by John Prager | Jul 29, 2022 | Tools & Resources, Virtual Reality
Checking your Experian credit report is an essential step in finding out if you are a victim of identity theft. About 15 million Americans have their identities stolen each year. Simply put, that’s about seven percent of adults. Not only does identity theft...
by Sarah MacManus | Jul 22, 2022 | Foreclosures, Tools & Resources
If keeping up with payments on your dream home is difficult, and you don’t know where to turn, you may want to consider a deed in lieu of foreclosure. Foreclosure is an unpleasant experience that no homeowner wants to face. Luckily, some alternatives are available...
by Sarah MacManus | Jul 15, 2022 | Credit, Tools & Resources
Many working families have fallen into financial hardship under the changing economy. As a result, some have turned to credit counseling services to get out from under mountains of debt. Credit counseling can be a critical step toward recovery, but it can also impact...
by Jody Hanson | Jul 8, 2022 | Borrowing
Simply defined, installment loans are when people borrow money to buy an item they don’t have enough cash to purchase. Most folks don’t have sufficient money in their savings accounts to buy a car, a house, or a boat. So instead of saving and waiting, they take out an...
by John Prager | Jul 1, 2022 | Borrowing, Student Loans
With students preparing to go to college in the fall, many are worried about how they will pay for it. For some, the FAFSA, or Free Application for Federal Student Aid, is the only hope of affording higher education. CNN reported in 2017 that even families making more...
by Borrowing Better Staff | May 1, 2018 | Borrowing, Business, Consolidation, Credit, Homes, Student Loans
It can be hard to know if you are getting a good deal on your loan. Here is everything you need to know about amortization and loans, so you’ll never pay too much. What is loan amortization? Despite the technical name, an amortized loan is a common loan type...
by Borrowing Better Staff | Apr 23, 2018 | Borrowing, Homes
We’ve all heard of Fannie Mae, but who is she? In a nutshell, “she” is an American government-sponsored enterprise (GSE) that specializes in housing loans and secondary mortgages to potential homebuyers. Her proper name is the Federal National...
by Borrowing Better Staff | Apr 20, 2018 | Short-Sales
If you were to scan MLS listings in many parts of the country, you might not even know that the real estate market (and the whole economy) was in free fall only ten years ago. In many cities, especially, the housing market has not only recovered, but has returned to...
by Borrowing Better Staff | Apr 16, 2018 | Short-Sales
In the wake of the real estate market meltdown and freefall of foreclosures in 2008-09, many homeowners, lenders and mortgage servicers quickly became very familiar with the ins and outs of foreclosure. For many, they found the short sale to be one of the last-ditch...
by Borrowing Better Staff | Apr 12, 2018 | Trends
Back in 2008 and 2009, everyone thought the world was ending when it came to the housing market. The housing market crash meant a wave of foreclosures across the country and plunging real estate values that left many homeowners underwater. When home prices went down,...
