Loan

Dec 1 2017

Variable vs Fixed Rate Student Loans – Which Should You Choose? #home #loan #interest #rates

#interest rates on student loans # Variable vs Fixed Rate Student Loans 8/11/2014 by Shawn Lindstrom in Student Loans Comments Off on Variable vs Fixed Rate Student Loans Understanding the basic concept of variable vs. fixed rate student loans if fairly simple.  A variable interest rate will change periodically over the term of the loan whereas a fixed rate will not.  The questions many borrowers face is, which is better?  Answering that question is more difficult than you might think at first.  Let s take look at the pros and cons of each, so you can make an informed decision …

Nov 28 2017

Payday Loans vs. Installment Loans. #commercial #loan #calculator

#installment payday loans # Payday Loans vs. Installment Loans In the world of short term lending, there is an ongoing feud between the payday lenders and the installment lenders. The internet is riddled with websites from both sides, most of which carry very strong opinions as to what kind of service, payday or installment, is best. But the debate between the two types of financing isn’t nearly as cut and dry as some of these lenders wish the public to think. Instead, there are times when payday loans are more beneficial, while there are other times installment loans are the …

Nov 22 2017

Secured vs. Unsecured Loans – GreenPath Article #student #financial #aid

#unsecured loan company # Secured vs. Unsecured Loans There are two basic categories that most loan types fall into – Secured and Unsecured. Secured loans are those loans that are protected by an asset or collateral of some sort. The item purchased, such as a home or a car, can be used as collateral, and a lien is placed on such item. The finance company or bank will hold the deed or title until the loan has been paid in full, including interest and all applicable fees. Other items such as stocks, bonds, or personal property can be put up …

Nov 16 2017

Mortgage Rates vs APR: How To Get Your Best Mortgage Deal #short #term #personal #loans

#cheapest home loan # Click To See Today’s Rates Posted August 1, 2015 As Seen On Mortgage Rates vs APR: How To Get Your Best Mortgage Deal The “Best Deal” In Mortgages You’re shopping for mortgage rates and you want today’s absolute best deal. Don’t we all. Finding that “deal”, though, won’t be easy as you’d think. There’s a lot of information to consider on a purchase mortgage or refinance. and most of it’s confusing. This is why rate shoppers tend to use Annual Percentage Rate (APR) calculation to help with their comparisons. APR is supposed to represent the “true cost” of a mortgage over …

Nov 6 2017

Subsidized vs. Unsubsidized Direct Loans #1500 #loan

#subsidized student loans # Subsidized vs. Unsubsidized Direct Loans Students who qualify for a subsidized Direct loan are not charged interest while enrolled in college, during the six-month grace period, and during deferments. Students must demonstrate need for this loan by completing the Free Application for Federal Student Aid (FAFSA) and providing the financial aid office additional forms. NOTE: For Direct subsidized student loans borrowed on or after July 1, 2012 and before July 1, 2014, the interest subsidy will not be available during the six-month grace period. This means that interest WILL be charged during the grace period for subsidized loans …

Nov 5 2017

Bad Credit Auto Loans Vs. Guaranteed Auto Financing #private #loans #for #college

#guaranteed loans for bad credit # Bad Credit Auto Loans Vs. Guaranteed Auto Financing Apply by Phone by calling: (855) 439-0814 Apply Online in just 3 minutes: Apply Now If you’re reading this, there’s a good chance that you have bad credit and you need a car. If that’s the case, then you’ve come to the right place. We’ve helped thousands of bad credit auto loan applicants just like you reestablish their credit while driving reliable automobiles. The process is an easy one, thanks to the internet, and you can start by simply filling out our non-intrusive online auto loan …

Nov 5 2017

Car Loan Options: Used Auto Loans vs. New Car Loans #mortgage #loans

#car loans # Auto Loan: New Used Car Loan Options Most people today need a loan when they buy a new or used car and the high cost of many vehicles often means that consumers spend years paying off the auto loan. The average length of a car loan at the start of 2015 was 67 months, about five months longer than it was in 2010. The trend is going even longer with 30% of car loans now stretched between 72 and 84 months. The average amount financed in 2015 was $28,711 with average monthly payments of $485, a record …

