Predatory Lenders: Don’t Fall In Their Traps

When people experience tough financial situations and have no savings to get them by, or friends and family to assist, then there are lenders who are available and are more than happy to give you a loan. The truth is, many of them prey on those who are vulnerable and offer to “help” with many…

Should I Refinance or Not?

If you have some form of debt (student loans, car loan, mortgage, etc.), refinancing may have crossed your mind a few times. So what exactly does it mean to refinance? To refinance means to replace your existing debt agreement with a new debt agreement that you believe is more favorable. A lender will pay off…

Should I Cosign for a Loan?

You have worked so hard on building a good financial reputation. You have saved some money, you have been responsible with managing your debts, you have maintained a good to excellent credit score, and you feel like overall, your financial future looks bright. Your family member or a friend asks you that since you have…

Should I save or reduce my debt?

Do you have outstanding debt that keeps bogging you down? Do you often times wonder which order is correct – save now and pay the debt later, or pay the debt off now, and then start saving after? Well, you are not alone. When you have debt (money owed), it can be an obstacle in…