Loans & Debt

With interest rates going under 3% for the first time in many years and knowing that they would not stay this low for a long period of time, it would only make sense to try and refinance your mortgage, sooner rather than later. But first… What is a mortgage refinance? A mortgage refinance is when…

Is it possible to get small personal loans with bad credit these days? Well, the current events certainly did not make things easier for the economy. Everyone currently is feeling the effects of the ongoing pandemic. People have lost jobs, businesses have closed or been forced to downsize, and lenders are not keen to give…

A savings account is a place where you put all your money that you don’t need to spend right away paying for utilities and other regular expenses such as rent or car fuel. In this article, you will learn how online savings accounts work, what are the differences and benefits of opening one over a…

Arguably the biggest debt that most people incur over the course of their financial lives is a home mortgage loan. As the name suggests, a home mortgage loan is a loan you get from a lender for the purpose of buying a property or, in some cases, refinancing that property so that you can borrow against…

In this article, we will look specifically at consumer credit unsecured consolidation loans. These types of loans usually offer little or no security at all (such as your assets for example a house) that will help reduce the rate and improve your chances for approval. Because we are looking at unsecured consolidation loans, there is a substantial risk…

In this article, we are exploring the many different options that are available for paying student loans. Student loans are an unfortunate reality because it puts graduates immediately in a negative net worth situation. However, more important than those loans is the education, career skills, and marketability of the education that these loans facilitate. For…

Just like the saying “Saturated Fats” has made dieters cringe, the idea of “Consumer Credit Debt” has been a big cause for cringing for those who carry the debt, the advisors who try to help them, and the bankruptcy professionals who help them with their bankruptcy proposal. The reason why consumer credit debt is so bad is…

Want to learn what kind of debtor are you? Read this article and find out how carrying debt impacts your life. There are three categories of people who want to repay debt. As you might imagine, their motives for repaying will differ greatly. These motives ultimately need to align with the debt repayment plan chosen…

In this article: Learn how to get rid of debt by implementing the debt snowball method of repayment. If you want to repay debt because it stresses you, then it makes sense to come up with a plan. In all likelihood, you may have already put a plan together – multiple times even – only…

As a way to repay debt, one of the least successful strategies is the debt avalanche method This strategy will appeal to individuals who probably do not have a cash flow problem or even a real debt problem, but who simply want to get away from paying interest on money they have borrowed. What is…