How do credit cards work?
A credit card may be just a piece of plastic that you can use to pay for things, but there’s more to the story. If you’re new to credit cards, it’s important to understand not just what they are, but how they work.
When you … Read the article
What’s the process to refinance a mortgage?
Refinancing a mortgage is the process of swapping out your current home loan with a new one, preferably at a better rate or with better terms.
Researchers say the ‘Pandemic Recession’ has set the finances of the Millennial Generation into a tailspin.
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“Millennials are old enough to have been negatively affected by the Great Recession. But we’re also young enough to still be early to mid-career still when the COVID-19 pandemic hit,” says Ana Hernández Kent
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Documentation of the Paycheck Protection Program which includes the names of 660,000 small businesses and nonprofits that received $150,000 in funding was released this week.
Though the reporting covers less than 15 percent of the total number of loans, it represents the … Read the article
A HELOC (Home Equity Line of Credit) is a home equity loan and functions much like a credit card. It’s essentially a line of credit that can be drawn on as you repay the total loan.
One of the biggest perks of homeownership is the ability to build equity over
First, Lets talk about the most common mortgages a 30-year term, this requires 360 monthly payments, while a 15-year term requires 180 payments. Many lenders, however, offer special loan repayment programs that promise to pay off the balance before term, without imposing much of an added burden on the borrower. … Read the article