If you have a credit card, then it is likely that you were offered or took out payment protection on the card. Although many people take out this insurance, there are few people who can benefit from it, and often you are just wasting money by having it. However, there are people who can benefit from the insurance and should take it out. If you are unsure about whether or not you should get payment protection insurance, then here are some tips to help you decide.
What Is A Veteran’s Affair (VA) Loan?
A VA home loan is actually a guarantee rather than a loan. The VA does not actually lend the money to the borrower, but promises to make good to the lender should the borrower default on the loan. This promise from the government helps many people get loans that they might not otherwise be able to get.
When To Use Balloon Loans
If you are looking for a loan that allows you to borrow a large amount of money over a short amount of time but with low monthly payments, then you should consider getting a balloon loan. Balloon loans can be used to reduce your monthly payments whilst still borrowing the amount of money you require. If you want to know what balloon loans are and when you should use them, then this article can help you to learn more.
What Is Default And How Does It Affect My Credit Score?
In simple terms, a loan default is when you have not made your agreed upon loan payments to the lender. There can be any number of reasons why a consumer may not have made payments, but once a certain period of time has elapsed, that non-payment record will become a part of the consumer’s credit history. Once it becomes a part of the credit history (or credit record) it is available to be used during the formulation of the consumer’s credit score.
What Is Disability Insurance?
Some people may be surprised to learn that disability insurance is every bit as important as life insurance. Many times it can be even more important than life insurance. This article examines some of the issues concerning disability insurance and how it can help protect your lifestyle in the event of a serious illness or injury.
What Is Foreclosure And How Can I Avoid It?
Foreclosure takes place when home owners do not pay their payments to the lender. It really is that simple. The reason for why home owners may not be able to make the payments, however, can be anything but simple.
What Is Long-Term Care Insurance?
As people begin to live longer, long-term care insurance becomes more important. Long-term care insurance helps provide for the cost of long-term care which can be incredibly expensive. It is used to cover those issues that are generally not covered by health insurance, Medicare, or Medicaid.
What Is The Prime Rate?
Many people have heard of the prime rate but may not be exactly sure what it is or how it can affect their lives. Truth is the prime rate can be very influential to most consumers who use most types of credit or home mortgages.
What Is Universal Life Insurance?
Life insurance can be bought in many forms and universal life is one of those forms. Universal life insurance is a permanent type of insurance that is based on a cash value. With this type of insurance, the insurer pays a somewhat higher premium than he or she would with a term life policy. A portion of that higher premium is used to pay for the life insurance itself and the remainder is placed into an investment portfolio.
What Is Whole Life Insurance?
As you know there are several types of life insurance, and one of those types is called whole life. Whole life insurance is a life insurance policy that pays a lump sum on death. In some cases, it may also pay if a diagnosis of a critical illness is detected in the policyholder.
What Kind Of Credit Cards Are There And Which One Should I Get?
Recent years have seen a real increase in the type of credit cards available. So much so, that now you really have to look and see what is available, and it can actually be a little hard to choose between them. Here is a little guide to help you know what your options are and what to look for to help you get a good credit card.
What Kind Of Personal Loan Do You Need?
Just about all of our needs today, as well as our wants, require some money. This means that there must be a constant cash flow. Larger purchases mean that we will need a larger amount of cash – probably requiring a loan of some kind. When you have need of a larger sum of cash, here are some forms that a personal loan will come in.