Don’t give in.  We repeat: don’t give in.  No matter how much you love that aunt, daughter, best friend, or your parents, you should never cosign on any of their loans.  We have yet to hear a story about a positive cosigning experience. What’s the Big Deal? When you cosign loans, you assume responsibility for  … Read more

Here’s a classic scenario for you: you’re living from paycheck to paycheck with no savings and very little in your checking account when suddenly you become too sick to work for a week, and your next paycheck is only half of what you need to live on.  In order to make up the difference, you  … Read more

If you are recovering from bankruptcy, you might be surprised to hear any suggestions relating to loans.  However, the financial world can be an odd place.  If you’ve gone through the bankruptcy process, you know this as well as anyone.  So, don’t be surprised by this little piece of advice… taking on small loans after  … Read more

Many people are concerned about taking on loans they can’t afford, especially if they have experienced a bankruptcy in the past.  Unfortunately, many more people are not concerned about taking on loans they can’t afford.  The latter group of those two is far more prone to bankruptcy.  However, it doesn’t always have to be that  … Read more

Do you want to help your family through thick and thin and give friends a hand?  Great!  Are you thinking about cosigning on your good friend or family member’s loans?  You may want to think twice about doing so, so that you can protect your personal finances to the best of your ability. Why It’s  … Read more

Cosigning alone can seem like a fairly reasonable proposition on the surface.  There are a number of situations you might face where family members or friends take on loans, need cosigners, and come to you for a signature.  Don’t do it! When you cosign a loan, you become responsible for the debt.  If you need  … Read more

Severe weather season has taken its toll on the south and Midwest in recent weeks. With hundreds of families without a home and many more in the middle of surveying their damaged property, finding the money to rebuild isn’t always easy. Even with the help of homeowners insurance and government programs like FEMA, many families  … Read more

Contrary to popular misconception, getting credit or loans after bankruptcy isn’t impossible. Although the process may be a bit more challenging than someone with perfect credit and financial history, there are plenty of creditor willing to lend post-bankruptcy. The trick is knowing how to present yourself and what type of loan to look for. Getting  … Read more

You may have seen advertisements on television for legal finance loans and wondered what they are all about. Offering to provide you with the money needed for securing a  lawyer to pursue a lawsuit in exchange for some of your settlement funds, many people may find this to be an enticing deal when they can’t  … Read more

Getting a car loan after filing for bankruptcy is not as impossible at it may seem. Although there are additional challenges that come with loan applications after bankruptcy, it actually has very little to do with the bankruptcy itself and more to do with how debts were handled prior. There are, however, a few considerations  … Read more