Sep 29 2017

6 Differences Between Home and Renters Insurance #renters #insurance #vs #homeowners #insurance

# renters Insurance Article 6 Differences Between Home and Renters Insurance Maybe you’re a renter and just purchased your first home. Maybe you’re a homeowner and you’re downsizing to an apartment or renting. In either scenario, the process of finding a new home can be an exhausting, long, and consuming process. You probably don’t want to add something else to your checklist, but if you’re making either of those changes, a key component is insuring your home, whether it’s rented or not. People tend to think one of two things — that renters insurance is a lot like homeowners insurance, …

Sep 29 2017

Difference between Doctor of Education degree (EDD) and Doctor of Philosophy (PhD) #doctor #of #education #vs #phd

# Difference between Doctor of Education degree (EDD) and Doctor of Philosophy (PhD) Doctor of Education degree (EDD) and Doctor of Philosophy (PhD) degree are the two highest education degrees awarded by any recognized University. PhD degree can be obtained in various fields depending on the qualification and interest of the candidates. EDD is the highest academic degree earned from a university. This degree is basically meant for the candidates who are specialized in administrative or academic field. EED and its Opportunities Candidates having EED degree can find excellent opportunities in teaching field as it is an exclusive degree. They …

Sep 29 2017

Difference Between Savings Account and Current (Checking) Account (with Similarities and Comparison Chart) – Key Differences #savings #account #vs #checking

# Difference Between Savings Account and Current (Checking) Account Before going to open an account in a bank, one should be clear in mind, as to which type of account is best suits their requirement. If a person wants to open an account to keep his/her savings to fulfill their future needs and desires to earn income from such savings then nothing is better than a saving bank account. However, if an individual or entity, wishes to open an account that can be operated end number of times, during a working day, then current account or checking account is best. …

Sep 23 2017

Professional Degree vs #professional #degree #vs #doctoral #degree

# Professional Degree vs. Academic Graduate Degree The following was obtained from the New York State education website. It makes a distinction between “graduate academic degrees and “professional degrees.” I believe this information is helpful for those people who do not know the difference. Academic degrees. Graduate academic degree programs consist of advanced studies in an academic discipline. They must have as their purpose contributions to knowledge of the subject matter, rather than specific applications of knowledge to professional practices. Master’s degree programs of this type may be terminal in nature or may also provide an introduction to research and …

Sep 21 2017

Buying a Car with Bad Credit – Bank vs. Dealer Financing #best #loans

#bank loans for bad credit # Buying a Car with Bad Credit – Bank vs. Dealer Financing Bank financing Whenever possible, it’s best to get your auto loan before you walk onto a dealer’s property. When you already have an approved loan, you may as well have cash in hand, cash you can take with you and walk away if you don’t like the way things are going. What’s more, an independent bank won’t try to raise the car’s price, ignore trade-in credits or lard the contract with extras like credit insurance or extended warranties. At present, Capital One. Household …

Sep 21 2017

Car loans secured vs unsecured loans – car buyers series #loan #mortgage #calculator

#unsecured loan rates # Car loans: secured vs unsecured Before you take out a car loan (or any type of personal loan) learn the difference between secured and unsecured loans. Secured loans Some lenders will only offer car loans that are secured. Secured loans typically use your car as security in case you default on your loan. This means your lender can sell it to pay off your loan. Interest rate type These loans are often only available as a fixed rate loan and the benefit is your repayment amounts don t vary because the interest rate stays the same. …

Sep 13 2017

Liability vs #liability #vs #collision

# Liability vs. Collision vs. Comprehensive Insurance Liability, Collision and Comprehensive are the three main types of auto insurance policies on the American market. Let us see what each of them stands for and what the differences are. Liability insurance Liability insurance is the bare-bone auto coverage that protects other people and their properties if you cause an accident. It is mandatory in most states (only New Hampshire, California and Wisconsin allow resident motorists to drive without Liability insurance, but they ask for alternative proof of financial responsibility). A Liability insurance policy is made of Bodily Injury Liability and Property …

