Understanding Loan Terms

Understanding Loan Terms

  • Looking For A Loan? What Borrowers Should Know About Hard Money Loans

    The terms "hard money loan" or "hard money lenders" can be confusing to the average consumer who is interested in borrowing money. Simply defined, a hard money loan is just a way to borrow money without going through a traditional lender or mortgage broker. Instead of using credit scores and histories to determine whether to grant the loan, as traditional lenders do, hard money lenders focus their lending decision on the value of the collateral the prospective borrower intends to use to secure their loan.

  • Four Ways To Get The Financing You Need To Expand Your Small Business

    One of the hurdles a successful small business owner faces is getting financing to take their company to the next level. If you find yourself in this situation, there are several options that you may be able to take advantage of. The following are among the most important. Get a business loan from your bank This is obvious, but there are a few things you should know. The first is that you need a business plan that clearly explains your objectives—a plan that explains how the money will be used and how this will result in increased revenue for your business.

  • Need Some Quick Cash? Consider Using A Pawn Shop For Assistance

    If you are in need of some quick cash, your best bet may be to head to a local pawn shop with a valuable item. However, you do not need to have a vintage baseball card collection to use a pawn shop. Here is what you need to know about pawn shops, including how they work and what items are worth pawning. How Pawn Shops Work If you've never been to a pawn shop before, you may be unfamiliar with how they operate.

  • Make Your Life Easier By Using These Three Bail Bond Services

    Although it's much easier to pay bail ordered by the court using a bail bond company like HB Bail Bonds, actually going through the process of bailing a defendant out of lockup can be a chore. To minimize the amount of time and effort you need to invest in getting your loved one released, look for a company that offers one or more of these services. House Calls Bail bond agents can provide a lot of information over the phone, but in most cases, you still have to visit the office to sign the paperwork and pay the required fee.

  • Three Reasons To Get A Personal Loan For Your Wedding Dress

    Wedding dresses are often the focal point of any wedding. Every woman desires to look special on her wedding day. Going to a dress shop and being able to try on dresses is already a special event that many engaged women share with their family and friends. Some brides also purchase a dress then have it tailored to their specific needs. No matter which way you plan to get the perfect dress, having the perfect dress is necessary to feel like a happy bride.

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    About Me
    Understanding Loan Terms

    When was the last time you realized you were in the red financially? Although most people don't think about their finances on a day to day basis, it can be easy to find yourself living paycheck to paycheck if you aren't careful. I began thinking carefully about the financial implications of some life decisions I was making, and I knew I had to make a difference. I talked with a loan officer about getting things together, and he was instrumental in helping me to work things out. Read more about my financial successes and failures on this little website. You might be able to avoid some of my previous mistakes.