All Posts Tagged With: "loans"
5 Pieces of Information You’ll Want from Your Lender
Whether you are committing to a large home loan or a smaller personal loan, there are things you should do in both scenarios. Any loan comes with terms and conditions and you should have a clear understanding of the details in the fine print well before you sign your name on the dotted line. If [...]
Unsecured and Secured Loans: How They’re Different
Many people that are attempting to manage their financial future effectively will eventually turn to a loan to obtain additional money for their financial needs. A loan can be used for many different things, such as purchasing expensive items, making costly additions or repairs to the home, or buying personal vehicles to transport the person [...]
JPMorgan Chase (NYSE: JPM) Offering Hiring Incentive to Small Business
JPMorgan Chase (NYSE: JPM) announced on Tuesday they will offer their small business customers a half of a percentage lower interest rate on lines of credit for every new person they hire up to three hires. The move is set to help create a stronger economy and more jobs. JPMorgan’s head of business banking spoke [...]
Are Free Credit Scores Coming Our Way?
Credit is getting stricter all the time and more and more consumers are being denied lines of credit because of poor credit histories. Some are even finding it harder to get a job after a potential employer runs a credit check. On Monday, the Senate passed an amendment that may aid consumers who wish to [...]
Citibank (NYSE: C) Invests in Mission Lending Circles in California
Citibank (NYSE: C) has an interest in developing mission lending circles. Mission lending circles are a group of family members, friends and other people from your community who pay an equal amount of money into a bank-insured pool, for the privilege of having a turn to borrow from that money. These loans are traditionally interest [...]
Bank of America (NYSE: BAC) On the Fast-Track for Growth
Bank of America (NYSE: BAC) is focusing on its better business strategies moving forward after getting back on track after big mistakes in the recent path. The CEO of Bank of America, Brian Moynihan, has announced a plan outlined for pursuing new business in growing markets. The company hopes to solidify better relationships with its [...]
College-Bound Kids Better Start Securing Financial Aid
Many seniors in high school are just starting to hear about their admissions to college and universities around the country. It’s an exciting time for many families but also a time of significant worry when it comes to financing that higher education. For those who have not been guaranteed a full scholarship to their choice [...]
Social Networking Can Damage You Outside Your Social Circle
Think your daily rants about your egocentric boss are funny? Well your next employer may not think so. The social networking phenomenon may seem like all fun and games until it ends up costing you your current job, your future job, or even your next line of credit. How can it work against you? Here [...]
Consumers Beware – This is The Holiday Scam Season
This time of year with the pressure to indulge family and friends with extravagant gifts some people go out of their way to make it happen. Getting loans to buy presents is one way to do it. But be aware that the skimmers, scammers and scoundrels are out in full force. Loan Scam One young [...]
Revisiting Loans from Friends or Relatives with Peer-to-Peer Lending
You know the conventional wisdom about borrowing money from family members or friends? Never, ever get involved on either side. Even if you pay off the loan and everything is “ok” between you, there is still a possibility that things could go wrong. Then, you would be in a difficult position with this person and [...]
One Type of Loan to Avoid at All Costs
Most of us are well versed in the payday loan scene and avoid using these types of predatory loans. But, some may not be, or feel like they have no other choice due to their financial circumstances. If you have ever taken out a payday loan, you know how expensive that it is and that [...]
Mortgage Banker or Bank for Your Home Loan?
Many people do not pay attention to this distinction, but it is worth talking about. When you take steps in obtaining a mortgage on a house, you have basically two sources from which you can choose to consummate the process. First is a traditional bank or other similar financial institution. The next is through a [...]
Tips for Getting a Mortgage in 2009
As the nation ended the year with endless news about foreclosures and mortgage crisis galore, the new year is the perfect time to take stock of your financial situation and prepare for buying that house you want. It won’t happen overnight, but the new year will bring some changes to the real estate industry and [...]
Don’t Get Suckered into Fraudulent Loans
Sadly, on top of all of the other negative things that are going on across the nation and the world, such as an unstable economy, consumers also have to contend with acts of fraud and unsavory business types that can destroy lives. One such notable problem that has been in the news lately is the [...]
How to Thoroughly Check Lenders on the Web
If you have been considering a loan and have been bombarded with online advertisements that make it seem “just that easy” to get a loan, you may want to think twice and be sure you do your research. There are several ways to assess the reliability of an online loan provider. What you may think [...]
Personal Loans: Should You Borrow Money from People You Know?
There is no bigger potential for a family rift than borrowing money from a relative or even a friend. If you find you are in a financial crisis and decide to ask for help from a loved one, there are ways to make it legitimate and hopefully pain free. You can not jut take it [...]
I agree. If a local business is the one offering the sale price I will buy it from them. ...
We are retired and live on a grocery budget of $200 a month for 2 people in the Midwest. That ...