10 Things You Must Know About a House Before Purchasing

Posted in General Finance by Kevin | Tags: , , , ,

Have You Decided to Buy a House

Buying a house means that you might be risking years and years of hard earned money and possibly putting yourself into debt that could take decades to pay off. There are lots of factors to take into consideration before you make your purchase in order to ensure you have a pleasant experience and come out financially healthy.

The rules are different if you are buying a house as an investment property than if you’re buying to live in it. In this article I will share some of the important things to consider about the property in question before you sign the contract and change your financial future.

How to Finance Your Graduate School Education without Loans

Posted in Personal Finance by Kevin | Tags: , , , , , , , ,

Know your options before you take out a loan.

Everyone knows that Bachelor degrees don’t carry the same weight they did 10 years ago and entry level professionals in today’s economy are urged more and more to have some kind of graduate degree to be seen as competitive job applicants.

10 Ways to Raise Your Credit Score

Posted in Personal Finance by Kevin | Tags: , , ,

A good credit score can be a very important factor for success. It shows lenders that you are a trustworthy borrower and that you will repay back your loans. Without a good credit score, you won’t be able to borrow a car, a house, or even start a new

A good credit score is considered something over 720 and an excellent score is around 780 – 800 and above. However, a credit score under 600 is considered poor.

What is the criteria for a personal loan?

Posted in Personal Finance by Kevin | Tags: , ,

I have received numerous e-mails from readers asking about the eligibility criteria for a personal loan. There is no straight answer to this question as all financial institutions have different screening processes.  There are no two people alike, and the same thing happens to financial situations. The market offers an incredible variety of financial products and thousands of applicants apply for them every day, thousands of incredibly varied applicants. Is there any particular factor which might trigger a lender’s desire to fund a person’s project? You might be thinking that this question can easily be answered in two words: “good credit”. But that is not all, the percentage of loan applicants with good credit is lower than you might think. Before the credit bust, having a high credit score virtually guaranteed the applicant a loan. Nowadays, numerous other aspects, such as assets, employment, salary, and age are taken into account.

Student Loan Tips and Secrets

Posted in Personal Finance by Kevin | Tags: , ,

Before taking out a student loan, it is a good idea for parents and students alike to read more about the benefits and disadvantages of each type of loan (whether personal, private, or government subsidized) in order to ensure a smooth transition after graduation.

Let us dissect the benefits and possible uses for each of the loans in order to help you narrow down your choices.

There are three types of student loans you can apply for: Federal, private, and personal student loans.

How to Improve Your Credit Score

Posted in Personal Finance by Kevin | Tags: , ,

Everyone knows what the purpose of a credit score is, so there is no need in diving into a lecture on its purpose. In a nutshell, a credit score is used to quantify your financial reputation. How good are you at paying back money you owe? A credit score is often used to determine whether a person can acquire a type of loan such as a car loan or a credit card. For many people, improving their credit score is all that they have to do to secure a loan. Improving your credit score may seem like a difficult task, but there are many simple things that you can do to improve your rating. These tips from Amy Nutt could go a long way in helping you rebuild your credit and your confidence.

7 Surefire Ways to Stay Poor

Posted in Personal Finance by Kevin | Tags: , ,

There are exceptions to every rule, but the majority of people out there are not doomed to be poor.  They are poor because they make common mistakes with their money and never quite get out of this destructive financial rut. Now as an economic recession looms, it is imperative that consumers identify trouble areas and climb out of this financial pit of poverty.

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