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...
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...
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...
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...
When Should I Refinance My Mortgage Loan?
Refinancing your mortgage can be a money-saving move, but not in every situation. Since there are costs associated with all refinances, sometimes getting a...
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...
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...
What Is a Home Equity Line of Credit (HELOC) – How...
Suppose you're a homeowner with a hideous master bathroom. You'd like to remodel, but you don't see how you can afford it. According to HomeAdvisor,...
Cosigning a Loan – Understanding the Reasons & Risks
There's no denying the benefits of having a high credit score. It allows you to be eligible for credit cards, auto loans, mortgage loans,...
16 Ways to Reduce & Avoid Overwhelming College Student Loan Debt
Student loan debt can be an albatross around the neck of recent graduates. Although the number of students with debt didn't increase by much between...
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,...
