Monthly Archives: January 2024
Who’s Afraid of Captive Finance?
If you think the factors that determine your credit score are complicated, wait until you try to figure out all the moving parts that determine how much you pay for a loan. It is not only about your credit score, although that plays a role in setting the interest rate for the loan. Meanwhile,… Read More »
Does Co-Signing for a Family Member’s Car Loan Ruin Your Finances?
When a wealthy person gives an entrepreneur a gift of money for a business venture and asks for nothing in return unless the business project becomes profitable, it is called being an angel investor. If the 99 percent had angel investors to bail them out of current and future financial problems, debt relief lawyers… Read More »
Brace Yourself If You Are Trying to Get Your Finances in Order So You Can Apply for a Home Mortgage Loan
It is not just your imagination that it is a long process for applying for pre-approval for a home mortgage loan to actually closing on the purchase of the house and signing the loan agreement. Before you can settle into your new home and your new set of worries about keeping up with your… Read More »
Toyota Pays $60 Million Settlement to Consumers to Whom It Charged Unfair Fees
It is common knowledge that the worse your financial situation is, the less buying a car improves it. If your budget for buying a car is in the triple digits, then you are stuck buying a jalopy that is older than you are from a friend of a friend or purchasing a vehicle with… Read More »
BNPL Holiday Shopping Trends
When you are a child, the holidays are pure joy except when you notice how grumpy and worried the adults around you seem. When you are grown up, the holiday gloom makes a lot more sense. Being broke is no fun, no matter the weather, but it is even worse during the holidays, when… Read More »
Getting the Right Personal Loan Takes Strategy, Patience, and Luck
One of the symptoms of financial long COVID is that most of the pieces of mail that arrive in your mailbox are either bills and past due notices or advertisements for personal loans. At certain times of year, there might be the occasional holiday greeting card in the mix, but other than that, everything… Read More »
Closing on a Home Mortgage Loan Is a Marathon, Not a Sprint
Applying for a home mortgage is an awkward in-between stage, to say the least. On the one hand, you are so close to the dream of homeownership that is beyond most people’s reach that you feel like complaining about your financial situation would be in poor taste. On the other hand, until you walk… Read More »
Preparing Documents for Your Chapter 7 Bankruptcy Filing
The most successful New Year’s resolutions are the ones you start working on in the old year. People who are really serious about losing weight adopt healthy habits starting now, to whatever extent they can, instead of procrastinating until some apparently auspicious date. The agony of smoking the tenth to last cigarette in what… Read More »
Chapter 7 Bankruptcy Can Be a Relief If You Are Between Jobs
You have probably heard a lot of conflicting information about filing for bankruptcy. Filing for bankruptcy gets rid of all your debts, except when it doesn’t. The bankruptcy court can sell your possessions, except when it can’t. Everyone has the right to file for bankruptcy protection, but filing for bankruptcy costs money. Once you… Read More »