Loans Archive

Adjustable versus fixed rate mortgages: is one better than the other? It depends on who is asking. There are pros and cons for both types of mortgages. Professional investors would choose ARM because they know …

The personal loan application process doesn’t take much longer than the credit card application process, but the chances of a personal loan application getting rejected are much higher because the bank is taking a bigger …

The bill has arrived for this coming semester and you know you don’t have the money saved to pay it. So what can you do? Many banks and credit unions will refer you to the …

Since 2001, the demand for short term Payday loans in the United Kingdom has massively increased. According to the latest survey by ‘Customer Focus’ the variety of Payday loan users in the UK has reached …

Most people that have taken out a loan of some sort have come across a loan amortization schedule. You would know it if you saw it, usually very large and filled with a bunch of …

A consolidation loans is a loan, generally taken out by college students upon graduation, which is used to pay off various student loans that you have accumulated during your years as a college student. The …

Peer to peer lending sites are increasingly becoming a popular choice for borrowers. Zopa was the world’s first peer to peer lending site, open to U.K. residents seeking a low cost method of taking a …

Circular loans are loans made by an entity owned by the entity receiving the loan. For example, Company A owns a subsidiary company B. Company B makes a loan to company A making the loan …

Is an adjustable rate mortgage or are upside down? Force your lender to play fair. Refer them to the rules they have to do a loan modification for you. A way has already been here …

Mortgage repayment options There are a number of different ways of tackling mortgage repayments. Some may be better for you than others, but this will depend on your circumstances and the risks you wish to …

Do you need some extra cash? Do you hate dealing with the conventional finance system? Does your credit rating make you look like a waster when you’re not, or do you lack any credit rating …

Ready to buy that dream home. Mortgage Master shares five tips for home buyer in 2014. There are new mortgage laws that goes into effect January.  Have all your documents prepared before your house search. Have …

Most people that I have talked to who have tried to and(thankfully) succeeded in buying a home has said that is a nightmare to endure. I cannot say that I had that kind of problem …

The home mortgage crisis has caused a virtual tsunami of home foreclosures, as well as spread panic in the public sphere as the number of homes with mortgages that now qualify as “troubled” tops twelve …

Swimming with sharks is one way to describe military communities.  Outside most bases there are frequently similar business establishments, they are, tattoo parlors, bars, car dealerships, dance clubs and “loan sharks.”  Why?  The prey consists …

Don’t be afraid of the world of personal loans, but don’t walk around in that world blindly, either. There are scams out there, but there are also many legitimate financial institutions that can help you …

Though the prices have lowered considerably, notebooks are still expensive items. Nevertheless, they are becoming increasingly essential for many jobs and especially for those who travel a lot. In order to purchase a new notebook …

There’s no getting around the fact that cars aren’t exactly cheap, especially these days. In fact, barring a roof over your head, a car will likely be the largest expense you’ll have. In the United …

Financing your new or pre-owned vehicle through a dealership is never as great a deal as they would have you to believe. Dealerships sell the idea of convenience by offering the complete car buying experience. …

Taking out a mortgage is the largest financial commitment that most people will ever make. The length of the mortgage can be intimidating, and keeping up the payments can often be a struggle. However, there …

Peer to peer lending is an excellent way for those with spare savings to gain higher yields than traditional investments return, without exposing themselves to the stock market. Sites such as Prosper are extremely well …

Thanks to the current economic meltdown more and more people are thinking of taking up loans so that they can be able to lead comfortable lives. The biggest challenge that these people face is making …

A personal finance loan is a loan that has no collateral behind it. Unlike a secured loan such as a mortgage, in which the lender can try to make a recovery through possession of property, …

It is not quite as easy to get a mortgage these days. In years past, it almost seemed like lenders were all too happy to help you increase your debt. Now there are strict guidelines …

Over the last several years, there has been extensive speculation that the next bubble to burst within the economy will be student loans. As has been widely discussed on news outlets such as The Atlantic, …

Evidence has started to emerge that just several years after the painful credit crisis of 2007-2008, the risks are growing for first-time home buyers again. The most important evidence so far has been studied in …

Not grasped by many and studied in high ranks of economics, mortgage underwriting is the process by which the lender, usually a bank of a crediting institution, analyses if the risk rate of offering a …

The Housing and Economic Recovery Act of 2008 became law with a lot of positives for the American People. It took effect on January 1 2009, and the law provides some of the most radical …

Making Home Affordable consists of six major government programs which may assist you with refinancing your home. Some of them are designed to assist homeowners who may not qualify for traditional refinancing in the current …