Auto Financing Options for Budget-Conscious Borrowers

April 5, 2014

Car loans are offered for the purchase of new and used vehicles. They are offered by car dealerships, banks, and credit unions, and the terms, interest rates, and repayment options vary. Terms and Criteria Borrowers can choose from secured and unsecured auto loans with a fixed or variable interest rate. Secured loans come with a […]

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Benefits for Credit Line Holders

April 1, 2014

There are different types of credit lines, offered to individual borrowers. A cash credit is one type of LOC that allows borrowers to withdraw funds on a constant basis. Features and Criteria   Financial institutions offer products with tax-deductible interest and no annual fees, closing costs, and appraisal fees. LOCs offer many benefits, but banks […]

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Consolidation Application Process

March 30, 2014

One of the benefits for borrowers is that they are offered a single loan to pay off multiple debts. Borrowers make one payment instead of having to worry about multiple deadlines and monthly payments. Consolidation is one option for borrowers with excessive debt. This is a way to lower the interest rate and improve your […]

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Loans for Adoptive Parents and Other Types of Assistance

March 25, 2014

Loans for Adoptive Parents and Other Types of Assistance Finance companies and non-bank lenders also offer adoption assistance to individual borrowers and families. Grants are also offered under different programs. The type of financing to choose depends on the costs. Financial institutions offer loans to customers who intend to finance the purchase of equipment and […]

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If You Want to Rebuild Your Credit Use Secured Credit Card

March 21, 2014

Secured cards require a deposit which is usually equal to the limit offered. Financial institutions require a deposit, but secured cards are sometimes the only option available to debt-ridden borrowers. The deposit amount varies from one bank to another and ranges from few hundred dollars to $3,000 or higher. Secured cards offer beneficial features, but […]

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Car Financing for New and Used Vehicles

March 15, 2014

Many people apply for loans to finance the purchase of a vehicle. Borrowers can choose from different options, including chattel mortgages, conventional loans, operating leases, finance leases, and others. Financial institutions offer unsecured and secured loans, and the latter require collateral. Short-term and Long-term Car Loans in Canada Early repayments are not allowed if you […]

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Scholarships, Grants, and Loans

March 11, 2014

Lenders usually require proof of identity, information about your household income, university, and more. The requirements for subsidized and unsubsidized loans are also different. The requirements vary depending on your status, i.e. whether you are a parent or student. Students are asked to present information such as their phone number and address, driver’s license number, […]

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Examples of Different High Interest Loans

March 1, 2014

Loan Associations Unsecured loans come in different varieties, but they share a common feature, i.e. collateral is not required. Borrowers can apply for different types of loans offered by banks, savings and loan associations, caisses populaires, credit unions, and other establishments. Consumer loans can be used for different purposes, including unexpected expenses or bills, vacations, […]

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Institutional and Parent Loans

February 25, 2014

You can choose from different options, including private and subsidized loans.Visit your student aid office and local bank to ask about different options available. There are different ways to fund your college education, including unsecured signature loans and peer to peer lenders. The type of financing to choose depends on your expenses. Loans under government […]

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Getting a Suitable Financing Option for Your Needs

February 20, 2014

You may find it hard to qualify for a loan with bad credit and get a favorable interest rate and terms. Borrowers can choose from different types of lenders, including brick-and-mortar banks and non-traditional entities. The type of loan to apply for depends on the purpose, i.e. whether you are a first-time home buyer or […]

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