When you bought your home, you might have had a great job with great benefits, a company car, and maybe even an inheritance that helped you pay for the down payment. Now, your financial situation has changed. Maybe you got married or had a child,...
When someone buys a car, they usually take out a loan to pay for it. This loan is called a "secure loan," and the car is used as the loan's "collateral." This means that the lender can take the car back and sell it to pay off the loan if the...
If you live in the UK and have trouble paying your mortgage, you can get a lot of good advice from websites and groups. If you can't make your mortgage payments or are about to fall behind, don't stick your head in the sand like an...
Most people don't want to deal with foreclosure. When someone is at risk of foreclosure, they could lose their home. When a person stops making their mortgage payments, the last thing a lender can do is put the house up for sale. There isn't much...
If you are having trouble paying your mortgage, you know that there is no easy way out.
other debts that will give you so much trouble, stress, and worry. After all, you can live without cable TV, your nice new Toyota, and go back to...
The last time interest rates went down was in August 2005. They were set at 4.5 percent and stayed there for a year before going up by only 0.25 percent, which is a small increase but still a big one. This was the first of four times in a year...
People in today's world have different ideas about debt and paying it back. Some people will always have a very "lax" attitude about debt and paying it back, but the vast majority will take the matter very seriously. For example, if they own a...