Home Equity Loan Types
There are at least two types of home equity loans.The first is a term or closed end loan and the second is basically a line of credit. Most people prefer to refer to them as a second mortgage because they are secured against your home much like your first home loan or mortgage. Typically these ... more...

Secured Vs. Unsecured Credit Cards What's The Difference?
Many consumers have a bit of confusion when it comes to distinguishing a secured credit card from an unsecured credit card. They both carry a brand logo from one of the major credit card companies and they both can be used anywhere that major credit cards are accepted. It is the behind the scene ... more...

Refinancing with a Home Equity Loan
If you have lived in your home for a reasonable amount of time, you may be considering refinancing.Refinancing can be done in a few different ways. One of the most popular recently has been the home equity loan.A home equity loan is a loan used to pay off your existing mortgage at a lower rate.Also ... more...

Home Equity Loans - 2nd Mortgage Find a Better Deal
Home equity loans come in two flavors. There are home equity loans and home equity lines of credit. Both types allow you to borrow against equity in your home and lock in appreciation in your home.Home equity loans are a loan made against your equity for a fixed dollar amount. The interest rate ... more...

Auto Loans After Bankruptcy How Does a Bankruptcy Affect Your Approval?
A recent bankruptcy will not disqualify you from obtaining an auto loan. In fact, opening a new line of credit shortly after a bankruptcy helps re-establish your credit and improve your credit history. Bankruptcy allows a fresh start. Initially, lenders may be hesitant to lend you money. However, ... more...

Federal PLUS Loans
As a student entering college, it is very unlikely that you have a few spare checks lying around that you can cash and magically use to pay for college. Most college-aged students, ranging from late teens through mid-twenties, have no line of credit and cannot receive much money in loans if they ... more...

Fast Cash Personal Loans - The Difference Between Personal Loans & Payday Loans
A payday loan is like a personal loan, but has some important differences.Installment Loans - An installment loan is one where you receive the loan amount in one lump sum and then make regular, set payments until the loan is paid off.Revolving Credit - A credit card is different than an installment ... more...

Simple Tips On Getting Your Loan
So, you want to get a loan?Here are some simple tips that will help you make an informed decision about what kind to get, and who to get it from.First ask yourself: do you really need it?Can you manage without it? Is it for something frivolous, like a holiday? Could you get the money by other means ... more...

What Is A 2nd Mortgage?
A 2nd mortgage refers to a secured loan taken on a property, which has already been used as a security in a loan once before. It refers to the second loan in sequence, as it is subordinate to the first loan on the same property. The 2nd mortgage lender can exercise his rights only after those of ... more...