Tuesday, May 14, 2024
In recent years there has been an increase in the popularity of short-term alternative loans, such as payday and car title loans. This is mainly due to the current economic climate, where people find themselves without permanent or regular employment, with a bad credit history or perhaps facing a financial […]
Bankruptcy can do many things for your personal finances. Chapter 13 can do even more than Chapter 7 for many individuals. However, bankruptcy is not always the best solution or a complete solution to debt problems. You should learn everything you can about bankruptcy options and alternatives to bankruptcy before […]
Oftentimes, we all need to deal with an unforeseen or huge expense such as the renovation of home, the wedding of a child or purchase of a car, etc. that cannot be funded with the regular monthly income. It is the time when applying for a personal loan can come […]
What’s Better Debt Consolidation or Debt Relief? If you have high credit card balances and any type of high-interest secured or unsecured debt, a debt consolidation agency can assist you by consolidating all accounts into one low-interest loan. You can even include your car loan in debt consolidation. On the […]
Many people identify credit card as just another tool to make your purchasing easier, but while used appropriately, it can be a lot more. When used properly, a credit card can be even an ideal tool for you to build a good credit history or revert your bad credit to […]
Have you always used a debit card to date? It might be time to switch to a credit card given its many benefits. If you were always under the impression that credit cards are only good for making purchases, think again. Credit cards have several advantages over the debit cards, […]
For many households in the U.S., debt is a part of life. In fact, the average home carries a total debt of $132,529. This number includes credit card debt, but also mortgages, car notes, student loans and other financial obligations. If you are one of the many people who have […]
Talk to the average Boomer long enough and they’ll let you know how Millenials — those slackers who make up Generation Y — pose a great threat to the economy. According to them, Millennials are lazy and self-satisfied people whose upbringing consisted of overprotective parents and participation awards. Overlooking the […]
Businesses can require finance for a range of purposes at any given time. It is important for you to know the various options of financing available for you and make a prudent choice. Do you need finance to pay for the everyday expenses of your business? Are you looking to […]
The equity in your home is an asset, so when you borrow against it, you want a good purpose for the money. Ideally, the reason for the loan is a long-term investment that will provide returns far beyond the cost of the loan. The following are three good reasons to […]
Making a budget is the lesser demanding task as compared to sticking to it. It requires self-discipline and determination, but when you manage to master this, you can be sure of financial freedom. Once you have established the relationship between your income and expenses, a budget will help you to […]
If there is one economic issue that remains perennially controversial in modern society, it is the cost of tuition and steadily the rising level of student debt. According to recent statistics, student loan debt rose by a staggering £12.6 billion last year, which represented an increase of 17% year-on-year. This […]