Sep 8 2017

USDA Rural Development Loan vs FHA Loan #loan #comparison #calculator

#rural development loan # USDA Rural Development Loan vs FHA Loan Would you rather buy a home in a limited, specific area in order to have no down payment, or have the freedom to buy where you want and pay a small down payment to finance it? When it comes to comparing USDA Rural Development to an FHA loan, that’s a vital question you’ll have to answer. What else are the differences between an RD loan and FHA? Let’s take a look. What is a Rural Development Loan? First, let’s take a look at what USDA rural development is. In …

Sep 8 2017

Finance vs Accounting Major #degree #in #accounting #vs #finance

# College students who decide to study business and like working with numbers often run into the same predicament: Finance or accounting? Choosing the major which is right for you requires some thought and consideration. Below, we will compare the two options by highlighting a few of the characteristics and opportunities which come with each major. Difficulty and Competition Accounting and finance courses can both be very challenging but most students find an accounting degree to be more demanding. Also, accounting students who want to take the CPA exam need to meet their state s educational requirements. Most states require …

Sep 7 2017

VA Loan VS Conventional Loan – Find Conventional Home Loans #1 #month #loan

#conventional loan # VA Loans vs. Conventional Loans: Understand the Advantages The home buying process can be confusing, but. A VAMortgage.com Agent can help determine your best options and explain what comes next. Call us at 1-888-775-1585 or Contact us online! Discover the distinct advantages that may be available to you by learning more about VA loans vs  conventional loans . To begin, you may be eligible to secure a VA home loan  with low, fixed rates as well as no (or regulated) closing costs and no monthly mortgage insurance. Down payments aren t required except in cases where the mortgage amount exceeds …

Sep 4 2017

PhD in Administration: Schulich School of Business #accounting #degree #vs #business #administration

# Search An icon depicting a magnifying glass Envelope An icon depicting an envelope Phone An icon depicting a phone Fax An icon depicting a fax machine Map Pin An icon depicting a map pin People An icon depicting two people Graduation Cap An icon depicting a graduation cap Menu An icon depicting three lines Close An icon depicting an X Arrow Up An icon depicting an upward facing arrow Arrow Right An icon depicting a right facing arrow Arrow Down An icon depicting a downward facing arrow Arrow Left An icon depicting a left facing arrow Plus An icon …

Aug 30 2017

2017 Ford Fusion Hybrid vs #ford #fusion #vs #camry

# 2017 Ford Fusion Hybrid vs. Fusion Energi: Which One Makes More Sense? Being the only vehicle in its class doesn’t always guarantee a hit, but that can work in the consumers’ favor. Take the Ford Fusion Energi, which for a few years was the only plug-in hybrid in the midsize sedan class. With the average price of gas in the U.S. at $2.24 a gallon (as this is written), it’s no wonder Ford reserves its highest Fusion-line incentives for the plug-in hybrid sedan. If the refreshed 2017 Ford Fusion Hybrid is on your list, though, does the Fusion Energi …

Aug 23 2017

Secured Loan VS Unsecured Loan. #loan #deals

#unsecured loans # Secured Loan Vs. Unsecured Loan Secured loan vs. unsecured loan: what’s the difference? When you’re borrowing money, you’ll likely need to make a decision about a secured loan vs. unsecured loan. What’s the difference? Here’s an explanation, and a few credit counseling tips about choosing a secured loan vs. unsecured loan. A secured loan is one that is connected to a piece of collateral – something valuable like a car or a home. With a secured loan, the lender can take possession of the collateral if you don’t repay the loan as you have agreed. A car …

Aug 17 2017

Compare Med Prime Vs #nortec #ehr, #med #prime #vs. #nortecehr

# Med Prime Vs. NortecEHR Med Prime Review Updated: May 11, 2017 Med Prime OverviewMed USA is excited to bring you our Med Prime Electronic Health Records Software. Med Prime is ONC-ATCB certified allowing you and your practice to attest for “Meaningful use” and take advantage of incentive funds under the American Recovery and Reinvestment Act (ARAA). With its customizable, user-friendly design, Med Prime increases your efficiency and allows you to maintain the way you run your practice. Med Prime Average RatingThis software product is not yet rated Med Prime Typical CustomersSmall business, Medium business, Large business NortecEHR Review Updated: …

Aug 17 2017

Motorcycle vs Car Accident Statistics #motorcycle #accident #injuries, #motorcycle #vs #car #accident #statistics

