Author Archives: loansandcredit

If you’re in debt and a homeowner, then a cashout refinance may be one of the best ways you can do a debt consolidation. Bad consumer debt such as credit cards can become overwhelming, and one of the ways you can regain control of your finances is to pay off high interest rate debt by […]

By taking out debt consolidation loans, consumers can get a handle on their overwhelming credit card debt. Unfortunately, taking out these loans can also hurt these same consumers when they’re ready to take out a mortgage loan. There’s a reason for this: Working with a debt consolidation company will lower the credit scores of consumers. […]

Getting personal loans for bad credit is something that you may have heard about. As so often happens in life, sometimes our best laid plans go awry, and we find ourselves looking for options to help us get back on an even keel. While many people despair and think that there is nothing that can […]

Many individuals believe that debt consolidation can save them interest, create a lower payment, and save them from all of their financial problems. Many financial advisors and experts believe that debt consolidation is similar to putting a band-aid on a bullet wound. It may treat the symptoms, but when the bandage comes off there is […]

It’s little surprise that some companies are trying to persuade consumers that they offer free or non-profit debt consolidation loans. These are bad economic times. And in bad economic times, the scam artists come out. The Federal Trade Commission is warning consumers that they need to do their research before signing up to take out […]

Ads for debt consolidation companies dot the Internet. These companies promise to help you reduce your debt load by consolidating all your debts into one monthly payment that you can afford. As long as you make that payment on time, you won’t be harassed by collection agencies. However, there are some downsides to working with […]

With the current U.S. economy, news is rarely all good or all bad. That’s the case when it comes to consumer debt, the need for debt consolidation and the number of personal bankruptcy filings hitting the country. It’s a bit of an odd mix, but consumer debt is filing at the same time that such […]

The number of U.S. homeowners who can rely on home equity loans to pay down their debts continues to fall, which might mean increased business for companies offering debt consolidation loans. Depending upon which studies you believe, the number of homeowners who are underwater on their mortgage loans, meaning that they owe more on their […]

Often it comes about in life that a person may need a little extra money, and personal loans might help. This may be due to unexpected expenses, a need for extra tuition money, home repairs, etc. But what can you do if you don’t have any collateral to offer a lender? Are you just out […]

A personal loan calculator can help you to figure out your budget when you are planning your personal loan repayments. Typically, you will enter the amount that you want to borrow, the term of the loan, and the interest rate and it will calculate your monthly payment for you. All of these factors will play […]