âGood debtâ seems like a bit of a misnomer. After all, debt is debt; it can destroy your credit score, reduce your chances of getting a house or a car and generally make life very difficult for you. But it does exist. Think of it this way: A loan of $500 is always going to […]
Good Debt vs Bad Debt: Whatâs the Difference? is a post from Pocket Your Dollars.
SoFi â short for Social Finance, Inc. â started out doing refinances for student loan debts, but have expanded into mortgages and personal loans. And beyond lending, they now offer wealth management and life insurance. Based in Healdsburg, California, and founded in 2011, SoFi has funded more than $25 billion in loans to over 425,000 […]
The post SoFi Review appeared first on Good Financial Cents®.
Q. I need a car loan, and Iâm thinking of using my home equity instead of taking a loan with the dealer. How can I decide which is a better deal? A. There are pros and cons to every borrowing situation â including the strategy of using the equity in your home to buy a… Read More
The post Should I Use My House to Finance a New Car? appeared first on Credit.com.
Debt consolidation is one of many debt relief options that can improve your financial situation. It is often mentioned in the same breath as debt management and debt settlement and in many ways serves as the middle ground between these twoânot as drastic and potentially damaging as debt settlement, but a little more so than […]
Effects of Debt Consolidation on Credit is a post from Pocket Your Dollars.
It seems logical that buying a used car would be generally more affordable than buying a new one, but that cost gap has grown recently, making used cars increasingly appealing to budget-minded consumers. The difference between the average monthly payment for a new car and that for a used car was $122 in the second quarter of… Read More
The post The Average New Car Payment Is Inching Closer to $500 a Month appeared first on Credit.com.
Want the latest update on the Phoenix area housing market? Homie’s got your back! Click here for the latest data.
The post Homieâs Greater Phoenix, AZ Housing Market Update July 2020 appeared first on Homie Blog.
AppraisalVision is looking to expand its mortgage and appraisal teams. The tech start-up has brought in chief product officer Jacob Eland and J.R. Herrington, vice president of strategic accounts, as part of a hiring spree. Eland, who brings two decades of appraisal and collateral underwriting expertise, will focus on enhancing AppraisalVision’s SMART product line. The industry … [Read more…]
Many people opt to lease their car instead of buy it because of some of the conveniences that can come with this option. And a new program from Ford could be taking this a step further with its car share program. Ford Credit Link, which is running its pilot program in Austin, Texas, makes it possible… Read More
The post Would You Share a Car With Friends? A New Ford Program Thinks So appeared first on Credit.com.
Yes, home equity lines of credit (HELOC) can have an impact on your credit score. Whether that impact to your credit score is negative or positive depends on how you manage your HELOC. It also depends on your overall financial situation and ability to make timely payments on any amount you borrow via your home equity line of credit…. Read More
The post How Does a HELOC Affect a Credit Score? appeared first on Credit.com.
Want to make more money this year? Here are some things to consider.
The post 5 Ways to Increase Your Earning Potential This Year appeared first on Discover Bank – Banking Topics Blog.