Editors note: this article is mostly for our audience in the United States, but it has some special relevance for our Canadian audience. These days, it’s not uncommon for many of us to use a personal loan. After all, not only does it allow us to … [Read more...] about Financial Management 101 – 4 Tips to Better Manage Your Personal Loans
You frequently hear about America's crushing student loan debt , but cars are not far behind -- especially subprime auto loans. While student loans are approaching $1.5 trillion, outstanding auto loans topped the $1.2 trillion mark in the third … [Read more...] about This Lender Repos 1 In 3 Cars It Finances — How to Avoid This Cycle
We found a great car at a great price for our son's first vehicle, but it was a little out of his price range. We wanted him to have dependable transportation that would last him at least through college, so we decided to take out a loan … [Read more...] about Can You Have Two Car Loans At Once?
The rich get richer. It's a common phrase generally meant to mean that it seems wealthy people have an easier time generating more income. They catch all the breaks. Similarly, it seems like those with good credit catch all the breaks when it comes … [Read more...] about How Your Credit Score Affects Loan Interest
As part of one of my periodic expense reviews, I noticed my mortgage payment included $170 for private mortgage insurance (PMI). I remember when we refinanced our home the mortgage agent telling me that eventually that would be removed from our … [Read more...] about What is Private Mortgage Insurance?
I get junk mail almost every day from various financial institutions offering me consolidation loans for my credit card debt, but for some reason this one caught my eye. It was from a peer to peer lending company that I had read other bloggers using … [Read more...] about What is Peer To Peer (P2P) Lending?
