Articles
What Is LIBOR?
LIBOR stands for London Inter Bank Offered Rate. It is a very important interest rate that is used to track
3 Minute
Category: Articles
Articles
Will rate shopping for a car loan hit my credit score?
When car-shopping, it is natural for most people to visit several dealerships and check out different cars and ask for
2 Minute
Articles
What is Chapter 11 Bankruptcy?
Under US laws, Chapter 11 Bankruptcy is filed by a corporation or an individual who wants to reorganize their business,
2 Minute
Articles
China’s 586 billion dollar stimulus plan
Countries all over the world are facing the brunt of the current financial crisis. Everyone is taking measures that suit
3 Minute
Articles
What is a first mortgage and a second mortgage?
A mortgage acts as a security to the lender against default. This means that if you take a loan and
1 Minute
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What is the difference between an ETF and an Index fund?
The Big Difference The main difference between an Exchange Traded Fund (ETF) and an Index fund is that an ETF
2 Minute
Articles
What should I look for in a home equity line of credit?
When looking for a Home Equity Line of Credit, there are several factors that you need to consider. These include
3 Minute
Articles
Should I take a home equity loan?
Home Equity Loan is a lump sum loan taken out on your home equity. Home Equity Loan is a second
3 Minute
Articles
What is Home Equity Line of Credit?
Home Equity Line of Credit is like a credit card loan. That means that you can borrow money up to
2 Minute
Articles
Will I be sued for credit card default?
The short answer to this is Yes. Even though credit card debt is not secured debt, you can be sued
3 Minute