Subprime is back! Well actually, it never really disappeared from the market. Instead, many subprime lenders also exercised more caution in approving this loans to borrowers. Subprime loans are still available to this day. Better days have come since the subprime housing crisis, But have we learned from our mistakes in the past? What Pulled […]
Put an End to Your Credit Card Debt Misery
It takes more than money to pay off your credit card debt. It requires motivation and determination to redeem yourself from a debt that’s spiraling down. In a study done by the NerdWallet last 2016, it was established that a household with a credit card debt has a debt average of $16,061. According to […]
On SUVs, Auto Financing and Subprimes
An SUV is one mean muscle machine. It has the power and function of a light truck but is handled like a family vehicle. Not to mention, sport utility vehicles are some of the most beautiful vehicles that exist today. Known for being tough and badass, this automotive vehicle is in a league of its […]
How Primes Affect Subprimes
Prime and subprime loans have a lot of differences. They are on the opposite ends of the spectrum. Though a subprime lender may set his own requirements, it can still be greatly affected by how prime loans are doing in the market. This is evident most especially on the rates subprimes take. Defining a Prime […]
Saving Yourself From Subprime Nightmare
To others, a subprime loan means redemption. To some, it is a nightmare. Subprimes have its pros and cons. And if you applied for one for the right reasons and with ample knowledge of what you’re getting into, you’d less likely be in a nightmare. A subprime loan is known to have very high-interest rates, […]
Unemployed? Here are Your Loan Options
Getting a loan is fairly easy. There are hundreds of lending and financing institutions who are willing to offer you the amount of money you need for competitive rates. If you’ve been a responsible credit manager in the past and have an excellent credit profile, getting a loan shouldn’t be a problem. But what about […]