Loans

Blending family, friends, and finances can be risky. A variety of emotions are attached to the decision to cosign a loan for a friend or family member. They may sincerely need your help, or you may feel an obligation to...

A home equity line of credit, or HELOC, is a popular way to finance everything from home remodeling or repair to debt consolidation, or even a vacation. If you’re a homeowner, you’ve probably heard of them, but should you apply...

Q: My husband and I are in our final year of bankruptcy this year. We did a chapter 13 in sept 2010. Income has significantly increased over the years and we would like to purchase a new home this year....

Crowdfunding in the Internet age started off with the mostly honorable intentions. At first, the main idea was to use social media to let people from all around the world chip in money to help out others in need or...

Every year, 12 million Americans take out payday loans, spending more than $7 billion on loan fees alone, according to research from The Pew Charitable Trusts. While people of all age groups and backgrounds get high-cost payday loans, studies show that Millennials...

Before you can get a mortgage, student loan or personal loan, lenders usually first check your credit score. But one lender – a San Francisco-based startup called SoFi – is changing all that. In fact, you can get a loan...

Fannie Mae is rolling out a series of new mortgage rules that will make it easier for African-Americans, Latinos and others to qualify for home loans. Under recently announced guidelines, starting in 2016 Fannie Mae will require mortgage lenders to...

Q: My husband and I are in our final year of bankruptcy this year. We did a chapter 13 in 2010. Our income has significantly increased over the years and we would like to purchase a new home this year. My question is...

When you're living on a fixed income or facing bills you can't afford to pay, it can be tempting to consider borrowing from places like car title loan companies. After all, these lenders put cash in your hands in a...

If you’ve been asked to cosign a loan to help out a friend or family member, you may need to think twice before signing on the dotted line. The loan you are cosigning for may come at a price and...

If you’re feeling overwhelmed with bills lately and your car loan payments are putting a dent in your budget, take some time to review your loan agreement. Whether you’re dealing with overdue payments or just want to be more organized with...

I recently wrote about the pros and cons of taking on 72-month or 84-month car loans. If you read my previous article, you no doubt noticed that there were a lot more “cons” than “pros.” With all of these cons,...

If you’re in the market for a new car, chances are you want to keep your payments as low as possible, preferably under $500 a month. Car dealers know this, which is why 72-month car loans are more popular than...

Dealing with unemployment can be a stressful time in your life and you will need to spend some time reworking your budget and ensuring that you are meeting your debt obligations. If you have an auto loan, it is even...

When you're living on a fixed income or facing bills you can't afford to pay, it can be tempting to consider borrowing from places like car title loan companies. After all, these lenders put cash in your hands in a...