You’ve decided to buy a new car, and you know how much you can afford for monthly payments. You’ve seen the brand new Dodge Charger and the sign that says Financing Available. As you sit at your computer, you’re trying to figure out whether it makes sense to go with […]

Unsecured and Secured personal loans are different beasts and knowing the difference between them is very important before making any application. Lenders especially banks are usually more willing to offer clients loans that are asset backed especially if the amount involved is huge. Secured loans which use property as collateral […]

States, like Utah say that annual interest charged on payday loans is gradually declining – from 474 percent last year to 466 percent this year. According to Utah officials, borrowers pay and average of $17.93 every two weeks for every $100 dollars borrowed. If you take that number and multiply […]

Thinking about buying a house in the next year? If so, run, don’t walk, to the nearest mortgage lender. The days of home loan rates below four percent are quickly slipping away. And while some of the climb can be blamed on a change in Fed stimulus policy, that’s mostly […]

Yes, it was funny and had received over 1.7 million views on YouTube the last I checked, but is Oliver’s assessment of the payday loan industry fair or one-sided? I will be the first to admit there are problems with payday loans and lenders – and just because some lenders […]

Now that you’ve decided to start tackling your debt, the question becomes which debts do you go after first. Do you pay off the credit card balances with the highest interest rates? Or, do you pay off your smallest debts? It’s different for everyone. There’s no real right answer if […]

“If you’re trying to start a business today, you can almost forget about going to a bank for financing,” reported an article on The New York Times Blog. This statement may sound bold and startling for many, but there is much truth to support the assertion. A recap on bank-approved […]

What if all the money you spent each month on credit card payments was being invested in your retirement plan? How much faster could you reach your retirement goals? In a recent article on, Jenna Goudreau takes on these questions. The article entitled, “Why Credit Card Debt Can Derail […]

A recently published article in the New York Times by Ann Carrns discusses FICO data that indicates that credit card use among young adults, ages 18 to 29 is declining substantially. FICO is one of the most used credit reporting and scoring agencies, and their data from 2012 showed that […]

Believe it or not, there’s a new kind of student loan on the horizon. But it’s not used to put your kids through college. It’s so they can go to pre-k. Melanie Woodruff recently penned an article for the entitled “Daycare Is So Expensive In New York That Parents […]