Do you ever worry about what might happen if you can’t repay a loan? Loan Payment Protection is basically like insurance on your debts. You can sign up for them from various financial companies. It’s an additional service that will cover you should you be unable to make your loan payment due to not being [...]
Loans & Credit Blog
Category Archives: Loans
Should You Borrow Cash from Family? The Pros and Cons
November 23, 2009
Need cash for your kid’s braces, car repairs or a new business you’re starting up? With credit tightening, getting a traditional loan may be tough. If you’re finding cash hard to come by, you may consider approaching family members or friends for some money. But borrowing cash from family has some serious negatives– and some [...]
Need Quick Cash? Alternatives to Payday Loans
November 9, 2009
According to the Center for Responsible Lending, those who use Payday Loans typically receive eight to 13 payday loans each year. Often the loans they are receiving are loan flips where the borrower is getting money to pay a fee and is not receiving any new money. To avoid getting caught in a tough position [...]
Is a Debt Consolidation Loan Right for You?
October 19, 2009
If your debt seems like an ever-growing mountain of trouble that you feel like you’ll never put a dent in– let alone clear away– then a debt consolidation loan could be right for you. But it’s best to weigh all of your options before jumping in to this type of a loan. Here are the [...]
How to Avoid Foreclosure with a Loan
October 5, 2009
Foreclosure can be a complicated and scary process. The good news is there are many ways you can avoid foreclosure including working with your lending institution to make up missed payments, forgive missed payments or change the terms of your loan. If you do miss a payment– or several of them– one way to avoid [...]
Getting a College Education Without Getting Big Debt
August 31, 2009
Want the degree without all the debt? It is possible to get that diploma without having thousands of dollars worth of college loans following you behind after graduation. Here are some ways to get a college education without getting big debt.
Take College Courses Early
Even before students graduate from high school they can already be taking [...]
How to Get a Loan Modification
August 24, 2009
With foreclosures reaching record levels, loan modifications are become a popular request. In fact, many states are changing laws so that banks are required to discuss options like loan modifications with owners facing foreclosure. But how do you get a loan modification? Here are some steps to follow:
Consider Getting Expert Help: If you’re delinquent on [...]
Who’s Lending Money These Days?
August 10, 2009
It’s hard to turn on the news, surf the Internet or flip through a newspaper without seeing a story on the credit crunch. Reports that banks are tightening their purse strings are all over the place. So how do you know who’s lending money? And how can you make sure you won’t be one of [...]
