Loans Archive

When I was in high school, I listened to the same doctrine spoken by academic “counselors”. “You must have a college degree in order to succeed in America.” This statement was ingrained into my psyche.  …

To lease or to buy, what a question! The main differences between the two finance options (leasing or financing via a loan) is that a traditional car loan will eventually be paid off, much like …

Interest is a fee charged for the use of funds. It is the “rent” charged for the use of money. Interest is the mechanism that makes the lending and borrowing of money between two parties …

When the subprime mortgage crisis struck, everyone was looking for someone else to blame. It is very simple to blame members of Congress, banks, and even borrowers with less than perfect credit. The fact of …

My wife and I are having a running battle about this topic. That means that she’s ready for battle and I’m running. Is it better to own a house or is it better to rent …

Success stories are plenty about how micro credit is helping alleviate poverty in developing countries. It is a proved fact that small and medium sized enterprises are the engines that drive growth and development in …

So many people accept a car payment as a part of life when it does not have to be.  You do not have to pay of your car for the next five years if you …

Many factors can influence the rates you can negotiate on a loan. One of the most heavily weighted factors is whether you have any equity or other personal property which can secure your loan. Once …

When making that personal loan, being familiar with the terminology of the banker can help you understand what you are getting into. You don’t need to be a loan officer to get a basic knowledge …

A loan is an agreement in which one person lends money to another. The person receiving the loan is called the borrower and the person lending is called the lender. The lender expects to be …

Mortgage brokers are probably not any more unscrupulous than any other type of business. Those who meet the terms of their payment schedules will probably speak of them in glowing terms. Those who encounter difficulties …

Home repossessions are still at high levels in the UK. Those who fall into arrears on their mortgage by missing a payment need to be in contact with the lender and try to sort out …

Personal Home Loan – What Is the Procedure to Get Back a Personal Loan? You may opt for a personal loan because of one or two difficulties. It is however common for any holder of …

Are you tired of the subprime mess? Interesting question, and you may be wondering if the subprime housing mess may be affecting you. It you don’t understand what this means, well let me give you …

Loan amortization; it sounds like a big phrase legal types like to use to scare the little guy but it is really quite simple. Amortization is simply the act of paying off a debt, a …

Loans come in different shapes and forms and are subject to different requirements. They can range from long term secured loans such as mortgages, to short period cash advances between pay checks. They vary between …

If you need to find a co-signer for a loan, and you don’t have a family member willing to step in and help, you may feel that you’re out of luck, and that you won’t …

It would be effortless to assume, also, that the lists with the diverse loans describes all of the diverse utilizes they may be utilized for. That’s not the case whatsoever even so, which is one …

As a single parent contemplating a return to education and a college degree, some of the costs associated with it can appear massive. Single parents often fall within the low income family bracket, working full …

Personal loans to borrowers with the ability to provide access to funds for these areas in their lives who need assistance or if additional funding would work for their benefit. A secured personal loan is …

When taking a look at how loans are processed, we have to consider three principal factors in the equation. These logical steps are how banks and other finance companies will determine an applicant’s ability to …

Emergencies happen. When the car breaks down, the kids have to go to the doctor, or the water heater breaks- and you don’t have the money in your emergency fund where can you go to …

Thousands of Americans will consider becoming a first time home buyer during 2009 and, one of the options they may consider is an FHA loan. FHA the Federal Housing Administration, was established in 1934 with …

When faced with the task of acquiring a new or new to you vehicle you have the option of purchasing or leasing. There are a lot of aspects to consider before deciding which is right …

When you are considered an excellent risk as a co-signer for someone else’s loan, then it shows that you have been personally responsible with your own financial dealings. You will have a high credit score …

Pay day loans are amazingly easy to obtain as the lenders don’t look to your credit history to determine if you are a good risk or not, but rather they look to your current ability …

As lenders begin to tighten their hold on their purse strings and restrict lending to fewer and fewer borrowers, it is becoming more difficult for homeowners to obtain loans to refinance their homes. Homeowners with …

Unsecured loans are those funds which are borrowed without requiring any collateral or security to back up the loan if the applicant were unable to pay. There are various benefits and drawbacks associated with unsecured …

In today’s society, cash flow and various forms of lending are essential to our personal and professional success. The average person will need to obtain at least one type of loan throughout their lifetime, whether …

Let me outline a situation that happens all too often in the loan process; the customer has been pre-approved, the titlework is done, the appraisal has come in above the purchase price, everyone is just …