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  • What You Should Know Before Applying for a Home Loan

    Are you thinking about applying for a loan so you can purchase a house? There are a few things that should be considered before you apply for a home loan. You don't want to end up struggling to pay the money back, as this could lead to your home going into foreclosure. This article contains helpful information about home loans that can help you determine if applying is a good idea or not.
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  • Peer-to-Peer Lending: Saving the Day and Reducing the Debt in Financial Crises

    Are you in need of a personal loan? Perhaps you have a number of issues that are preventing you from getting a traditional loan through a bank. You may have also exhausted your means of getting small loans from friends and family. These are common obstacles that many people today face, and even if your needs and ability to acquire a loan are different than other people's, do not feel as though you will not be able to get a loan.
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  • 4 Tips For Getting An Auto Loan After A Repossession

    If you have had a repossession, it may seem almost impossible to get another auto loan anytime soon. However, if you take the right steps, getting an auto loan won't be entirely impossible. Here are four tips to consider in order to get an auto loan after a repossession: Check Your Credit Report: First off, you should take a look at your credit report. Although the repossession you had will drag down your credit score, other areas of your credit report may be dragging it down even more.
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  • 3 Reasons To Not Pay Back Your Installment Loan Early

    Installment loans are somewhere between traditional loans and payday loans. While a traditional loan is usually long-term, such as over several years, and a payday loan involves a one-time repayment within a few weeks of the initial loan, an installment loan consists of several payments over several months. While the extended payments of an installment loan make it more affordable than a payday loan, many people feel stressed or anxious knowing that they have a current loan that they need to pay back.
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  • When Should You Consider An Installment Loan Over A Short-Term Loan?

    No matter your situation, there's almost always a loan product available for your needs. With so many options and lenders to choose from, it's possible to pick a loan type that isn't ideal for you. This is especially true when it comes between choosing a quick, short-term loan, and a longer-term installment loan. When You Cannot Pay the Loan Back Immediately Many short-term, "quick" loan types require that you pay the loan back in a relatively short amount of time.
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  • 2 Strategies To Help You Pay Off Debt Faster

    If you're in a lot of debt, it probably feels like you have little control over your paycheck of where your money goes. The only way to change that is to take a deep breath and start taking steps towards getting out of debt. It might take a few months, or it might take a few years, but getting out of debt will be easier if you follow these strategies.
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  • 3 Tips For Getting Approved For A Mortgage

    If you're like many Americans, you probably do not have enough cash on hand to purchase a home outright so you will need a mortgage loan in order to buy a house. Applying for a mortgage from a mortgage company may seem intimidating, but being educated on the process and knowing what to expect can increase the likelihood of your mortgage application being approved. If you're planning on buying a house soon, use the following tips when going through the mortgage application process:
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  • Tips To Help You Get The Best Home Loan Rates Possible

    Getting a mortgage is a complicated process and it can sometimes feel like a second job. With a myriad of information needed by the lender and a large amount of paperwork that has to be filled out, it can feel overwhelming at times. If you're in the market for a new home but aren't sure you're being offered the best interest rate, here are some tips to help you get the lowest rate and overall monthly mortgage cost possible.
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  • Home Refinancing: Four Smart Reasons To Take Out A Second Mortgage

    If you are strapped for cash, you might be thinking about refinancing your home and obtaining a second mortgage. As the name suggests, a second mortgage uses the equity in your home to provide you with extra cash. Like a traditional mortgage, the bank uses your home as collateral and if you don't make your payments, the bank can take your home from you. While a second mortgage might sound like the perfect opportunity to get some extra money, it's not ideal for every situation.
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  • How An HOA Can Affect Your Mortgage

    If you recently made an offer on a home within a community that has a homeowners association (HOA), you should not be surprised if your lender starts asking questions about the HOA. This is a completely normal part of the underwriting process, and lenders do this for protection. One of the main questions your lender may ask involves the percentage of occupied units. If this number is not right, it could affect your ability to get a loan for this particular house.
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