It used to be the first choice of most borrowers, because since the total payments are spread over a longer period of time with the interest rate set for the entire time of the mortgage. 30 year home loan rates are an industry standard but is it the right choice for you? The 30 year [...]
Recent Legislation Creates Additional Confusion About Availability of Private Student Loans Amidst a still-struggling economy and confusion in the market over recent student loan legislation, SimpleTuition, Inc. explains that college financing options, including private student loans, remain readily available. The student loan provision in the recently passed Health Reform Act took private banks out of [...]
Low-income families are being forced to pay back 1.85bn pounds Sterling after the government made overpayments to 1.6 million people through the benefits system. It is believed that thousands of people, many of whom are already in debt, will have to seek financial assistance in the way of debt consolidation and even bankruptcy. A Commons [...]
Each year starts with lofty goals, but resolutions are hard to keep. Rather than attempt a lifestyle change overnight, set small, attainable goals. Here, SmartyPig offers five super easy resolutions anyone can use to put finances on track: Know your credit score Good credit is the foundation for achieving financial goals. It’s crucial to stay [...]