Are you consistently charged late fees on all your bills? Is it hard to decide which bills to pay each month? Do you spend more than 20% of your net monthly income to pay for your credit cards? Have you ever borrowed money to make payments on existing loans? Are your credit cards maxed out most of the time? Do you have so many credit cards that you can only pay the monthly minimum? Have you ever put off something important, like going to the doctor, because you didn’t have en…
Watch Your Credit Card Usage And Save Your Money
Large credit card debt results in heavy and continual losses until the debt is paid off, primarily because the interest rates on credit card debt are much higher than normal loans. An individual ends up losing considerably more money paying interest costs than they have actually been spent using the credit card, not to mention the repercussions on credit rating when one fails to make timely payments. These seeming debt traps can actually be used to your advantage if you use a…
What Are Bank Loans?
The idea of a bank that loans out money to the public totally changed the premise of ancient banks that stated that a bank was only a place to deposit money for safeguarding.
What Are Mortgage Points?
Many people have heard of the word points or have heard of the term, paying points, as it applies to buying a home. Some consumers, however, are not sure what that word or term means, and this is unfortunate because the subject is important. This article examines the basics behind the point system in home buyer.
What Are Payday And Cash Advance Loans?
Payday loans, or cash advance loans, are short-term loans that use a personal check to be held for future deposit in exchange for immediate cash. Borrowers write the check for the amount to be borrowed plus the finance charge. Lenders will hold the check until your next payday, when the loan amount and fee must be paid in a lump sum.
What Benefits Does A Travel Credit Card Offer?
If business or pleasure frequently take you to other destinations, then you will certainly want to take advantage of a travel credit card. These credit cards offer a number of options which can give you a great deal of savings over time, including free flights, merchandise, hotels rooms and much more. Here are some of the benefits of a travel credit card, and what you need to know to be able to select the right one for your needs.
What Is An Adjustable Rate Mortgage?
An adjustable rate mortgage (also known as ARM) differs from a fixed rate mortgage in two very important ways, and we will explore those in this article.
What Is An Fha Mortgage Loan?
The Federal Housing Administration (FHA) is operated by the Department of Housing and Urban Development (HUD). The FHA has the responsibility of administering the government insured home loan programs. Like a VA loan, the FHA does not actually lend the money for the home to the borrower but instead insures the loan so that more lenders will be willing to take on the risks of granting the loan to a first time home buyer.
What Is An Interest-Only Mortgage? Is It Right For Me?
Consumers are generally categorized into three classes:
Use Credit Cards Wisely During The Holiday Season
When November rolls around every year, stores begin advertising like crazy, and people start getting in the mood to shop. Just about everyone has a list of people for whom gifts must be purchased, and the only way to accomplish this is obviously to spend money. Unfortunately, many people see the holiday season as a good excuse to put all purchases and expenses on a credit card because they dont have enough cash on hand to pay for everything all at once.
Use Gasoline Credit Cards With Caution
Gasoline prices are top of mind for everyone right now. With prices actually passing the $4.00 per Gallon mark in certain areas of the United States, it is no surprise consumers are looking for ways to save at the pump. One method that many people are looking into now is gasoline rebate cards. These credit cards function just as any other card does but they can save money on gas purchases. This can be a welcome savings, but if these cards are not managed properly their va…
Use Your Credit Card Sensibly
A credit card is a wise option if you wish to make frequent purchases and keep a track of your expenses. The facilities could even be used to postpone payments on certain articles, thereby earning more interest on your money. It enables you to shop without carrying large amounts of money, thus eliminating the risk of theft. However, the credit limit on the card should be used sensibly, to avoid a bad credit rating.