Getting the call that a loved one has been arrested is never the type of news you wanted to be awakened for. However, the reality is that you’re now in this situation, so the question is – what do you do next? If your loved one has asked you to co-sign for their bail, it’s great to be eager to help, but make sure you’re also taking a moment to step back and think about what you’re signing up for.…
Read More »If you’re just starting out in the construction business, and you’re ready to go after your first commercial construction loan, don’t go in unprepared. Trying to obtain commercial construction loans without the proper preparation could leave you looking a firm denial. That’s the last thing you want when you’re trying to get your business up and running. Luckily, with proper planning, you can walk out of the bank with an approval for the funds you need.…
Read More »Are you interesting in purchasing some fine cabinets, armoires, wardrobes, or other furniture made out of wood? Old carving and setting techniques have a sort of charm and class about them, but you need to know how to confirm a good buy. Before snagging every set of antiques for sale at auctions and flea markets across the country, here are a few inspection points to make your purchase more informed.…
Read More »The key to making the most out of your money will rest in making the right investments. Doing this can help your cash grow faster and may allow you to increase your balance with ease. In fact, you may be able to send your kids to college, retire early or buy a second home with all the extra money you make. However, a great deal of your success will largely rest with finding the ideal certified financial planner to assist you.…
Read More »If you’re ready to become a homeowner, the seemingly endless number of mortgage options may feel daunting. The conventional 30-year fixed mortgage remains a popular choice due to the low interest rate and stable payment. However, if you want to minimize your mortgage payments as much as possible, check out these alternative mortgage products. 1. Hybrid Adjustable-Rate Mortgage A hybrid adjustable-rate mortgage starts with a fixed interest rate. The length of this introductory period varies based on the terms of the mortgage; typically, it lasts anywhere from one to five years.…
Read More »Mortgages that are “underwater” or “upside-down” are mortgages that started out as high-interest mortgages. These mortgages had interest rates that were so high, borrowers were only paying thousands of dollars in interest every month. Many of these borrowers/homeowners are still stuck in this position. If you are such a borrower and your mortgage is “underwater,” there are lots of programs that can help get you out of all of that high interest:…
Read More »Are you, like many Americans, looking for a way to radically simplify your financial life? Doing so can not only reduce stress and free up cash now, it can finally set you on a path to freedom and a more secure future. But, how can you begin? Here are 6 ways to tighten up your finances and make them simpler all around. Consolidate Accounts​. Gather all your various accounts – including bank accounts, credit unions, credit cards, retirement accounts, Health Savings Accounts, and insurance bills – and then work to reduce the sheer number of different accounts and/or institutions.…
Read More »Keeping your financial information secure is probably very important to you. If this is the case, you might be a bit nervous about using your bank’s online mobile banking app on your smartphone or other internet-ready device. However, you should not let this get in the way of you handling your money in a more convenient way. Instead, follow these tips to help keep your information safe. 1. Choose a Secure Password…
Read More »If you are looking to purchase a home, but your credit history is not as great as it could be, it can cause you to think it will be impossible to get a mortgage to make that purchase. You shouldn’t assume that your credit can prevent you from being a homeowner, since it is still possible to receive the financing you need. Here are some tips that will help you get it.…
Read More »More than 12 million Americans take out payday loans each year. These short-term loans are easy to obtain and are designed to carry consumers over between paychecks (hence the name.) Although, payday loans carry a higher interest rate than most traditional bank loans, since they are only designed to be taken out for a matter of days or weeks, this higher interest doesn’t add up to a large amount. Used responsibly, payday loans can help give you the funds you need for things like a health emergency or an unexpected car or house repair.…
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