Loans: A Guide to Common Loans and Scams
July 30th, 2014
When the time came to purchase your own insurance and leave behind the tender enclaves of your parents’ wallet, you, like most people, probably stayed with your parents same insurance provider. The Wall Street Journal reported in 2012 that 1 in 3 people have never switched insurance providers, and 60% of people [...]
July 29th, 2014
Are you ready to begin planning your retirement fund or just want to be sure that you have money to fall back on if you are hit with an unexpected bill? If so, you may want to seek professional financial help, as your accountant will help you cut down your [...]
July 29th, 2014
Debt settlement companies promise to help people avoid bankruptcy and get out of debt quickly. Their techniques can be effective, but they can also lead to financial disaster. Before moving forward with a debt settlement program instead of a bankruptcy, you need to understand how these programs work and how [...]
July 25th, 2014
Sometimes, loan applications are turned down because the borrower has bad credit, but in other cases, they are turned down because the borrower has no credit. If you cannot get credit because you have never had it, you are in a bit of a credit paradox. Luckily, there are a [...]
Throughout this section you will learn all about loans, including the primary difference between secured loans and unsecured loans and recommended loans that should be avoided. Also included is information about credit scores and ratings and how they affect your qualifications for a loan. You will also learn about where to get a loan and what type of information is necessary when applying for a loan. This section will also briefly touch on the most common types of loans, such as what type of loan a payday loan is and what personal loans are.
Throughout this section you will learn detailed information about the most common types of loans. The loans included here are mortgages, auto loans, personal loans, student loans and business loans. The details will include whether the specific loan is an unsecured or secured loan and a breakdown of the different options for each loan category. For example, the mortgage loan categories include VA, FHA and bad credit mortgage loans. Also briefly included is information about bad credit auto loans, reasons for a business loan and the different student loan options.
In this informative section you will learn detailed information about loan scams, including what they are and the most common types of loan scams. You will also learn valuable information about how to spot a loan scam and how to avoid them. Loan scams range from scammers seeking out those who are at a risk of foreclosure to scammers promising to make a loan without a fee. When something sounds too good to be true, it usually is and this information will help you protect yourself from a possible loan scam.