Father’s Day will be here soon. Have you picked up anything for Dad yet?
Are you planning to take out student loans soon? Be prepared to pay more for the privilege.
Getting a personal loan online has grown into a multi-billion-dollar industry, with lenders ranging from individuals in peer-to-peer programs to big banks. Although countless Americans have been helped by the ability to borrow money without leaving home, others have hurt themselves by being ill prepared for the process. “Because the loans are being evaluated remotely, the chances of making a mistake are increased,” warns Todd Nelson, business development officer of LightStream.com, which offers personal loans ranging from $5,000 to $100,000 in value. Nelson reveals the five worst mistakes you can make when borrowing money online.
Buying a home will probably be the most expensive item you ever purchase… until you buy the next one. Finding the right home at the right price is always a challenge. Discover how other American homebuyers searched for – and found – their homes in the following infographic above, based on the latest report from the National Association of Realtors.
Act Before May 31 to Get Your Money Back Although Western Union has served as a reliable method for rapidly sending money over long distances since the late 1800s, the service is also used by scammers with increasing frequency. This has resulted the settlement of Federal Trade Commission (FTC) charges that Western Union had not been doing enough to protect consumers from these scammers. The FTC has tallied over 550,000 consumer complaints of fraudulent money transfers involving Western Union between January 2004 and August 2015.
Where You Can Make the Best of a Bad Credit Situation It’s no fun having a bad credit score. You pay higher interest rates for your credit – if you can get credit at all. You have little room for financial error. A small, unexpected bill can cause big problems. At least your hardships may not be as bad if you live in certain states. RewardExpert, a site that helps users optimize credit and debit card reward programs, examined factors that affect residents with poor credit – such as typical expenses, usury laws to limit predatory lending, and the status of debt collectors – and how those factors vary in each state. Where is bad credit more tolerable? Consumers with bad credit should avoid the coasts and stick to the Midwest – not surprising, given the typically high costs of living in coastal areas.