Editor: It is the opinion of Your Family Finances, that payday loans should be avoided at all costs. This article, however, does give some perspective and shows what is being done in the UK to make them more responsible. R3 Survey Reveals Shocking Statistics on Short Term Payday Loans Payday loans have been getting a […]
Responsible Short Term Payday Loans for Christmas Read More »
A big question that some people face has to do with the possibility of obtaining a home loan when their credit isn’t good. As it stands, yes it is possible however there are some things to take a serious look at. The first question asked will be, “How much cash do you have?” and then
What is the Best Advice for Securing a Bad Credit Home Loan? Read More »
Car financing is a rather broad topic, which deals with various economic ways to allow someone to buy a car, without having to pay the whole price at once, but to pay the sum over time, in equal monthly installments, plus the interest which is applied on the overall amount of money. It is used
Introduction to Car Financing Read More »
Your credit score is extremely important in the world in which we live. Nowadays it’s hard to buy anything without having a good credit rating. In some cases, it’s impossible to get a job if your credit score isn’t very good. Because it’s central to your life, you may be punishing yourself by unknowingly doing
How to Hurt Your Credit Score Read More »
As a young person, once you decide it’s time to move out of your parent’s house or upgrade from a college dorm room, the next step is to determine exactly where you want to live. You have two options for living situations. You can either rent, or you can buy. Unfortunately, there is no easy answer to whether
To Rent or Buy: That is the Question Read More »
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
How to Finance a Car with Bad Credit Read More »
Refinancing Your Mortgage- With so many people turning to refinance their mortgage, perhaps you’re feeling that this is the right thing for you to do, too. While low interest rates and appealing offers could mean that refinancing your mortgage saves you lots of money, don’t be too quick to abandon your original payments. Read the
4 Hidden Costs to Refinancing Your Mortgage Read More »
Payday loan providers are almost everywhere now as more and more people turn to them to get some quick cash. Payday loans typically have high interest rates and are almost always for a very short term – usually less than a month as they are an advance against the borrower’s next paycheck/payday, hence their name.
Payday Loans: Debt Trap or White Knight? Read More »
Secured vs. Unsecured Financing- When you need a large loan, you may be offered secured financing. There are many advantages to choosing a secured loan including better rates and lower credit standards. However, there are also risks associated with these loans. Here is what you should know about each option and how they can benefit
Choosing Between Secured and Unsecured Loans Read More »
Your First Mortgage- Buying your first home is an exciting moment, whether you’re buying a studio apartment for yourself or a house for your family there are fewer joys in life like using your new key to unlock the front door for the first time. People are buying their way into the home owner’s world at
3 Tips for Saving Money on Your First Mortgage Read More »
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 in
Your Guide to Home Loan Refinancing Read More »
Buying a home is a joyous and life-altering event that should not be taken lightly. That said, it is important to make sure you do not get in over your head when you buy a home because the consequences can be devastating. You certainly do not want to end up losing your home simply because
How Much House Can You Buy? Read More »