# Motorcycle vs Car Accident Statistics Everybody knows that motorcycles are more dangerous than cars. Let s face it, that is part of the appeal of riding a motorcycle! In 2010, the federal government estimated that the number of deaths on motorcycles was about 30 times the number of deaths in cars, on a per miles traveled basis. No doubt that these deaths were a function of the number of head injuries, which are more common among motorcyclists than car drivers, which should be fairly obvious. It is estimated that about 37% of deaths could be prevented by wearing a …

Aug 15 2017

Home Buying – Banks vs. Mortgage Brokers #federal #student #loan #consolidation

#loan broker # Mortgage Brokers Mortgage brokers are professionals who are paid a fee to bring together lenders and borrowers. They usually work with dozens or even hundreds of lenders, not as employees, but as freelance agents. Think of mortgage brokers as scouts. They find and evaluate home buyers, analyzing each person s credit situation to determine which lender is the best fit for that person s needs. The broker submits the home buyer s application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. A good mortgage broker …

Aug 13 2017

FHA Loan vs. Conventional Loan #lenders

#what is an fha loan # FHA Loan vs. Conventional Loan Our latest mortgage match-up pits FHA loans against conventional loans. both of which are popular options for homeowners these days. In recent years, FHA loans have surged in popularity, largely because subprime lending (and Alt-A ) was all but extinguished as a result of the ongoing mortgage crisis . Some even claim FHA loans are the “new subprime,” mainly because of the low down payment and credit score requirements, despite originally being designed for low and moderate-income borrowers. But you don’t have to be a subprime borrower to take …

Aug 12 2017

Car Loan Options: Used Auto Loans vs. New Car Loans #personal #loan #for #bad #credit

#car loans # Auto Loan: New Used Car Loan Options Most people today need a loan when they buy a new or used car and the high cost of many vehicles often means that consumers spend years paying off the auto loan. The average length of a car loan at the start of 2015 was 67 months, about five months longer than it was in 2010. The trend is going even longer with 30% of car loans now stretched between 72 and 84 months. The average amount financed in 2015 was $28,711 with average monthly payments of $485, a record …

Aug 7 2017

FHA vs Conventional Loan Table #online #personal #loans

#conventional loan # Benefits of an FHA mortgage: A 3% down payment, as opposed to a 5% down payment on traditional loans Low monthly mortgage insurance Low closing costs, which are regulated by HUD No credit score requirements Qualify for a loan two years after a bankruptcy Qualify for a loan three years after a foreclosure The FHA loan guidelines are more relaxed than conventional loan guidelines — and this includes less strict regulations about past bankruptcies and/or foreclosures, job requirements, use of alternative credit, and debt-to-income ratios. The FHA ensures that their interest rates remain competitive with the interest …

Aug 6 2017

Shared or Dedicated IP Addresses – Shared IP vs #shared #or #dedicated #ip #addresses, #shared #ip #vs. #dedicated #ip, #best #web #hosting, #free #web #hosting, #free #web #sites, #free #web #space, #web #hosting #providers, #web #space, #web #site #space, #cheap #web #hosts, #service, #no #ads

# Shared or Dedicated IP Addresses HostMonsterBest cPanel Plan! / Quality Support / FREE Set-Up / FREE Domain / Unlim. for $3.49/mo / UNLIMITED Domains on 1 Account. HostMonster Review It is very important to know the difference between shared ip and dedicated IP addresses when finding a web host. Some websites don’t need a unique IP address and can function just fine on a shared IP. Many times though a dedicated address is preferred over shared IP addresses. What’s a Shared IP?Every domain name that is home to a website has an IP address assigned to it. An IP …

Jul 24 2017

Home Equity Loan Vs. Mortgage Loan #getting #a #loan

#home mortgage loans # Home Equity Loan Vs. Mortgage Loan There are differences between home equity loans and mortgages, but they both require paperwork. Function The biggest difference between mortgages and home equity loans and credit lines is that a mortgage has only one purpose: Buying a house. Home equity loans, Investopedia states, use the equity in your home–the value of the home less the amount you owe on the mortgage–as collateral on a loan you can use for other purposes. For example, because the interest rate is usually lower than credit cards and other loans, many homeowners use home …

