Finding the best car repair loans and options means knowing what questions to ask first Car repairs are the #1 reason people report getting forced into debt and eventually bankruptcy. More than any other reason from overspending to gambling, emergency expenses on your car could be the most dangerous thing you face financially. That doesn't mean the occasional car repair needs to push you … [Read more...]
4 Action Steps Before You Ask Family for a Loan
Four questions that will help you prepare to ask family for a loan without being embarrassed Is there anything more awkward and embarrassing than asking family for money? I think most people would rather sit through a root canal than ask for a loan. But it shouldn’t have to be that way. It amazes me how easy it is to get a loan online but how hard we find it to ask the people that trust and … [Read more...]
What is a Good APR [and 5 Steps to Get One]
Understanding the difference between APR and interest rate will help you get a good APR for any loan Ever wonder why there is so much technical jargon in lending? You’ve got an interest rate and an annual percentage rate (APR). Your payments are calculated with a formula that only an MIT grad could understand. It’s because that’s how lenders get as much money out of you as possible. The jargon … [Read more...]
How a Portfolio Loan Can Help You Get a Mortgage on Bad Credit
A portfolio loan can be your opportunity to lower rates and other benefits for a mortgage The economy has boomed since the housing bubble burst but that hasn’t made it any easier to get a mortgage loan. The Mortgage Bankers Association reports that lenders reject one out of every two loan applications. One type of loan may hold the key to getting approved and at a lower interest … [Read more...]
Ultimate Guide to Lease to Own Homes and Scams to Avoid
Buying a lease to own home could be the solution to getting your dream home even on bad credit What happens when you find that perfect home, your dream home, but you just don’t have the money or the credit to buy it now? You can either watch it go to someone else or take advantage of a home-buying option that could help save for a down payment while you get to live in the home. The option … [Read more...]