If you’re looking for a mortgage loan, you may think you have to go through a bank. You would be wrong! In fact, half of all home loans are through non-bank lending – also known as alternative lending. As the name implies, a non-bank lender is not a bank or credit union. It can be […]
There comes a time in most people’s lives when you find it necessary to go through the process of applying for a loan. It may be for a car, a home, or to help pay for school tuition, but the underlying process of getting a loan is what fuels the consumer economy of the United States. You might not know how to think about this new financial aspect of your budget though, so here are a few things everyone should understand about the American credit and debt industry.
Budgeting is especially beneficial in a big group, and can help ensure your family is financially sound now and in the future.
Being overwhelmed by finances is never good, but we all know the feeling. Creating a budget is a good place to start, but if you don’t know the truth about different kinds of debt it will be hard to know what you’re getting into. Before you get in debt, you should know what types there are and how to avoid them if possible.
Buying a home is probably the largest purchase you will ever make. Home ownership can be one of the most valuable investments or one of the biggest liabilities you will ever have. So it’s important that you really consider every aspect before buying, so that once it’s yours, it becomes a great asset for you and your family. Obviously you want your property to build equity over the years so when you decide to sell, there will be a profit.
Just about everyone enjoys a summer vacation. Unfortunately, planning a vacation is easier said than done. Family finances typically dictate if and when you’re able to vacation. And if you haven’t saved up enough, you might consider postponing this year’s trip. There is, however, a way to make a vacation happen. you may be considering a […]
Lending between family members, can benefit both sides. It’s a way to access needed money without the time, fees and high interest rates of official bank borrowing, plus in these times of low interest rates it can provide the family member who has the spare cash a way of earning a bit more interest. This can be a […]
Upon graduating from college or Grad School, if you are like a lot of others these days, you are probably in a lot of student loan debt. At first, it may seem fairly manageable. But, you could also wind up declaring bankruptcy a couple of years later. Here is the key so that won’t happen to you. Farewell […]