Many borrowers think they have found the perfect loan — the 125. But you should be cautious when considering this product. A 125 loan is named for the amount of equity you can pull out of your home, which is usually 125%. Some of the loan is secured by your home and some of it isn’t, making it a mixed…
Tag: Interest
Private Student Loans What You Need To Know
Private student loans should be the last stop in trying to get the money to cover your college bills because they will cost you far more in the end than most other forms of financing. Unfortunately for college students, financial aid packages from many schools do not cover the entire cost of education. Based on your FAFSA (Free Application for…
Hidden Credit Card Fees
By federal laws, credit card fees cannot actually be “hidden” from consumers, but that doesn’t mean that all credit card users fully understand how they are charged or what instances will result in fees or increases to existing rates. Sometimes, the fees are provided in the small print of the back of your statements, or only in the account disclosure…
The Dark Side Of Cash Advance Its Addiction And How You Can Overcome It
The main reason anyone should avoid cash advances is the huge interest rates that companies attach to their loans. These huge interest rates will make you pay so much back that it will put you in an even deeper financial problem. This is why you need to seek out a cash advance loan with affordable interest rates or simply look…
The Case For Remortgage
If you are on the fence as to whether you should remortgage or not, let this article help you. As a guide, it aims to pinpoint some of the most important reasons that you and others in your financial situation should seriously consider remortgage as an option. Reason 1 – Remortgage Makes Fiscal Sense Unless you took out your mortgage…
Bad Credit Loan Let S Cut Through The Hype
Bad credit loans seem to be a hot topic these days. In fact, if you need a bad credit loan, you’re likely to find an overabundance of information. See if this sounds familiar. You need a loan. Maybe you want to buy a car, enroll in college, or take out a home improvement loan. Or perhaps you’re a first time…
Miles Credit Cards Getting The Most Out Of A Frequent Flyer Credit Card
Airline miles credit cards are among the most popular types of rewards credit cards. However, only a handful of frequent flyer miles credit cards provide great rewards and value. The reason for this is quite simple: most airline specific credit cards charge astronomical annual fees and high interest rates. Now, if you travel often and spend more than $10,000 a…
Different Ways To Repay Your Mortgage
When you are searching for a mortgage, no matter if it is a first, second, or refinance, you have different options on repaying it which some people don’t realize. So, before you just take whatever is on the paperwork, you should consider the following options: Capital and Interest Payments This is the most common way to repay your mortgage, since…
Consumer Debt Solution Analyzing Your Options
You have several options to reduce your consumer debt. You can take the do-it-yourself approach by consolidating debts into a low rate loan. You can also find help through companies that management payments or negotiate debt elimination. Each option has pros and cons, and should be analyzed carefully before committing to a specific approach. Do-It-Yourself Approach Refinanced mortgages and home…
Debt Reduction Solution Play It Safe
All types of debt reduction solutions are but consolidation plans where you have to choose one and work on. When the debt is piled up, the best plan is to lower the interests and/or payments. Well, everybody knows it. But, remember to take plans or consulting services from a reputed debt reduction agencies and keep the records of ‘who is…