The all important credit score! It determines the amount of loan you can get, it determines the interest rate at which you are charged for a loan, etc. Your credit score plays an important figure in your financial life. So what goes into making that all important score of yours? How does it increase, how does it decrease and what are the factors that go into its calculation? Continue reading »
Mar 272005
Mar 252005
If you have less than perfect credit and are looking to get approved for a mortgage loan, be careful not to make some common, costly mistakes. When dealing with sub-prime mortgage lenders or bad credit mortgage lenders, many people are taken advantage of because of their eagerness to get approved. Choosing and settling on a mortgage lender or mortgage broker is a very important decision. Make sure you don’t make mistakes that you will regret later. Continue reading »
Mar 242005
There are many situations in life that will require you to take out loans. Finding the right money lenders will allow you to get the loans that are best suited to your particular need. Continue reading »
Mar 232005
If you’re like most people, you’ve heard a lot about online banking but probably haven’t tried it yourself. You still pay your bills by mail and deposit checks at your bank branch, much the way your parents did. Continue reading »
You were on your regular walk with your wife, and you passed by this house. Then the idea struck – you want this home. A chat with the property dealer and the price was fixed. But there was a problem – a major problem to be exact. Continue reading »
Help is available to borrowers who have claims against Predatory Lenders. Lenders all over the country are violating the Truth in Lending Act and other State laws regulating mortgage lenders and mortgage brokers. Continue reading »
Mar 032005
There can be more to a bank business loan than making interest and principal payments. Your firm may get a great rate on its new credit line or term loan but you may cry on the way home when you discover the hidden fees and charges. Continue reading »
Mar 022005
Cash advance loans are a quick and hassle free way of obtaining some much needed cash. The loan is generally meant to be repaid in the short term. Continue reading »
Many banks actively encourage their clients with low balances to overdraw their accounts. That means, if the customer writes a check or uses her debit card and has insufficient funds in the account, the bank clears the check by granting a temporary overdraft (a short-term loan), up to a specific limit. The customer is saved from the problems of bounced checks or interrupted shopping sprees. Continue reading »
Payday loans have many names — cash advances, signature loans and paycheck loans, etc. Payday lenders provide quick and easy short-term cash to those who need money immediately. That’s the big reason why they’re so popular. Continue reading »
Are you thinking of going in for a payday loan to meet an unexpected expense? If yes, look into these seven things before you finalize one. This checklist can help you make smarter choices. You might even end up saving some serious cash! Continue reading »
When you set out to borrow, you often come across terms like unsecured loans, revolving loans, adjustable rate loans, etc. While these terms are more or less self-explanatory, it is still useful to be clear on their exact meanings and what they imply before you finalize a loan contract. Continue reading »
Feb 032005
Imagine a catastrophic event triggering the government to change the rules covering your checking account. Actually, you don’t have to imagine it because it happened in New York on 9-11. Continue reading »
Jan 312005
Did you know that banks can “create” money? The vast majority of people have only the vaguest idea of how banks and financial institutions in general, operate. They just go about their lives never understanding what happens every time they deposit money into their bank. Continue reading »
You need some more money for college expenses this semester. Do you whip out a credit card to pay for your books, or do you apply for a federal or private loan? Well, consider the options: Continue reading »
