Family Lending: What are your Options?

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 […]

Dealing with Student Loan Debt and Bankruptcy

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 […]

Using Personal Loans to Save Money

You’ve probably heard the old saying, “Neither a borrower nor a lender be.” While it would be great if we were all so financially stable that we never had to worry about borrowing or lending money, that just isn’t a reality for most people today. But if you do find yourself in a tough spot […]

How to Finance a Car with Bad Credit

If you’re in the market for a different set of wheels, you’ll most likely have to take out a loan. Unless the vehicle you’re looking at is only a couple hundred dollars, you probably don’t have the cash on hand to simply rush out and buy it. That means taking out a loan, and if […]

5 Excellent Strategies for Paying Off Debt

Are you in debt? Even if you’re not now, chances are you will be at one time or another at some point in your life. If not properly handled, going into debt can become financially burdensome and extremely stressful. The good news is that there are many strategies that you can employ to help in paying […]

Your Guide to Home Loan Refinancing

Home Loan Refinancing- There are several reasons why you may  consider refinancing your home loan. Interest Rates May have Fallen Your credit score may have improved You may want to change to a different kind of mortgage   Benefits of Refinancing your mortgage. Securing Lower Interest Rates The #1 reason most people decide to refinance is to lock […]

Short Term Loan vs. Long Term Loan – Which One to Choose?

Short-Term vs. Long-Term Loan A loan is a principle amount that is received by the borrower from the lender as a debt for a certain period of time for the repayment of the principle with an assigned interest. Loans can be provided by financial institutions, banks, or peer-to-peer etc. Loans differ by their features such as the […]

What is Peer-to-Peer Lending?

Peer-to-Peer lending This form of lending is the oldest form of lending. Originally it was borrowing from family members or members of your local community but times changed and professional money lenders developed. Over time, these money-lenders became banks. But today with the global communications network things have come full circle. Peer-to-Peer lending is a […]