You can pay off your car loan faster using several strategies, including refinancing your car loan, making biweekly payments, putting money toward extra lump-sum payments and canceling add-ons. They are faster ways to get rid of your auto loan if you want to get rid of it quickly. You can pay off your car loan … Read more
Having debt in collections is an unfortunate reality for millions of Americans — especially those who are struggling with unexpected financial hardships. But while facing a debt collection issue may be common, it can also have a big impact on your finances, and receiving calls, letters or lawsuit threats from debt collectors can also be … Read more
Congratulations! Making that final mortgage payment is a huge achievement. But before you celebrate too hard, there’s one more important document you need: a Deed of Reconveyance. Don’t worry – we’ll explain everything you need to know in simple terms. When you take out a mortgage to purchase a home, the lender places a lien … Read more
A personal loan comes as a lump sum of money that you can use for almost anything. Your payments will be the same each month, and you might still qualify with less-than-perfect credit. Still, personal loans aren’t always the cheapest way to borrow and they don’t make sense for ongoing expenses. Knowing the pros and … Read more
Getting a mortgage when you have a lot of debt can be scary, but it is possible if your overall finances are in good shape. Here, I’ll talk about how lenders judge debt, what you can do to improve your chances, and when you should talk to a mortgage adviser. How Lenders View Debt When … Read more
This is a normal part of the debt collection process. It applies to most common types of consumer debt including: Having a debt in collection on your credit report can be annoying, even if you’ve already paid it off. Collections can hurt your credit score a lot, which can make it harder to get loans, … Read more
Paying your mortgage every month is an essential part of being a homeowner For many people, having the mortgage payment automatically withdrawn from a bank account can be a convenient option. In this article, we’ll look at how automatic mortgage payments work and the pros and cons of setting them up How Do Automatic Mortgage … Read more
Sales Ledger Control Account is a summary account which checks the arithmetical accuracy of the Sales Ledger. With this, we can quickly check if the general ledger balance for the sales ledger matches the sum of all the trade receivable accounts in the sales ledger. The Sales Ledger Control Account is like a “T-Account” or … Read more
There are no restrictions on having multiple car loans. You can have two car loans at the same time, as long as youâve been approved for them on the basis of your credit, income and other factors. You can have two car loans. That being said, you can have as many car loans as you … Read more
People think that having a black card is the height of luxury and status when it comes to credit cards. But how rich do you have to be to join the exclusive black card club? Let’s take a closer look. What Is a Black Card? A “black card” is a type of credit card that … Read more