Best Credit Cards, Loans & Consumer Advice

If you decide to finance your car, be aware that the financing obtained by the dealer, even if the dealer contacts lenders on your behalf, may not be the best deal you can get. Contact lenders directly. Compare the financing they offer you with the financing the dealer offers you. Because offers vary, shop around for the best deal, comparing the annual percentage rate (APR) and the length of the loan. When negotiating to finance a car, be wary of focusing only on the monthly payment. The ...
Read the rest of this entry »

Every year, thousands of business owners and financial managers are faced with the task of obtaining attractive financing for equipment their firms want to acquire. Snaring the best leasing arrangement requires only a bit of planning and a smidgeon of finesse. You can save time, land a better lease deal and make the leasing experience less of a conundrum by considering several important factors. Plan Ahead Before seeking lease proposals, invest a little time in planning and preparing. ...
Read the rest of this entry »

Personal loans can be divided into two categories: secured personal loans and unsecured personal loans. Homeowners can apply for a Secured personal loan (using their property as security), whereas tenants only have the option of an unsecured personal loan. Below is a more detailed outline of both types of loans: Secured Personal Loan: A Secured personal loan is simply a loan that is secured against property. Secured personal loans are suitable for when you are trying to raise a large amount; ...
Read the rest of this entry »

97% Of American Homeowners Overpay Their Lender In Mortgage Interest Every Month. If you own a home, have just re-financed or are shopping for a mortgage, you'll be outraged. Housing: Americans across the country were shocked to hear of a new poll that states 97% of homeowners here in America are overpaying millions of dollars each month in mortgage interest. The National poll was conducted last month to determine how many homeowners take advantage of the prepayment loophole in our mortgage ...
Read the rest of this entry »

To survive times of financial crisis, it is crucial to keep in mind the two most important imperatives. First, don't panic; second, set your priorities. A calm thoughtful approach to your family's evaluating necessities becomes your priority in today's tough economic times. Look at your monthly income (or average monthly income) and subtract from it you fixed costs of living. Fixed costs are housing, utilities, food, auto (or other mode of transportation), clothing (necessities), insurance, ...
Read the rest of this entry »

Once you've made your decision to buy a boat the first thing that usually crosses your mind is, "How am I going to pay for it." The majority of purchases involve some level of boat financing, whether it's a credit line through the home, an unsecured loan, or a conventional boat loan. Choosing the right financing source can be as important as choosing the right boat. There are several factors to take into consideration when choosing a boat finance source. The first might be to determine how long ...
Read the rest of this entry »

Many people contact us when they are 30, 60 and 90 days in their mortgage payments. If they are this late with their house payment they are generally behind with the car and have several credits cards that are maxed out. A simple debt consolidation loan would take of all these troubles. By using the equity in your home all the debts would be paid off and you are left with a clean slate and generally spending less money every month. One benefit to a debt consolidation loan that often ...
Read the rest of this entry »

Credits cards are a convenience, not a crutch. Credit cards are a great way to make purchases and record to the penny your spending. They also provide a way to postpone payment on items and thereby earn more interest on your money. For example, if you have a money market account that gives you 5% annual interest and you spend $1000 a month through your credit card, you can keep that $1000 in your money market account for an additional month. At the end of a year you would have earned an ...
Read the rest of this entry »

The purpose behind Chapter 13 Bankruptcy filing is rehabilitation of the debtor. Meaning you are given the opportunity to repay some or all of your debts.but under generally better terms (lower or no interest). Rather than having to liquidate assets to pay off debts, this process is designed to allow the debtor to use future income to pay off creditors. Chapter 13 Bankruptcy is basically an adjustment or reduction of debts for a debtor with regular income. The United States Bankruptcy Code ...
Read the rest of this entry »

Buying a home for the first time, or any time, can be an exciting adventure, as well as a scary one. On the other hand, there's also the pleasure of participating in the American dream of owning your own home. No more having to be quiet because other tenants might complain. No more having to fight for a parking spot nearby. No more dealing with landlords. The advantages of home ownership are both personal and financial. On the personal side, there's the very real pleasure of being master of ...
Read the rest of this entry »