3/13/2017

Lending Club Small Business - Fast, Affordable Business Loans

  • Business loans from $5,000 to $300,000
  • Quote in under 5 minutes, funds available in as little as 48 hours if approved
  • Total Annualized Rates starting at just 8%
  • Never any hidden fees or prepayment penalties

3/01/2017

Financing a New Car

Unless you're among the minority of people who pay cash, you need to quickly become an informed consumer on the subject of financing if you're considering buying a new car. For most new-car buyers, one of the biggest costs of purchasing a new car is interest on the loan that makes the purchase possible. But there are a variety of ways to finance a car, and knowing your options can help save you money.

Refinance Rumors

'Always go with a fixed rate mortgage (FRM)'
The other day, Roxanne approached me saying that she was going to refinance to a 20 year FRM. When she told me that she only planned on staying in the house for about 5 more years, I was shocked. 'Have you considered refinancing to an adjustable rate mortgage?,' I asked.

She told me that her husband thinks ARMs are too risky and that he heard that he should always go with a fixed rate mortgage. I explained that the decision to choose between an ARM or FRM really depends upon the circumstances and that sometimes an ARM really can be the right type of loan to refinance to.

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