Finance

Best US Cities to Invest in Real Estate During Coronavirus Pandemic

With mortgage rates historically at its lowest and with a good deal of options available on the market, you should consider investing in real estate during this pandemic. Traditional investors agree that real estate investments are good assets since their value appreciates over time. Other than this fact, real estate offers an opportunity for investors

Read More »

The DTI Factor: What Is Debt-to-Income Ratio?

Your debt plays a vital role in determining whether you qualify for a mortgage or not. Lenders use an aspect of your debt, known as your debt-to-income (DTI) ratio, to assess your ability to repay, as well as how much you can borrow. Generally, most lenders prefer maintaining a DTI of 36 percent or less.

Read More »

When Will the Recession from the Pandemic End?

The pandemic of 2020 has caused vast amounts of damage to the economy of the U.S. and the world. According to the World Bank, the growth forecasts of all regions have been severely downgraded, with incomes per capita contracting throughout 2020, which could put millions below the poverty line. Closer to home, we’re now at

Read More »

What Are Title Loans, and What Are They Not?

Car title lending has been an infamous alternative to the typical personal bank loan. And the detractors of title-pledged financial products do have valid points. Title lending is often the subject of criticisms for its insanely high interest rates even if the business model’s naysayers know very well that such fees are compensation for accommodating

Read More »

How to Manage Your Personal Loan Responsibly

Many financial advisors will tell you to avoid incurring debt as much as possible. However, some of us are left with no better choice. Aside from relieving you from financial burdens, a personal loan can be a catalyst towards success. But whatever it is going to be used for, a loan is a financial obligation

Read More »

How to Postpone or Stop Foreclosure on Your Home

Going into foreclosure can be incredibly stressful, but thankfully, there are some ways to help you get a hold of your situation. Getting slapped with a Notice of Delinquency doesn’t immediately mean you’ll lose ownership of your home. If you’re facing the possibility of foreclosure, here are some recommended strategies to at least postpone or

Read More »

3 Simple Ways to Cut Your Expenses and Increase Your Retirement Savings

Despite the changes to theLockheed Martin retirement plan, you can still use it to save money for retirement. However, how comfortable your retirement is, depends on how much money you save throughout your working years. Statistics show that 56% of Americans have less than $10,000 in retirement savings. That is nothing close to what you

Read More »

Different Ways to Skate by with Bad Credit

When you have bad credit for one reason or another, it can be tough to get by and have a daily functional life. A lot of resources and opportunities can get walled off simply based on your credit score. But this doesn’t make it impossible to get what you need. Here are some options, both

Read More »
Scroll to Top