Over the next three years, house prices, the cost of borrowing, inflation, and the cost of living are all expected to go up. But some people are finding that their wages don't keep up with these changes and are falling deeper and deeper into...
Are you thinking about getting a loan to get some extra cash? If you are, the interest rate is the most important thing to figure out when getting a loan. The cost of borrowing money goes down when the interest rate goes down.
When you...
When people get loan quotes, they want to know "the bottom line," which means the answer in plain English. But the problem we all face is that it's often as painful as pulling teeth to try to figure out what the "bottom line" is.
Take, for...
Using the equity in your home as collateral is a great way to get a lot of credit. In recent years, more and more homeowners see home equity loans as the easiest way to pay off other debts, make repairs or additions to their homes, or cover extra...
You probably thought that once you left school, you would no longer have to worry about report cards. In the adult world, your credit report is the new report card that tells whether you'll be "grounded" or not. If your credit score isn't good...
A home equity loan is very appealing to people who own their own homes because it can help them get more cash right away, pay for home repairs or renovations, and give them a longer line of credit. A fixed-rate equity loan can lower your monthly...
In the United States, there are three major credit reporting agencies: Equifax, TransUnion, and Experian. These are the groups that lenders use to check the credit worthiness of potential borrowers.
Federal law says that people can get one...
Like all store-branded credit cards, the Home Depot credit card gives customers a lot of great perks. For example, the Home Depot card often advertises deals like no payments for 6 months and 0% interest. But there are a few things to think about...
The Bank of Canada says that it will raise interest rates again. The recent rise in the value of the Canadian dollar might not have been the best or the worst thing for the Canadian economy. When the dollar hit a 30-year high of just under.94...
Even though people are spending less on the High Street, they are still struggling with rising interest rates, inflation, house prices, and utility bills. This means that they have little or no money to save for the future.
About 45...