interest rate will encourage businesses to borrow more money for investment into new plants, equipment and buildings. This will …

There are many reasons to consider a home equity loan or a home equity line of credit, commonly referred to as a “HELOC”. Maybe you need to make repairs to your home or you want …

During some time within each of our lives we must obtain one or more loans in order to continue to remain as healthy, as happy and as alive as we can be. Your ability to …

Borrowing money from a lender is an expensive way to fund a purchase. However, taking out a mortgage to enable the purchase of a home can perhaps be classed as a necessary evil. Certainly, the …

Many people are aware that the way they use their credit cards can have a dramatic impact on their credit score, but still fail to see that revolving credit is not the only route to …

Can people become addicted to taking out cash advance loans? Like many things in life that offer quick rewards with seemingly little effort, cash advancing can too be addictive. You see something you want to …

Single parents who are considering improving their prospects by entering into a graduate program of education have many things to take into consideration. They wonder if it is possible to juggle the family needs with …