Rick Newman has the perfect title for this article: New Thanksgiving Tradition: Never Stop Shopping. Perfect and, yet, sad. If you have other financial goals than blowing money, you can call a hiatus on the holiday gift-giving. Our family did and so far no one has died. The kids will get gifts; adults will take
The two of us were talking last night and agreed that fundamentally, owning and renting real estate is still a good investment when it’s done by “traditional means”. What are traditional means? Buy a diamond in the rough in a good location (walkability, schools, transportation, etc.) Putting 20%+ down on a loan Getting a loan with
In addition to going directly to Experian, Transunion Equifax and Credit.com, you can now go through FICO Score Open Access Lender to request your credit score information. Open Access will highlight the “two most important factors impacting your credit score”, which is helpful if you’re trying to improve your credit score. Before applying for any
Learn how owning a home may reduce your car insurance. Home ownership demonstrates a sense of financial maturity, thereby calculating that you’re not a risky customer. As always, do your research and shop for rates. Be money conscious and smart.
all been there. We walk into a bank to
apply for a loan, such as a home or car loan.
We barely walk in the door and the greeter says with a friendly smile,
“How may I help you?” After we share why
we’re there, the greeter says, “Let me get someone to help you.” After a few minutes and enough time to make
you think the person you’ll meet is somewhat important, the banker comes around
the corner, introduces themselves and says, “I hear you need help with a
loan. I can assist.” We walk into their office where they offer
coffee and donuts and we start discussing needs, loans, terms and
conditions. Throughout the process the
banker is friendlier than our best friend.
Once we sign the loan agreement and receive the follow up information in
the mail, the relationship seems to change.
Most of us typically dream about driving a nice car. It seems that Americans especially have always had an affair with their cars. We have been barraged with images of vehicles from the time we are children into adulthood in toys, cartoons, posters and every other commercial during a typical Sunday football game.