FacebookRSSTwitter

Home       About      Contact     

Loans & Debt

P2P Lending: Are Lending Club & Prosper Loans a Scam?

Peer to peer lending and borrowing has occurred since the beginning of time.  However, it wasn’t always done efficiently, and borrowing from complete strangers was difficult.  P2P lending companies such as Lending Club and Prosper now exist to help solve these problems, but many consumers seem to wonder whether Lending Club and Prosper loans are a scam. [...]

BillCutterz Review:  Lower Your Bills & Save Money

Imagine that there was a company out there that could lower your bills by negotiating lower rates for you with all your service providers?  Sounds too good to be true, right?  Well, fortunately for you and I, such a company exists.  It is called BillCutterz , and its goal is to lower your bills and [...]

Auto Refinancing 101: Auto Refinance Basics

I’ve never been enamored with auto loans since they don’t receive any favorable tax treatment and the underlying asset tends to depreciate, rather than appreciate over time.  I prefer to save up for an auto purchase rather than finance it.  However, if you already have an auto loan, you may be able to lower the [...]

Student Loan Debt: Federal Loan or Private Loan?

This is the fourth of a four part article series on student loan debt.  This article covers the basics of deciding between a federal loan and a private loan.  Other articles cover an introduction to student loans, private student loans, and federal student loans. I recently read that student loan debt now exceeds $1 trillion [...]

Auto Loans 101: Auto Financing Essentials

Auto Loans 101: Auto Financing Essentials

I’m not a huge fan of auto loans.  I prefer to finance assets that are likely to appreciate over time and/or that receive beneficial tax treatment (i.e. a home, education, etc).  Auto financing doesn't normally tick either of these boxes. Vehicles tend to depreciate the second you drive them off the lot, and the interest [...]

Federal Student Loan Essentials

Federal Student Loan Essentials

This is the third of a four part article series on student loans.  This article covers federal student loan basics.  Other articles cover an introduction to student loans, private student loans, and choosing between federal and private loans. If you are thinking of taking out a federal student loan, it's important to understand how they [...]

Private Student Loans

Private Student Loans

This is the second of a four article series on student loans.  This article covers private student loans.  The other articles cover the following topics: introduction to student loans, federal student loans, and choosing between federal and private loans. If you must take out student loans, it’s important to understand your options so that you can borrow [...]

An Introduction to Student Loans

An Introduction to Student Loans

This is the first of a four article series on student loans.  The other articles will cover private student loans, federal student loans, and choosing between private and federal loans. An education can be a very worthwhile investment in a student’s future and a very wise choice.  Studies have shown that as education goes up, [...]

Home Equity Loan Basics

Home Equity Loan Basics

A home equity loan, commonly referred to as a second mortgage, is a note or line of credit that is secured or collateralized by the equity in your home. The term of a home equity loan is generally shorter than that of a first mortgage, and similar to a first mortgage, the lender has the right [...]

You might also likeclose