If you’re one of the rare financially-minded breeds, you likely keep an obsessively watchful eye on your finances. In terms of a monthly car or house payment that means not being content knowing only your monthly payment and term length, but also how to calculate those figures yourself.
When you make a series of monthly payments to pay back a car or home loan, a portion of the payment goes to interest and a portion pays down the principal balance.
Imagine this scenario: You embark on the search for your ideal car or home. Upon finding it, you excitedly go through negotiations and financing only to discover the monthly payments are well beyond your reach.
You may have heard recently that some lending companies look at an individual’s social media contacts to help determine their credit score. Should you start weeding through your Facebook friends? Turns out this fear is overblown and does not apply to most people. Learn why.
You can take control of your finances right now by consolidating high interest rate credit cards and mortgage payments into variable or fixed rates, which one is right for you? Take a look, you may be on your way to financial freedom in just a few days.
They say buying a new vehicle should be considered a major investment—and it is! Very often, however, the average consumer is enticed by fast-talking salespeople or simply doesn’t understand all the ins and outs of buying a new car. This guide will keep you informed.
Unless you are in the top two percent of the wealthiest members of the population, you will probably need a personal loan in order to achieve educational and personal goals. Personal loans are not evil, but in many cases, they are necessary. The main thing is to be in control of your finances.
If you’re experiencing hard times, hard money and sub-prime lenders may be able to get you into the car, house or credit card you want or need. If you’re not sure what a sub prime lender is, here Jean Scheid explains how they operate and what to watch for if utilizing a sub-prime lender.
You may have a family member or friend that really needs your help financially and while you may be able to assist you still need to know how to gift loan balances and what the implications may be.
Want to save money by getting low interest rate loans? If so, then discover where to get the best interest for a personal loan.