The Borrowers

Hammurabi’s code The world's first laws were written by Hammurabi. He was a powerful righteous leader who ruled Babylon for 42 years about 4,000 years ago. Hammurabi had a great empire that was about 350 miles in length, so he needed something to keep his people in line. He carved a code of laws on a giant stone pillar-like object called a stele. (BGE) Hammurabi's code: was it just? Hammurabi’s code was not just because it treated classes differently when applied to families, property laws, and…

Many external factors can play its part in reasons for home foreclosure, but if it happensto you, you need to be prepared with the best option to get you back on your feet. Your home has just been taken away from you… What will you do to get you and your family back in a home? The most effective option is to Rent-to-own. Renting to own will be one of the quickest options to get you back in a house that could potential become a home with no long-term obligation. Renting to own would be one of the…

Renting Versus Buying a Home For many in the United States, homeownership is part of the “American Dream”, a subjective notion. Financially, this does not always make sense. This paper looks at the advantages and disadvantages of renting versus owning a home and explores the importance of performing a title search before entering into a purchase and sale agreement to buy a home. Advantages of Renting Career choices, family structure, health, and age drive personal financial planning. These same…

Bond Valuation Bond is one of the long term-liability. It is a type of debt or promissory note issued by the borrower that promising to pay its holder a predetermined and fixed amount of interest at fixed interval (6 months, 1 year) and pay the par value at maturity. Bond also is referred to as public debt because they can be traded in the public financial markets. Bonds can be classified in a variety of ways. There are unsecured and secured bonds. The unsecured bonds include debentures,…

Why an FHA Financing is a Great Option Even though today's mortgage rates continue to be low, there are many buyers not able to qualify for home loans. Past credit histories, student loans, and other issues pose roadblocks that are difficult to overcome. However, one option buyers can use to finance a home is an FHA loan. If you've been told you don't qualify for a conventional loan, it may be time to carefully explore the many advantages of an FHA 203(b) loan. Credit Scores, Down Payments,…

furthering their education if they were not so much debt that comes along with it. The debt is not affordable and is a lifetime payment. Statistics say that Americans owe nearly 1.3 trillion dollars in student loan debt, that is about 44 million borrowers. < https://studentloanhero.com/student-loan-debt-statistics/ >. An example, student loan debt outnumbered credit card debt in 2010 and auto loans in 2011, passed the trillion mark in 2012. College students must borrow money to pay for…

Research Paper In the last decade there has been a significant spike in student loan debt. Within the recent years there has been an increasing number of Americans whom are overwhelming burdened by student loan debt than ever before. Statistics show that Americans owe nearly $1.3 trillion dollars in student loan debt alone. The process of borrowing loans to assist with the cost of postsecondary education in the US has recently become a normal occurrence throughout this past decade. Student loan…

Today establishing a good credit score is an important quality for young adults to start and continue to build. Building credit is like a building a foundation for a house. Without a good foundation, the rest of the house will not be able to withstand future destructions. Similar to the foundation of a house, young adults need to build good credit, so it can support their future finances. For young adults seeking to build a good credit, Credit Unions are a helpful resource in providing…

I am Richard (Rich) Barker, I live in Granbury TX, just outside of Fort Worth. I have a passion for history and learning from scholars who provide both sides of an argument. To learn and understand our nation’s history and hopefully apply that knowledge in my future endeavors as a history teacher. Was the “Age of Jackson” truly the “Era of the Common Man?” This depends on your point of view. When viewing the ruling brought down from the courts during this time, not all of the common man…

effective due to time lags, time needed to recognize and time for the policy to take place. Also, it might not be as effective in a deep recession, because in a severe recession banks might be unwilling to increase their lending due to fear that borrowers might not be able to pay the loans…