Jul 12 2017

Defaulting on Private vs. Federal Student Loans #loan #agreement

#private student loan # Defaulting on Private vs. Federal Student Loans It s a simple equation, really. Expensive College + No Jobs = Student Loan Defaults. With sky-high tuition, an anemic economy and a tight job market, America is approaching the $1 trillion mark for outstanding student debt (surpassing even credit cards). That means more and more people are having real trouble paying back their student loans. The rules governing student loans are not so simple, however. Student loans in general are not dischargeable in bankruptcy proceedings, making them somewhat unique among loans (tax liens, alimony, child support and condo …

Jul 8 2017

Payday Loans vs. Installment Loans. #student #loan #refinance

#installment payday loans # Payday Loans vs. Installment Loans In the world of short term lending, there is an ongoing feud between the payday lenders and the installment lenders. The internet is riddled with websites from both sides, most of which carry very strong opinions as to what kind of service, payday or installment, is best. But the debate between the two types of financing isn’t nearly as cut and dry as some of these lenders wish the public to think. Instead, there are times when payday loans are more beneficial, while there are other times installment loans are the …

Jun 15 2017

Mortgage Refinancing vs. Loan Modification #fast #money #loans

#mortgage loan modification # Mortgage Refinancing vs. Loan Modification All homeowners want lower monthly mortgage payments. In general, there are two main ways that a homeowner can go about this: mortgage refinancing or loan modificatio n. It is important to realize that these are two very different processes. The information below explains how each of these options works. Mortgage Refinancing With mortgage refinancing. you are replacing your original mortgage with a new home loan. When you refinance, you are actually getting an entirely new mortgage loan. If you decide to refinance your mortgage, you will be subject to the following: …

Jun 15 2017

Mortgage Rates vs APR: How To Get Your Best Mortgage Deal #long #term #loans

#cheapest home loan # Click To See Today’s Rates Posted August 1, 2015 As Seen On Mortgage Rates vs APR: How To Get Your Best Mortgage Deal The “Best Deal” In Mortgages You’re shopping for mortgage rates and you want today’s absolute best deal. Don’t we all. Finding that “deal”, though, won’t be easy as you’d think. There’s a lot of information to consider on a purchase mortgage or refinance. and most of it’s confusing. This is why rate shoppers tend to use Annual Percentage Rate (APR) calculation to help with their comparisons. APR is supposed to represent the “true cost” of a mortgage over …

Jun 15 2017

Mortgage Brokers vs Banks: Who Gets Your Business? #no #fax #payday #loans

#loan broker # Mortgage Brokers vs. Banks: Who Gets Your Business? 6:11 pm ET November 4, 2014 November 4, 2014 When you’re looking for a mortgage, you can use a mortgage broker or deal directly with the bank. Each choice has pros and cons, and depending on your personality, you ll have to decide which is right for you. Going it Alone If you go it alone, you deal with the bank directly. If you re a regular customer and have a great relationship with your bank, you might receive better terms and interest rates . If you don t …

Jun 10 2017

FHA Loan vs. Conventional Loan #hard #money #loans

#what is an fha loan # FHA Loan vs. Conventional Loan Our latest mortgage match-up pits FHA loans against conventional loans. both of which are popular options for homeowners these days. In recent years, FHA loans have surged in popularity, largely because subprime lending (and Alt-A ) was all but extinguished as a result of the ongoing mortgage crisis . Some even claim FHA loans are the “new subprime,” mainly because of the low down payment and credit score requirements, despite originally being designed for low and moderate-income borrowers. But you don’t have to be a subprime borrower to take …

May 29 2017

Car loans secured vs unsecured loans – car buyers series #business #loans #for #women

#unsecured loan rates # Car loans: secured vs unsecured Before you take out a car loan (or any type of personal loan) learn the difference between secured and unsecured loans. Secured loans Some lenders will only offer car loans that are secured. Secured loans typically use your car as security in case you default on your loan. This means your lender can sell it to pay off your loan. Interest rate type These loans are often only available as a fixed rate loan and the benefit is your repayment amounts don t vary because the interest rate stays the same. …

