Wealth Building

What Is An Interest Only Mortgage Is It Right For Me

Consumers are generally categorized into three classes: 1. Those who shudder at the very thought of paying interest. 2. Those who are willing to pay interest in order to have more purchasing power based on their current income level. 3. Those who view interest as a cost of doing business and use it to their advantage. Yes, paying interest does…

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Debt Consolidation

Dangers Of Debt Consolidation

Are you considering getting rid of your debts by consolidating your debts? Many believe that debt consolidation is probably the best option to overcome excessive debts. This statement to some extent is true but is Debt Consolidation the answer to your worries about debt problems. Debt consolidation loan is not so easy to fix. If appropriate measures are not taken…

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Finance

Home Loan Interest Rate

A home loan is the security for the repayment of a debt, such as the one incurred upon the purchase of that home, whereas mortgage means a loan secured by a real property. In other words it is a loan on a property that has been taken as security by the lender against the loan. Home loan interest rate is…

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Wealth Building

Credit Card Lingo

Knowing What’s Out There – And What To Choose The World of finance can be a tricky game for both the seasoned veteran and the novice borrower. Banks can – by accident or design – make even the most simple information seem complicated and through this unwittingly (or not) induce their customers to go for products that might not be…

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Loans

Car Loan Refinancing

When you bought your own car, you might not have found the best financing deal. You could have taken out your car financing through a car dealer at an interest rate that is possibly higher than other financers. This could be one of the reasons why you are currently paying way too much your current car loan. If your credit…

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Wealth Building

How To Compare Secured Loans

When you are thinking about taking out a loan, you need to think about which kind of a loan. There are basically two types you can choose from: secured and unsecured. Secured loans require a form of security to guarantee the loan. This is commonly your house, which makes secured loans only really suitable for homeowners. But all secured loans…

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Finance

Our Own Homes Are The Mother Of All Tax Shelters

When it comes to tax shelters, there’s no better or safer place than our own homes. There are a vast number of companies out there spending a lot of money on advertising trying to convince us that we should be sending our hard earned dollars to some island in the sun, where (for a nice fat fee of course) they…

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