Do you need a loan? Do you REALLY need a loan? Sometimes the answer is yes, and sometimes the answer is no. There are LOTS of articles with vague, non-specific advice about whether or not to apply for a personal loan, a small business loan such as a dti loan, or a student loan. But what …
Do You Need A Loan? Advice From Personal Experience Read More »
A friend of mine is considering buying a new car and was talking to me about how to negotiate the price. I realized one of the important things to remember when buying a car (or just about anything on installment payments) is that frequently, you’re encouraged to look at the monthly payment, but the important …
Should I refinance my home loan? That is a question many homeowners ask. And it’s a question that is especially relevant when news headlines at CNN Money and elsewhere reflect a trend toward lower mortgage loan interest rates. When rates go down, the ability to refinance into a lower mortgage interest rate is very attractive, …
If you’ve been following the news, you will have read that the Federal Reserve raised the key interest rates from a range of 0%-0.25% to a range of 0.25%-0.5%. In general, this is good news. It means that we’re finally seeing true recovery from the economic crisis that started in 2007. While the Fed has …
Last week, I was listening to news radio on the way to work (side note – when did I become the person who listens to the news rather than a fun morning show?). They were discussing interest rates and a recent comment from Federal Reserve Chair Janet Yellen that interest rates could start to rise …