May 27 2017

HDB Loan Calculator vs Bank Loan. #get #a #loan #today

#bank loan calculator # HDB Loan Calculator vs Bank Loan HDB Loan amount ($) Enter the loan amount for your hdb in the HDB loan calculator. The minimum loan amount is $100,000 Loan Tenure (Years) Use the drop down list and select the loan tenure. Years to sell or pay off the loan This refers to the nth year that you will redeem your hdb loan. The HDB loan calculator will calculate the total interest at the nth year. Predicted change in rates Here you can select either Interest rates will remain the same if you think your bank rates …

May 16 2017

Secured vs. Unsecured Loans – Major Differences #loans #for #small #business

#personal loans unsecured # How Secured Loans Are Different From Unsecured Loans By LaToya Irby. Credit/Debt Management Expert Welcome to About.com s Credit/Debt Management site, led by your guide, LaToya Irby. LaToya has been the credit and debt management guide since 2007. Read more Secured loans are loans that are backed by an asset, like a house in the case of a mortgage loan or a car with an auto loan. This piece of property is collateral for the loan. When you agree to the loan, you agree that the lender can repossess the collateral if you don t repay …

May 16 2017

Short Term Personal Loans: Secured vs Unsecured. #tsp #loan

#short term personal loans # Short Term Personal Loans: Secured vs Unsecured Short term personal loans are loans that financial institutions give to people needing immediate cash. There are two main types of short term personal loans: secured and unsecured. Both types generally have higher interest rates than long-term loans; however, since they have a shorter repayment term, borrowers can repay the loan more quickly. Secured Loans A secured loan is when the borrower puts up some asset (e.g. home or car) as collateral to back the loan. It is called a secured loan because it poses less risk for …

May 3 2017

Home Buying – Banks vs. Mortgage Brokers #no #fee #loans

#loan broker # Mortgage Brokers Mortgage brokers are professionals who are paid a fee to bring together lenders and borrowers. They usually work with dozens or even hundreds of lenders, not as employees, but as freelance agents. Think of mortgage brokers as scouts. They find and evaluate home buyers, analyzing each person s credit situation to determine which lender is the best fit for that person s needs. The broker submits the home buyer s application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. A good mortgage broker …

May 2 2017

Good Debt vs. Bad Debt – Which Debt Do I Owe? #direct #payday #loan #lenders

#bad debt loans # Good Debt vs. Bad Debt By LaToya Irby. Credit/Debt Management Expert Welcome to About.com s Credit/Debt Management site, led by your guide, LaToya Irby. LaToya has been the credit and debt management guide since 2007. Read more When you look at your bills each month, you may feel overwhelmed by the amount of money that you’re spending on debt. Sometimes debt might seem like a trap that you only want to fight your way out of, but not all debt is bad. Continue Reading Below Good Debt Some of your debt might be considered an investment. …

May 1 2017

Student Loans: Federal vs. Private – Which Is Best For You? The Motley Fool #low #rate #loans

#federal student loan rates # Student Loans: Federal vs. Private — Which Is Best For You? When it comes to financing your education, are federal student loans always the best choice, or are there better options on the private market? Mar 11, 2015 at 1:14PM Source: 401kcalculator.org via flickr When it comes to student loans, there are two basic options: federal student loans, which are the most common choice, and private student loans from a lender such as a bank. Federal loans have some excellent benefits and tend to be the easiest to get and the most flexible of the …

Apr 23 2017

Car loans secured vs unsecured loans – car buyers series #money #loans

#unsecured loan rates # Car loans: secured vs unsecured Before you take out a car loan (or any type of personal loan) learn the difference between secured and unsecured loans. Secured loans Some lenders will only offer car loans that are secured. Secured loans typically use your car as security in case you default on your loan. This means your lender can sell it to pay off your loan. Interest rate type These loans are often only available as a fixed rate loan and the benefit is your repayment amounts don t vary because the interest rate stays the same. …

Apr 22 2017

Conventional Vs. FHA Rates #vehicle #loans

#fha loan rate # Conventional Vs. FHA Rates by Bob Haring Pick the right mortgage when you buy a house. Loan Types Both conventional and FHA loans are available as either fixed rate, with a specified interest rate that remains the same throughout the mortgage term, or adjustable rate in which the rate varies as the overall mortgage market rises or falls. FHA loan rates are typically slightly higher than conventional loans, but borrowers with good credit scores usually will find them comparable. Down Payments FHA loans require lower down payments, which can be as little as 3.5 percent of …

