Category: Banking

We understand that completely; nobody likes paying interest, neither do we. It’s an emotional hot button for any business person when financing equipment or acquiring working capital. They feel it’s like money thrown away into thin air… or is it? Interest is the price you pay when using someone else’s money to finance something. So…

Hard money loans are a common way to fund a real estate project. In many cases, these loans can be used to buy properties that banks won’t finance because of their riskier nature. However, if you default on one of these loans there will be consequences. This article discusses the repercussions of not paying back…

In our previous articles and apart from God, whom we call upon from time to time to help our economy, we come up with the new approach of needing a magician (and we quoted Houdini as an example) to help us out. It is beyond us how we are going to get out from all…

As a conservative or right-leaning gentleman, I can sniff out leftist propaganda quite easily, and mind you, that’s not so hard, considering it is virtually everywhere in our society and has infiltrated our corporations, government and even our own families. Yes, everyone has their point-of-view (POV) on politics and that is perfectly acceptable – except…

If we had workable, crystal balls, wouldn’t it be easier to predict trends, and what, the future, would bring? However, since most have not found, their personal version of a reliable form of these, it might make sense, to better understand, some of the signs, and omens, which might be useful, in providing us, with…

If you want to get approved at the best possible terms when buying a car, it’s important you know a car lender’s credit guidelines before you apply for credit…especially if you’re bankrupt. It will save you time and frustration–but more importantly, it will help you avoid credit inquiries that may lower your FICO credit scores…

Since, we don’t have a crystal ball, it is impossible to predict, accurately, the future! This is especially true, when, it comes to economic issues, including investment, real estate, interest rates, inflationary pressures, government actions, international factors, etc. What are the ramifications of inflation, recession, interest rates, Federal Reserve Bank decisions, etc? How can one,…

In the last, half – century, or so, the amount of, and number of people, using some sort of personal credit, has significantly, grown and increased! Although, credit reporting agencies, freely, publish, how the calculate, one’s score, many appear to be, confused about, what is needed, and necessary, to protect, and improve, yours! It is…