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FHA Loans Offer a Way Out of the Mortgage Trap Via Refinancing
For many years, FHA loans have helped less affluent Americans become homeowners. Now, the mission of FHA loans has been broadened by a new FHA loan program designed to help Americans keep their home...
Private Student Loan Borrowers Face Tougher Scrutiny
Qualifying for a private student loan is getting tougher as more banks tighten lending standards for borrowers. Some people who previously qualified for these loans may find themselves facing tough...
Challenges, Mortgage Refinance Remains a Viable Option
Interest rates have edged up, and home prices are decidedly down in much of the country. These would not seem like good conditions for the home refinance business, but even though the market...
Car Loan Alternatives to High-Interest Auto Title Loans
While these are trying times for people with bad credit, a car loan using the title to an existing vehicle as collateral may only make things worse. Known as auto title loans, these loans are market...
Student Loans Aren't the Only Choice to Pay Tuition Bills
Wachovia is just one of many lenders that have recently announced that they will stop issuing some student loans. In Wachovia's case, it plans to stop accepting applications for private undergraduat...
Student Loans for Career Training and Continuing Education Programs
Student loans aren't just for people working toward a degree. Loans also are available for continuing education and career training programs. To be eligible for funds, students must attend a program...
Missing Student Loan Payments Will Hurt Borrower's Finances
About two-thirds of students attending college use student loans to pay their expenses. But earning a degree doesn't guarantee enough income to pay back those loans. In fact, 10% of borrowers of fed...
Credit Card Cash Advances Come With a High Cost
A lot of people who are short of cash turn to credit card cash advances to help pay their bills. While cash advances can help people get through tight economic times, they will pay for the convenien...
Student Loan Companies Drop Less Profitable School Loans
Some student loan companies say they'll no longer make loans to community college students or those in schools with traditionally higher default rates. Lenders such as Citibank, PNC, and JPMorgan Chas...
Secured Credit Cards Pros and Cons
People who have bad credit often have difficulty qualifying for credit cards. As a result, it can be easy to get caught up in secured credit card offers that promise easy credit. While some people may...
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