Personal finance

There are many reasons to get a personal loan, as many reasons as there are people in Spanish Fork. Everyone needs help with money from time to time and every loan is for a unique situation. You could need to pay your bill at MLH Heating and Cooling or you need to pay for car repairs at Dickerson Automotive. You might want to add on to your home or perhaps take a class at a local college. You are close to finishing your shift at Two Jack’s pizza. It’s hot in the kitchen and you throw pizza…

742… 506… collateral, it seems like just numbers and words but these numbers and words affect your life greatly. They have to do with credit. Building up good credit and learning the steps to take to make it that way is vitally important for making purchases in life. Your credit score is a three-digit number based on a person’s credit report. Whatever your credit score is will be what lenders look at to decide how likely someone is to be a responsible borrower. An excellent credit score is 750+…

After spending the summer working long hours at a minimum wage job, I quickly came to understand the value of money and how to budget. I had always been a very frugal person, but once I started earning my own money I became even more careful with my spending. I made sure I was absolutely positive anything I considered buying was worth my investment because to get more money meant using my valuable time. Though deciding whether to buy a new t-shirt is a whole lot different than deciding whether…

When you need money for a major purchase or to pay for an emergency expense, the last thing you want is to be held back by a bad credit score. For more than 10 years, 1st Choice Financial has helped people in Washington Court House, OH and the surrounding area get the money they need to pay for unexpected emergencies. Below, they explain five tips for improving your credit score: Pay Off Debt: The most effective way to improve your credit score is by paying off debt, especially debt owned by…

you can make the choice of either keeping the product or property and pay off your debt in some other way. When a debt is secured, the creditor has rights in the security (or collateral) in addition to the rights against the debtor. The debtor's personal liability may be discharged in Chapter 7 while lien rights in the collateral pass through bankruptcy unaffected unless they are avoided or stripped down. In Chapter 13 bankruptcy, you are allowed to keep the merchandise or property, but you will…

Good FICO® scores make it easier, and less expensive, to finance large-ticket items like cars or houses. That is why it’s so important to understand how your FICO score is calculated and what you can do to make it better. There are five different elements that make up your score, and they take into account both positive and negative information in your credit file. Another important thing is that some are weighted more heavily than others. Let’s take a look at each: 35% payment history…

Unit 3: Instructor Graded Assignment Interest and Loan Concepts Unit 3 focuses on interest and loan concepts covered in your reading of Chapter 11: “Simple Interest and Simple Discounts.” You must show your work at all times. The steps for solving each problem must be explained. Failure to do so could result in your submission being given a 0 grade. If you have any questions about how much work to show, please contact your instructor. Assignments must be submitted as a Microsoft®…

In a time of financial crisis, more specifically post foreclosure crisis, struggling individuals who are either unemployed, have low income, or are in the process of recovering from bad credit, are pondering about ways they can leave their current checkered state and attempt to re-enter the world of home ownership. In addition to getting hit by the foreclosure crisis, according to Les Christie from CNNMoney, some ex-homeowners who were in the process of rebuilding their credit score got hit…

TIP 25 Cut the Cards! “If you don’t want to buy it with your own money, you don’t need it.” ~Unknown By now you’ve figured out that one of the major themes woven throughout this book is getting out of debt—I write about it quite a bit even in the sections not dealing directly with money. Debt is one of the biggest problems facing modern families—a true American crisis—and yet so many people don’t seem to feel any urgency to do anything about it. Dare to be different and do something others…

Faller, Benjamin D. “Payday Loan Solutions: Slaying the Hydra (and Keeping it dead.) (Cover Story).” Case Western Reserve Law Review 59.1 (2008): 125-160. Academic Search Complete. Web. 1 Apr.2015. In the Article “Payday Loan Solutions: Slaying the Hydra (and keeping it dead,) (Cover Story,)” Benjamin D. Faller begins his article by giving a different back-story as to how payday lending or is critiqued. Faller writes his article to focus on the “larger scale” (126) of payday lending because he…