Category: Credit Learning

There are many people who need the money and only a few have the resource to find it. Reasons for the need of money may come from family emergencies or the need to expand a business or maybe to start one. For people who cannot fond a resource, they usually resort to loans in the […]

When deciding between a Home Equity Loan against a Home Equity Line of Credit, first we need to determine what the money is being used for and how much money are we going to need. Generally, a HELOC (Home Equity Line of Credit) is a better choice for ongoing cash needs, such as college tuition payments or medical […]

Most people who apply for a loan only consider the interest rate that they are quoted by their bank or lender. While this is a good starting point it does not reflect the true “Cost of Capital.” For example, suppose you are purchasing an income property and your banker quotes you a 6.00% rate on […]

College is expensive, and more expensive still if you choose a specialized career in medicine or law. A typical bachelor’s degree runs students up with approximately $20,000 in student debt, and a medicine or law degree leaves them with an average of $100,000 in loans. Unfortunately, for many students, the only way to get sufficient […]