Debt

To get a mortgage loan, your lender will check to ensure that you can afford it. A mortgage lender will look at your debt-to-income ratio to help make that determination. A high debt-to-income ratio can make it impossible to qualify for a mortgage. But that doesn’t mean you don’t have options. We’ll cover how you…

Financial burdens that steam from the coronavirus pandemic have millions of Americans up at night wondering how they are going to support themselves and their families. Over the last four weeks, 22 million Americans filed for unemployment, which is a staggering number to think about. Then there are others who still have their jobs but…

Using federal student loans instead of other sources such as private loans offered by banks, offer borrowers benefits that aren’t available elsewhere. The ability to qualify for loan forgiveness which means the government forgives a portion or all of your federal student loans is one of those benefits. There’s also a possibility of qualifying to…

You don’t have to be a car enthusiast to be excited about getting a new car.  It’s time to get the latest features, or one with better gas mileage, or just one that has more space for your growing family. There’s a lot of decisions involving it too. Do you get a used or new…

Are you curious about how to get a personal loan? There’s a lot more involved than simply filling out an application, such as: Examining your credit score before applying for a loan Comparing rates to determine which lender is right for you Getting pre-qualified to get a better idea of the potential loan amount, term…

Have you been limping along with that old junker for long enough? Or maybe, you’re fresh out of college and got that new steady full-time job but need a car to get there? Either way, it’s time to take the plunge and buy that new car and you’re probably asking yourself… how much car can…

According to Forbes, student loan debt has become a $1.5 trillion dollar crisis in the United States. That’s trillion with a T, not billion! With a total of 45 million borrowers, spanning across all demographics, student loan debt has become the second-highest consumer loan debt, falling just behind mortgages. It’s higher than both auto loans and…

If you’re a first time home buyer, a low down payment mortgage might sound like a perfect solution for your problem. However, before you sign your name on that dotted line, you better understand the risks that come with this type of mortgage. In fact, we don’t have to go too far back into the…