Loans Archive

Managing Student Loans

The majority of students that plan to pursue a college education need to supplement the high costs of achieving a degree with borrowing. Whilst the first thing to aim for is to obtain a scholarship …

Basics of Ppi Payment Protection Insurance

The first thing to understand about PPI is that it is not insurance. Its exactly what it says it is “Payment Protection.”  PPI is a great product and is offered by most all financial institutions. PPI …

Managing Student Loans

You did it, you finished school. You have the education to get out there and start a great life, but there is one thing holding you back – your enormous student debt. With rising tuition …

What is a Loan

A loan is when you extend credit to someone. Someone has just borrowed something from you with a promise to repay at a future date. If I borrow a quarter from someone that is a …

Advantages of getting a same Payday Loan

In an ideal world no one would have to consider applying for a short term payday loan. But this way of borrowing money ensures that a possible financial disaster can be averted. Nowadays many wage …

Advantages of Preapproved Auto Loans

The pre-approved auto loan really can be your best friend when you go into the dealership. When you have the confidence that you have the money you need to shop, and you have that part …

Keep from Defaulting on a Mortgage

If you believe you are in danger of defaulting on your home mortgage the first thing you should do is call your mortgage lender or bank. This is an extremely important first step if you …

Financial Literacy Tests for Borrowers

It is a fair assessment that a high majority of those people who fall into debt with loans and credit cards simply do not understand the nature of the product they are dealing with. Reading …

How to Pay off a Mortgage Early

Your home purchase may be the largest purchase you make in your life. Some people are able to save up money to purchase a home without taking out a mortgage. However, most people need to …

Co Signing a Loan

The recent freeze in the credit markets has made it impossible for many people to get credit extended to them. In an attempt to keep customers, many banks and other lending institutions are requiring these …

Car Loan after Bankruptcy

In this day and age with unemployment at nearly an all time high credit scores hitting the gutter and debt off the charts it’s no surprise that many more people have filled for bankruptcy lately …

What is a Floating Charge

Corporations need to secure loans in order to do things like manage inventory, manage payroll, and expand business capabilities. Most loans require a security of sorts to ensure that the loan will be paid back, …

Single Parent Student Loans Missouri

The high cost of a college education is well known to everyone these days, but the costs are particularly worrying for a single parent contemplating college. Along with the natural time constraints of being the …

Adjustable Versus Fixed Rate Mortgages

Here is a comparison of adjustable rate versus fixed rate mortgages. First let’s look at the adjustable rate mortgage, (ARM). With the ARM loan you can receive a lower rate initially and here are some …

Borrowing Money from Friends

Borrowing money will always cost more than you anticipate, even if it’s just from a friend. Scratch that. Especially if it’s from a friend. I refuse to borrow money from a friend. But borrowing money …

Costs associated with Mortgage Financing

One of the biggest mistakes which new home buyers make is buying more house than they can afford. Many borrow up to the limit which is available without giving consideration to the other associated costs …

Managing Student Loans

Single parents are often stuck in a poverty trap and education is the best way out, as a degree can significantly improve career opportunities. For single parents  the art of juggling become a necessity if …

Managing Student Loans

The U.S. Department of Health and Human Services is cognizant of the ever increasing critical shortage of nurses, which is further compounded by the cost student loan debt that those who qualify as RN’s face …

Pitfalls of Discretionary Arm Mortgages

The discretionary adjustable rate mortgage (ARM) is a type of mortgage loan that lender can change the interest rate of the loan; as long as, the borrower is notified in advance of the change. The …