There are two groups of people in the financial world: those who believe personal loans are a good idea for paying off credit card debt and those who disagree. These are a few reasons why it is not worthwhile to pay off credit card debt with a personal loan. A…
No one wants to deal with taking out a mortgage loan and having it denied. Recently the Urban Institute calculated real denial rates to determine which mortgage loans are denied most often. Government-backed loans get denied less than conventional loans. Forbes reported that "conventional loan applications are denied…
We’re living in a gig economy where many people work on the side in addition to a full-time position. Perhaps you’re an Uber drive on the side or you host people through Airbnb on weekends. Regardless of what you do, you might get stressed out over tax season…
These days, almost everyone has a credit card. And why not? They help you build your credit score and can help you with a monetary push. But since so many people have and use credit cards every single day, that also makes them vulnerable to scams. With that…
Unfortunately, even after you die, your credit card debt and the interest that goes with it won't follow you to the grave. Once someone dies, their debt becomes the responsibility of their estate. When that happens, interest doesn't stop accumulating. And if the person who passes has a…
A mortgage broker plays the important role of intermediary in the home buying process, working to achieve the goals of both the borrower and the lender. This means you’ll want to choose one you feel comfortable with. Read on to learn more about the mortgage broker’s part in…
Nine Helpful Programs For First-Time Homebuyers Buying a home for the first time can feel like an uphill battle, especially if you aren’t educated about assistance for which you may be eligible. Luckily, there are a number of first-time homebuyer loans and programs created specifically to assist consumers…
Sure, there are lots of great reasons to get a personal loan – but what about those less-than-stellar reasons? The truth is, personal loans are not always the right financial choice. Read on to learn when to say ‘no’ to that personal loan. Image via Flickr/Federal Student Aid…
Consumer research shows that many Americans spend 24 hours or less researching auto loans before signing on the dotted line. Unfortunately, most of them end up paying more than necessary, simply because the lack information. Read on to learn how to avoid the three most common auto loan…
The prevalence of credit cards means convenience for consumers, but it also means the development of credit card scams, many of which can lead to identify theft and financial disaster. Read on to learn what fraud looks like and how you can prevent it from happening to you.…
