What is mortgage refinancing? Mortgage refinancing in a layman language means that you are taking new mortgage loan to replace the existing one. Opportunity to refinance mortgage by homeowners is one of the advantages you can enjoy when you own your own house. Apart from the fact that the home serves as a place of
“What should I do after paying off debt?” This question is common among those people who are about finishing or have just finished paying off their debts. If you have been in debt and have been paying it down gradually, you must have been looking towards to a date when you will completely be out
What is 4 Cs of credit? Are you planning to apply for credit very soon? Definitely you will like to put things in order before you apply so that your application will not be rejected. Whether you are applying for personal loans or credit card, no financial institution will just grant you the loan or
It is not a good experience being in debt. If you are in debt, it is likely that you will be using sizeable part of your income to pay off the debt thereby leaving you with little money to meet your obligations. Besides, the thought of having debts hanging on your neck could be devastating.
What is Debt Consolidation? Debt consolidation is actually a financial management strategy whereby a debtor takes one loan to pay off two or more loans. This strategy is usually adopted by people having different loans with varying high interest rates thereby making it difficult for them to meet their monthly obligations. Debt consolidation loan covers
Is it possible to be debt free in this era of credit economy? The answer can be both ‘yes’ and ‘no’. If you believe that you can be debt free, I will say it is possible. On the other hand, if you think that living debt free life is impossible, then it may be really
Accessing Short Term Loan for Emergency. Are you searching for short term loan that you can quickly use to bridge your liquidity gap? There is this particular short term loan option which is fast becoming a good alternative to other traditional loans. Possibly, you must have heard about it. It is Payday loan. We all
Why should you refinance car loan? Are you contemplating on refinancing your car loan? Possibly you are already thinking about how rigorous it was for you when you applied for your existing car loan. You are already scared of starting and going through the process again. Well, the good news is that, it is easier
How to Pay Off Debt. Are you confused on how to pay off credit card debt? If you are finding it difficult to pay off debt, you are not alone. However, you don’t need to remain in debt perpetually. It is easier to accumulate debts. But when it comes to repayment, it is not always
Interest rate is more than a figure. What interest rate are you paying on your loan? When a financial institution advertises a credit facility, you will see something like “Interest rates range between 12% and 20%. The reality is that, only few people will get the loan at 12 per cent interest rate. In most
