Understanding Loan Terms

Understanding Loan Terms

  • How Does PO Financing Work And Why Should You Use It?

    One of the top factors affecting a business's profitability is cash flow. Cash flow is the money coming and going, and a business suffers when the money coming in is less than the money going out. When you spend more money than you receive, your business suffers a cash crunch, leaving you without the funds needed for basic expenses. However, PO financing can help with this problem. The basics of PO financing

  • 3 Things To Consider Before You Start Shopping Around For Mortgage Lenders

    Each time a credit check is performed, your credit score will temporarily decrease. While your credit score will rebound, this process can take time and may interfere with your ability to qualify for a new loan. That is why it is so important to do some research before you begin the process of applying for a loan with different mortgage lenders. By choosing carefully when deciding which lenders to apply with, you will be able to avoid any unnecessary credit checks and the consequences that come along with these checks.

  • Should You Get An Installment Loan Or A Revolving Loan?

    Do you need money for a purchase and have to borrow it? If so, you may be wondering what type of loan you should get. There are installment loans and revolving loans, with both types having their own advantages and disadvantages. Here is what you need to know about both types of loans before you decide on the one that is best for you. Installment Loans One of the nice things about installment loans is that they have a predetermined end date.

  • Need A Personal Loan? Know These 4 Things

    Are you in a situation where you are in need of money, either for an investment or to make a large payment? If so, you'll need a personal loan. Here is what you need to know about this type of financing.  How Do Personal Loans Work? A personal loan allows you to borrow a large sum of money, and then pay it back at regular intervals. This could be weekly or monthly payments.

  • Do Bail Bond Companies Ever Issue Refunds?

    People often assume they'll get their bail money back when a criminal case concludes, but this is only true if you pay the money directly to the court. If you use a bail bond company, you won't get a refund because what you paid was a fee for the service and not the bail itself. That isn't to say, though, that bondsmen never issue refunds. Here are two instances when you may be entitled to your money back.

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    About Me
    Understanding Loan Terms

    When was the last time you realized you were in the red financially? Although most people don't think about their finances on a day to day basis, it can be easy to find yourself living paycheck to paycheck if you aren't careful. I began thinking carefully about the financial implications of some life decisions I was making, and I knew I had to make a difference. I talked with a loan officer about getting things together, and he was instrumental in helping me to work things out. Read more about my financial successes and failures on this little website. You might be able to avoid some of my previous mistakes.