Mortgages are an extremely complex financial package. It's difficult enough to understand how interest rates, repayment terms, and other factors will impact your monthly budget when you're shopping for a loan. When you factor in that there are multiple types of mortgages, it can be difficult to know if the mortgage you're getting is the right one for you. FHA loans are a specific type of mortgage that are perfectly suited for certain borrowers.
11 December 2015
Getting a payday loan can be the perfect solution for a financial money crunch, but repaying the loan when it is due is not always that easy. If you have a payday loan that is due soon that you cannot afford to repay, you will need to take action before its due date. There are several options you have if you cannot repay it on time, and here are some tips to help you find a way to get through this.
28 September 2015
Payday loans are short-term convenience loans that let people get money fast to pay for emergencies such as auto repairs or medical expenses. Lenders do charge a fee for the money (e.g. $15 per $100 borrowed), which can put the interest rate for these loans anywhere between 391% and 521% per year. As a borrower, you may be wondering if there is any way to negotiate a lower fee or interest rate on the loans you take out—something that can help you pay off the debt faster.
25 August 2015
Vehicle equity is not one of the first things that many people think about when they are looking to sell their car. However, the equity of your vehicle can have a big impact on the payments for your new vehicle and whether it is a better idea to buy or lease. Here is an explanation of negative vehicle equity to help you when you are looking for a new vehicle.
3 June 2015
After winning a personal-injury lawsuit, you might have the option of accepting a lump-sum settlement or a structured settlement. With a lump-sum settlement, the defendant resolves the case by giving you one large payment. A structured settlement gives you guaranteed income over the course of several years. If your accident resulted in a permanent disability, here are six things you should consider when deciding whether to accept a lump-sum payment or a structured settlement.
17 March 2015