How to Get Out of an Upside Down Car Loan With...
In the housing industry, it's called "negative equity." In the automotive industry it's called being "upside down." In both cases, it means the same...
10 Reasons Why You Should NOT Lend Money to Friends &...
"Neither a borrower nor a lender be." These famous words came from Polonius, Shakespeare's chief counselor to King Claudius in Hamlet. As Polonius gives some fatherly advice...
What Is a Home Construction Loan – Process & How to...
Building your own house can be a wonderful and fun experience - but it can also be a long and expensive process. However, most...
6 Tips to Get Approved for a Home Mortgage Loan
Some people don't know the first thing about getting a mortgage loan. They hear reports of dropping interest rates and lower home prices and...
Cosigning a Loan – Understanding the Reasons & Risks
Cosigning on a loan is a common way people try to help a friend or family member with poor or no credit. But before casually agreeing to cosign a loan, consider the risks. Cosigning a loan is no small favor, and you may be surprised when you learn what’s at stake for you.
9 Tips for Lending Money to Family & Friends
Lending money to loved ones is often a bad idea because it puts your relationship in jeopardy. But when someone you love is in a...
How to Get a Seller to Pay Closing Costs When Buying...
Buying a house isn't cheap, and cash flow and income problems can result in a missed opportunity to buy your own place. Plus, getting...
How Payday Loans Work – Biggest Dangers & 14 Better Alternatives
According to a survey by Bankrate, roughly 25% of Americans live paycheck to paycheck. The money they make just barely covers their day-to-day expenses,...
What Is a Personal Loan – Pros & Cons of Getting...
The Lopez family was excited about finally getting to remodel their kitchen, something they'd been wanting to do for over a year. However, their excitement...
16 Ways to Reduce & Avoid Overwhelming College Student Loan Debt
When it comes to avoiding immense amounts of student loan debt, an ounce of prevention is worth a pound of cure. Here are some things you can do before you start college, during your college years, and after graduation to keep your debt burden as low as possible.
How to Spot & Avoid Predatory Lending (& What to Do...
When the Robinsons decided to refinance their mortgage, a local bank offered them a tempting deal with low payments they could easily afford. However,...
How to Pay Off Your Car Loan Early
Like most everyone, I hate debt, and the thought of paying off a car loan for a number of years has always left a bad...
