Finance Archive
Your credit score is very important as it plays a big factor in the approval of your future loans. Most lenders check on credit records before deciding if they would lend a specific amount to the borrower. If you have a good credit rating, there’s a bigger chance that your loan will be approved. There
Before walking down the aisle and saying “I do”, it’s important to talk about some money matters in advance. You may still be elated with the fact that your partner slash fiancé proposed to you and this may be an awkward topic, but you’ll thank yourself for braving to open it up before the marriage.
Even when you dine out with your closest friends, it may still feel awkward at times to talk about how to split the bills. However, this is an important thing to consider since not everyone may be in the same financial situation. Furthermore, not everyone in the group may be ordering the same meal, so the
When lenders are unable to collect what the borrowers owe, they often hire a debt collector to do the collection. They may also sell the debt to a debt collection agency, which then contact the debtor to request for payment. If you received an e-mail or a call from a debt collector, it could be
Many people nowadays rely on loans for big purchases and for emergency situations. You’ll never know when you would need to borrow money that’s why it’s important to maintain a good standing on your credit score. A good credit score will make it easier for your loans to be approved. Moreover, your interest rate will
Purchasing a house is something that most people prefer over renting. However, even when the interest rate of mortgages has decreased since the recession in 2008, there are still a lot of people who can’t afford to get their own home. It could be that they don’t have the cash to cover the down payment
A lot of people would like to save money in every way that they can, including buying used items. There are several shops and online stores selling used items that can be purchased at a cheaper price. Garage sales can also be found around the neighborhood. While there are items that are okay to purchase
As a parent, you would like to see to it that you have a college fund ready for your kid. This way, you can be sure that he could get a degree, which would improve his chances of landing a good career. With the cost of college education continuously increasing each year, it could be
More and more people are now trying DIY projects in their homes. Whether it’s cleaning or home improvement, they try to do it by themselves, especially that tools and equipment are now easily available in the market. Aside from the sense of accomplishment that they feel for successfully completing a project, another reason for doing
Money is vital for our survival. After all, this is what we use to get the things we need, including food, shelter and clothing. You’ll read and hear money tips here and there. But are they all true? Some of them might be costing you, instead of helping you to save more. Others may even