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What to Do When You Are Turned Down for a Mortgage

What to Do When You Are Turned Down for a Mortgage

If you are interested in buying real estate but had your application for a home loan rejected, you have options. Plenty of them. Of course you can ask the lending institution why they put the kibosh on your application but they won’t likely tell you the complete story because they are afraid you’ll sue them. [...]

Obama’s New Student Loan Relief Plan – How Much Will It Help?

Obama’s New Student Loan Relief Plan – How Much Will It Help?

Will You See Any Relief? Today, the President reveals some changes to existing student loan provisions that were put forth in recent years. The aim is to ease the burden that many recent graduates face: substantial student loan debt, high monthly payments, and little income. Obviously, student loan debt is a major problem in this [...]

Should You Co-Sign a Loan?

Should You Co-Sign a Loan?

Let’s say you are approached by a friend or relative asking you to co-sign a loan. Obviously, they assume that they will make good on their loan, pay it in full, and you will never have to worry about it. Being the nice person that you are, you are likely to oblige. But wait! Before [...]

The 7 Biggest Money Problems Most People Have

The 7 Biggest Money Problems Most People Have

These Money Problems Can Prevent You From Building Wealth Building wealth is a part of the American Dream. We’re told that through hard work and seizing opportunities we can lead successful, healthy, and wealthy lives. But building wealth isn’t important just for the sake of having money. In fact, it’s almost a requirement these days [...]