Cosigning a Loan

October 28, 2010

photo credit: EliseMeder What would you do if a friend or relative asked you to cosign a loan? Before you answer, make sure you understand what cosigning involves. Under federal law, creditors are required to give you a notice that explains your obligations. The cosigner’s notice states: You are being asked to guarantee this debt. […]

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Before You Look for Health Insurance

October 28, 2010

photo credit: Roberto Verzo by Richard Keir Shopping around for medical insurance can be a confusing business. You need to keep your wits about you and keep track of the benefits and costs of each policy and each type of policy. Too often we tend to look at the price first and the rest of […]

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About Debt Consolidation

October 28, 2010

photo credit: Memory_Freak Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan. Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but […]

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Avoiding Complications in Credit Repair

October 28, 2010

photo credit: JavierPsilocybin by Jonathan Cheong Avoiding complications in credit repair is almost important as getting out of debt. When we have bills that were neglected simply because we didn’t have the money to pay the bills, or else we purchased items instead of paying the bills, we are in debt. If you are considering […]

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7 Ways To Repair Bad Credit

October 26, 2010

photo credit: Homini:) Do you have a poor credit rating? If so, you are one of tens of thousands of Americans with the same problem. In fact, it seems that this has become a national ‘disease.’ And just what do people need that have a disease? They need a cure. Here are some sure-fire solutions […]

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Applying for a Home Loan

October 26, 2010

photo credit: RambergMediaImages By Jakob Jelling Applying for a home loan may not be the most exciting way to spend your time, but if you are like many potential homeowners, it is probably a necessary evil. If you have some knowledge of the process ahead of time, however, it will go much more smoothly. Home […]

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How Much Life Insurance do I Need

October 26, 2010

photo credit: h.koppdelaney by Glenn Cooke How much life insurance should you buy? The answer to that question is as individual as your circumstances. You’ll need to evaluate the reason you’re buying life insurance in order to properly answer this question. Once you can specifically answer the question “Why am I buying life insurance” you […]

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Seven Steps to Total Debt Elimination

October 26, 2010

photo credit: Daquella manera by Rudy Hadisentosa Debt seems to have become the buzz word in today’s world. We can’t blame it on people. After all it’s human to fall for it. However, it surely isn’t good for you. If you have fallen into a debt trap, you can take comfort from the fact that […]

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Mortgage Loan Types

August 17, 2010

photo credit: nikcname There are many types of mortgage loans. The two basic types of amortized loans are the fixed rate mortgage (FRM) and adjustable rate mortgage (ARM). In a FRM, the interest rate, and hence monthly payment, remains fixed for the life (or term) of the loan. In the US, the term is usually […]

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