The payday loan industry supports our troops by lending them money at 400% per year. Nearly every military facility has a payday loan store nearby.
Predatory Lending Through Loan Steering
Sometimes you can be a victim of predatory lending without even realizing it. Once such technique is called “loan steering” and you could be directed to a high priced loan that could cost you your house.
Home Equity Credit Lines Provide Quick Access To Cash In Times Of Need.
If you need to borrow money, Home Equity Credit Lines can be one of the options available to you. This Line of Credit Home Equity is a loan granted to the borrower with his home as collateral. Home Equity per say is the difference between the worth of your property and the amount you owe on your mortgage.
Of late many people are opting for Home Equity Lines of Credit because of its ease of acquisition and flexibility. If you use the equity of your home as collateral in a l…
Home Equity Theft Through Contractors Still a Problem
A classic means of taking advantage of homeowners involves contractors who agree to provide financing. Watch out for this old scam that still works.
Rent-to-Own at Three Times the Price
Rent-to-own may sound convenient, but if you check the math you will see that it is really just an expensive way to buy. If you aren’t excited by 200% interest, you may wish to find another way to buy your furniture.
Structured Settlements – Should You Sell Yours?
If you have a structured settlement, there are pros and cons to selling it for a lump sum. Here is an overview of the good and bad points.
The Hierarchy Of Lenders
Youve got great credit! We dont need any documentation. Youre already approved. Although offers like this sound enticing, their simplicity alone is evidence youre getting into a bad loan. You see, the lenders who require documentation are also willing to offer better rates. Those who require little or no documentation charge for that luxury through a higher rate. In the end, youre much better off providing documentation of your financial status and squeezing into the b…
Buying a Car and Saving Money
Buying a car can be done fairly affordably if you do your homework ahead of time. Otherwise, you could be spending unnecessary money.
Debt Management Begins with Paycheck Management
One good start towards managing your debt is to adjust your withholding taxes so that you can take more cash home every payday.
Bankruptcy and Useful Tips for Avoiding It
The new bankruptcy law makes filing for debt relief through the courts much more difficult. It’ is definitely better to avoid bankruptcy if possible. Here are some tips that might help.
Debt Consolidation Loan Possibilities Abound
If you need cash to consolidate your debt, there are some good options available to most people. Here are some to consider.
When Your Credit Score Isn’t Really Your Credit Score
Potential home buyers are often told to “check your credit score” before applying for a mortgage. That’s a great idea, but many buyers don’t realize that not all scores are the same. What they should be checking is their FICO credit score.