Loans Archive

Collateral is that magic word that often means, “you get the loan.” If the bank perceives that you have assets worth the amount of your loan, they will almost always grant the loan unless they …

In most cases, asking someone to co-sign on a loan is a bigger deal than asking them to marry you. When a person co-signs, a portion of your credit history becomes theirs. If you fail …

In many countries in the world education from primary to college is free. An example: In Mexico one can obtain an education for free all the way through university; you do not even have to …

Peer-to-peer lending is where you borrow or lend money to another individual instead of dealing through a bank. With normal banking, savers deposit money (i.e. they are lending it to the bank), and the banks …

At first, it can be quite difficult to find a right mortgage broker, especially when you’re in the process of acquiring a new house. Keep in mind that one of the benefits of finding the …

Life is full of things that are not fair. It is not fair for one person to have a shack for a house while another person has a mansion. It’s not fair that one person …

So there you are, a patriotic citizen of the Great Republic, dutifully guarding your horde. You didn’t save cash, because we needed to keep spending to make the recession go away. After 9/11 Bush came …

When money is tight it can be hard to pay back a loan even if you have the best of intentions because there barely seems to be enough cash flow to cover the basic necessities. …

Payday loans can seem quite attractive to credit poor, cash strapped consumers. The loans give them the opportunity to take care of minor emergencies when they simply don’t have the money to do it themselves. …

APR, or the Annual Percentage Rate, on a student loan is one of the most important factors that should be considered before a loan is taken out.  More important however is to recognise the subtle …

For most of us, a car represents a level of freedom from public transportation’s limited schedule and limited service areas.  A car is also, often, the first major purchase that we make as adults.  Because …

If someone said that you could potentially save hundreds of dollars by spending a few hours, would you do it?  Of course!  Getting your credit card interest rates reduced during your deployment takes time, however, in today’s …

When you want to finance the acquisition of a motor vehicle the question that always rises is whether it is better to finance a motor vehicle purchase by using a specially tailored loan, another kind …

Many issues are in dispute in macroeconomics, but one of the things that everyone agrees upon is this: All else being equal, if more money is in circulation, prices will rise. In other words, if …

A 401(k) is a great savings vehicle to save for retirement. Most 401(k) plans allow participants to borrow from their account. Although it is allowed, it is not usually recommended unless you absolutely need to. …

A mortgage default is when a property owner fails to pay for the mortgage fee that has to be paid for monthly. This defaulting may be caused by various reasons that are beyond the person. …

How lowering re-financed mortgage interest rates on foreclosed home owners will save the economy. The auto makers are now offering zero % financing, while the Federal Reserve reduced their interest rate to banks to one …

“Helpful tips when searching for cash advance loans” We all can find ourselves in a bit of a financial bind now and then, but when the money runs short it is nice to know that …

For most students in today’s world student loans are a standard part of the college experience. Anyone telling you otherwise is either one of the few on a full athletic/academic scholarship or with parents paying …

I am reluctant to write about this incident, because it is a bit embarrassing since I should have known better. It needs to be told and I want to share it with others who might …

If you are like many Americans today, you might one day have to face a mortgage foreclosure. March 2008 sailed in with a evidence of 900,000 houses going through foreclosure. These staggering numbers could panic …

To put a bit of qualifier on the response, the Federal Reserve is “attempting” to “recreate” an inflationary bubble. While they will not admit as much they are determined to re inflate asset values to …

If you’re looking to consolidate debt, plan a vacation, buy a car or just help manage your finances through rougher times, a personal loan can offer you flexibility and options to make those purchases that …

It is no secret that the cost of a college education continues to increase. Additionally, because of the rising number of college graduates, it is now near impossible to get a decent job with having …

In the simplest terms the APR exists because you borrow money. It is calculated with the fees (referred to as Finance Charges) incurred that would otherwise not be there if you were paying cash. You …

A 401(k) is a retirement benefit account implemented under the sub-section 401(k) of the Internal Revenue Code of the United States. The employers establish the 401(k) on behalf of their eligible employees who may contribute …

WHAT IS A GOD FAITH ESTIMATE Definition of a Good faith Estimate(GFE) A Good Faith Estimate is a document outlining the settlement services charges that you may likely incur in the closing process of buying …

A payday loan is a short term loan made to you until your next payday. Acquiring a payday loan is rather simple to do, with the only requirements being an active checking or savings account …

Is it not fair that people who don’t work contribute to those who don’t? or Is it fair that American’s who can afford health care contribute their tax dollars to support those who don’t have …

Payment Protection Insurance (PPI) is an insurance cover given at the time of obtaining a loan or else when purchasing a credit card to protect the consumer from being unable to pay the installments due …