Paying for car fixes with auto repair loans sounds like a good idea. But with just any good thing that exists today, negative circumstances are an inevitable part of it.
Even the most attractive terms don’t make paying for them any easier. Yet, if you need $500 for a new alternator or $4,000 for the entire transmission, auto repair financing is a more hands-on approach.
We know visiting the dentist is not your dream but there are many situations when it is necessary and inevitable. Apart from being unpleasant such visits are usually quite expensive.
According to a recent report by the Federal Agency for Healthcare Research and Quality, the costs for dental financing have increased by 23% over the last ten years. The majority of medical plans don’t come with dental insurance. That is why you need to think about dental financial assistance yourself.
Whether you like it or not, but the sad reality is Americans are notorious spenders.
For 28 percent of adults who have no emergency fund, getting into the habit of applying for personal loans has become a norm. Imagine, you lost your house in a fire or faced the need for a car engine replacement.
The scary reality, right? The last thing you want to end up hundreds of thousands poorer overnight.
There is no problem is searching for a financial advisor. It’s much more challenging to select the right person who will be well-qualified to help you overcome any financial difficulties. A financial advisor is a person in charge of helping people to manage their money, make the best investment decisions, and pursue their financial aims.
However, there are several types of professional advisors, and each financial planner has its own peculiarities. There is no one-size-fits-all so you need to take into consideration the following tips and questions to ask a prospective certified financial planner.
If you have a loan default, it means that you have a halt in making loan payments. What does it mean for you as a borrower? Well, nothing great. In fact, it can hurt your credit and allow a lender to contact credit bureaus. So, if you think that a miss in payment will occur in the nearest future, find out your potential options.
Indeed, things happen and none of us is safe from the worst-case-scenarios. And when you feel that you may default on a loan, take preventive actions.
It’s dismaying to hear that people still ask questions like ‘Can a loan company take you to court?’. Even if it’s not common, it can absolutely sue you.
This is hardly a secret that in order to avoid difficulties, you should always pay your statement balance in full, every month, without exceptions. Do you plan on using your payday loan the correct way? Great, then a collection agency is not a concern for you. Otherwise, it’s more likely that you risk putting in front of a judge.
In the land of credit scores, FICO rating is king. Many of us, in one of these fine days, have done something in the heat of the moment that adversely affected their credit rating. Now you may find your head spinning on how to minimize that negative impact.
Well, is there anything you can do to raise it quickly?
Your credit score tells whether you are good at borrowing money and paying it back. All in all, having a healthy score is always good. One thing to remember here is that good credit scores follow good financial habits. In its turn, saving and planning will do far more for you than a good credit score. Yet, if you’re still thinking about ‘How to increase my credit score?’, the time is now.