What is a secured debt, and how does it affect you? A secured loan is one of the best ways to obtain credit, but there are a few things to remember. A secured loan is a loan in which the borrower pledges a secured asset as security. This asset is then used as collateral and becomes a form of debt owed to the creditor. However, there are many different types of secured debt. … [Read more...] about What Is Secured Debt and How Does It Affect You?
Money Management Tips
Wells Fargo Loan Calculator Helpful Hints
A Wells Fargo loan calculator can help you make the most informed decision possible when you're looking to borrow money. While these calculators can help you estimate the monthly payments, they can't give you legal or tax advice. This calculator is intended for general information and educational purposes only. Your actual loan terms and conditions will depend on various … [Read more...] about Wells Fargo Loan Calculator Helpful Hints
No Debt – What Does it Mean?
You have probably heard of people who have no debt. However, what exactly does no debt mean? A debt is something that a debtor has to pay to the creditor. Unlike an immediate purchase, debt is a deferred payment. Debts are similar to loans and credit card balances. Regardless of the source, you must pay them back eventually, even if it is not immediately. Here are the … [Read more...] about No Debt – What Does it Mean?
Student Loan Consolidation Calculator
A student loan consolidation calculator can help you determine how much you can save with a consolidated loan by considering your current balance, interest rates, and term. Entering this information will give you an idea of how much you can expect to pay each month. A student loan consolidation calculator can help you see if this is a realistic goal for your finances. It's … [Read more...] about Student Loan Consolidation Calculator
What Can a Debt Advisor Do For You?
A financial debt advisor can guide you through the maze of loans and debts. A financial advisor helps you create a plan to repay your debt while improving your financial control. A good financial planner will take a holistic approach to your financial situation and can suggest ways to increase your earnings. For example, a good debt advisor can help you get a larger tax refund … [Read more...] about What Can a Debt Advisor Do For You?