Apr 13 2017

Private student loans vs. federal student loans. #direct #payday #loan #lenders

#student private loans # By Sandra Block, USA TODAY One student loan charges an interest rate of 3%. Another charges 6.8%. Which should you choose? Seems like an easy question, even if your fall curriculum includes “Math for the Liberal Arts Major.” By Chitose Suzuki, AP Students walk through the Harvard Law School area on the campus of Harvard University in Cambridge, Mass. But when the subject is student loans, it’s not enough to be good at arithmetic. You may also need to know some contract law. There are two types of student loans: federal loans, which are issued directly …

Apr 8 2017

Short Term Personal Loans: Secured vs Unsecured. #guarantor #loans

#short term personal loans # Short Term Personal Loans: Secured vs Unsecured Short term personal loans are loans that financial institutions give to people needing immediate cash. There are two main types of short term personal loans: secured and unsecured. Both types generally have higher interest rates than long-term loans; however, since they have a shorter repayment term, borrowers can repay the loan more quickly. Secured Loans A secured loan is when the borrower puts up some asset (e.g. home or car) as collateral to back the loan. It is called a secured loan because it poses less risk for …

Mar 31 2017

Home Buying – Banks vs. Mortgage Brokers #instant #payday #loan

#loan broker # Mortgage Brokers Mortgage brokers are professionals who are paid a fee to bring together lenders and borrowers. They usually work with dozens or even hundreds of lenders, not as employees, but as freelance agents. Think of mortgage brokers as scouts. They find and evaluate home buyers, analyzing each person s credit situation to determine which lender is the best fit for that person s needs. The broker submits the home buyer s application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. A good mortgage broker …

Mar 27 2017

Conventional vs. FHA Loans: Benefits and Drawbacks #wedding #loans

#what is a fha loan # Conventional vs. FHA Loans: Benefits and Drawbacks A conventional loan and an FHA loan can both be great tools when you are in the market for a house. FHA loans can be a great source of savings for you as well as offering several other benefits. A conventional loan also has its advantages. The decision of whether to use an FHA loan or a conventional loan can sometimes be difficult. Here are a few benefits and drawbacks of each. Conventional Loan Benefits The big advantage of conventional loans is that they often do not …

Mar 20 2017

Cash Advance Loans vs. Traditional Loans #student #loan #refinance

#cash advance # Understanding Your Credit Options As modern consumers, we all encounter situations that require us to borrow money. Fortunately, there are several financial tools at our disposal. Knowing what credit option is right for each situation is essential. That’s why it’s important to educate yourself on the pros and cons of each of these financial tools. Credit Cards Conventional Bank Loans Cash Advance Loans • No credit check required • Quick application and approval process Cons • High interest rates • Defaulting on a loan can create serious debt problems Payday loans are a great tool for emergencies …

Feb 10 2017

How to Compare Unsubsidized vs. Subsidized Student Loans #mortgage #loan #modification

#subsidized student loan # How to Compare Unsubsidized vs. Subsidized Student Loans The Department of Education offers loans to students to help cover college tuition, supplies and living expenses. Students can usually borrow money throughout their college years and begin repaying the loan after graduation. Student loans typically fall into one of two categories: subsidized and unsubsidized. As soon as a student takes out an unsubsidized loan, it starts accumulating interest. The Department of Education pays the interest accumulated on subsidized loans while a student is in school. Other People Are Reading How Valuable Is the Subsidy? Subsidized loans can …

Feb 9 2017

USDA Rural Development Loan vs FHA Loan #business #financing

#rural development loan # USDA Rural Development Loan vs FHA Loan Would you rather buy a home in a limited, specific area in order to have no down payment, or have the freedom to buy where you want and pay a small down payment to finance it? When it comes to comparing USDA Rural Development to an FHA loan, that’s a vital question you’ll have to answer. What else are the differences between an RD loan and FHA? Let’s take a look. What is a Rural Development Loan? First, let’s take a look at what USDA rural development is. In …