Latest Finance Articles and Promotions

Bad Credit Loans from BadCreditLoans.com

BadCreditLoans.com Logo - Bad Credit LoansThere are many reasons why credit histories and scores are less than perfect over one’s lifetime. Missing a payment here and there, maxing out credit cards, or having an account find its way to collections status all put a severe ding in your credit report. Getting affordable financing for life’s major expenses is not an easy task when credit history is poor or lacking, but there are several lenders that work with borrowers with bad credit. BadCreditLoans.com has been providing loan options to individuals with spotted credit history since 1998 by connecting borrowers with lenders through its online platform.
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Posted on September 25, 2017 by Melissa

How the Equifax Data Breach Affects Business Credit

Business data breach collageIn 2016 alone, more than 15.4 million consumers were the victims of identity theft, a stark increase from the 13.1 million reported the year prior. Security and data breaches like the recent Equifax issue that impacted at least 143 million individuals across the United States, Canada, and the UK, are on the rise, leaving nearly anyone with a social security number and credit history at risk. Although the main focus of security compromises and stolen data is placed heavily on the individual consumer market, business owners are not excluded from these pressing issues.
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Posted on September 22, 2017 by Melissa

Santander Bank offering Home Equity Line of Credit with 3.24% Introductory APR for 24 Months

Santander Bank logoOwning a home can be a valuable investment, especially as the mortgage balance is paid down and the market value of the home increases. Homeowners can borrow against the equity built up in the property over time through a home equity line of credit (HELOC). As a flexible borrowing tool, a home equity line of credit can be used multiple times, up to the credit limit, for major purchases or debt consolidation. Before establishing a home equity line of credit, homeowners should review the terms and conditions to be sure they select best offer for them, and ensure they have the means to repay the amounts borrowed.
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Posted on September 21, 2017 by Melissa

Credit Cards Can Help Rebuild Your Credit

Man's hand holding blue credit cardOne very common reason associated with obtaining a credit card is the desire to repair a damaged credit rating. The most important consideration in this endeavor is to understand that this will take a significant amount of time. No matter what anyone tells you, there’s no instantaneous, magic recipe that can be used to improve one’s credit score. It’s as simple as that. However, there are a few steps that you can take, which will set you on the right track. One of them is choosing a credit card that is designed to assist you in this particular goal.
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Posted on September 20, 2017 by Henry

The Difference Between a Security Freeze, Credit Lock and Fraud Alert

Credit card with padlock and identity theft warningIn a world where security breaches of major companies are on the rise, it can be difficult to determine which identity theft measures are appropriate for specific circumstances. Checking your credit is one simple method to uncover identity theft, but it is reactive at best. Finding a fraudulent account months or years after it was established and used may require significant time, effort, and money to resolve the problem – and your credit score and history could be severely damaged. In order to protect yourself from credit mishaps that involve fraud, it is necessary to understand other steps you can take, including setting up a security freeze, a credit lock, and fraud alerts. Here’s how each works.
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Posted on September 19, 2017 by Melissa

Bank of America offering 2.99% Introductory APR on HELOC for 12 Months

Bank of America logoHomeowners who are fortunate enough to have built up equity in their primary residence can tap into that equity through a loan or line of credit (HELOC). With a home equity line of credit, major expenses like funding a child’s college, paying for home renovations or updates, or consolidating high-interest debt can be managed with more ease and less cost than alternative forms of borrowing. Before taking out a home equity line of credit against a home, it is important to understand the terms and conditions, the total cost of borrowing, and the requirements for repayment.
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Posted on September 18, 2017 by Melissa

Unfreezing Your Credit File when You’ve Lost Your PIN – Equifax, Experian & TransUnion

Security lock atop credit cards and computer keyboardIdentity theft affects millions of individuals each and every year, and experts suggest that the number of cyber attacks will continue to rise in the upcoming years. As cyber criminals get savvier in their methods, consumers can and should take certain steps to safeguard their personal information found online. When the need for new credit is not pressing, a credit freeze can serve as a weapon against identity theft.
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Posted on September 15, 2017 by Melissa

Oklahoma Central CU Offering $500 off Closing Costs with New Home Purchase or Refinance Loan

Oklahoma Central Credit Union logoThere are several financial factors that come into play when buying or refinancing a home which make the process more expensive than most homeowners realize. In addition to a down payment and moving costs for a home purchase, and lender fees for a refinance transaction, closing costs can add up to a significant expense. Prospective and current homeowners should consider these expenses when selecting a lender to work with, as many mortgage companies offer discounts to make the process more affordable.
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Posted on September 14, 2017 by Melissa

MidSouth Bank offering Home Equity Line of Credit with 2.71% Introductory APR for 6 Months

MidSouth Bank logoBeing able to borrow affordably is a benefit homeowners have when home equity has accumulated over time. Through a home equity line of credit, homeowners can borrow against the value of their home, up to certain limits, to help spread out repayment of large purchases or unexpected expenses. Many homeowners use home equity lines of credit (HELOC) to finance college tuition, consolidation of high-interest debt, or home renovations, all at a relatively low interest rate. Before taking out a new home equity line of credit, homeowners should understand the terms and the responsibilities they take on as a borrower, and shop around for the right equity loan.
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Posted on September 13, 2017 by Melissa

Supreme Lending offering Educators $800 off Closing Costs of a Home Purchase or Refinance Loan

Eductor Mortgage Loan Program by Supreme Lending logoHomeownership is a dream most people have at one point or another during their lifetime, but finding the dollars to make the dream a reality can be a challenge. For those in certain careers, like educators, coaches, and librarians, cash flow each month is often lower than individuals who work in other fields. With a lower income, setting aside money to save toward a down payment or closing costs for a purchase or refinance is a daunting task. Fortunately, there are mortgage lenders who work specifically with people in these career fields, offering several programs to make homeownership and refinancing less burdensome from a financial perspective.
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Posted on September 12, 2017 by Melissa