Are Car Loans the Next Financial Crash?

Many economists are predicting that auto loans could set Americans up for another financial crash. New cars cost an average of $35,000. That is a considerable uptick from the average several years ago – $31,000. Given that 86 percent of all Americans use a car to get to work, something wicked this way might be
Read more
No Comments

Want Affordable Auto Loans on Fast Cars? Get Furious About Fixing Your Credit and Start Today

If there’s one thing you can count on when you have good credit, are auto loans. And who doesn’t love the kind of fast and furious cars Vin Diesel pilots past tanks and submarines? Granted, good credit is not the same as good income. Nobody is selling you on the idea that good credit will
Read more
No Comments

Self-Employed and Want a Mortgage? Tough, But Not Impossible

If you’re self-employed and in the market for a new home, get ready for some extra challenges when you apply for a mortgage. Although you’re likely in better financial shape than most, that doesn’t mean lenders won’t make you jump through extra hoops. It’s hard not to take it personally, especially when you consider how
Read more
No Comments

How does a Rent-to-Own Agreement Work?

We hear the term “rent-to-own” often, but do you really understand what it involves and how it could work for you in purchasing a home? Rent-to-own, also known as a lease option, is a contract that allows renters to lease a property and, at the end of the lease (usually one to three years), have
Read more
No Comments

What Your Mortgage Lender Wants to Know

Applying for a mortgage loans? In order to get the best rates on loans and mortgages, you have to be able to prove to prospective creditors that you are trustworthy enough to re-pay your debt. And often enough, the basis of your credit worthiness comes long before you’ve even thought of applying for larger loans
Read more
No Comments

Bankrate: Should I transfer car loan to credit card?

The Credit Repairmen wants to provide our customers best practices and advice from like industries. This article was published on bankrate.com. There are two big advantages to transferring your car loan balance to a credit card — a lower interest rate and effectively paying off the lender. This could mean the lender will release the
Read more
No Comments

eHow Money: Understanding auto loans, loan rates

The Credit Repairmen wants to provide our customers best practices and advice from like industries. Buying a new car is a part of almost every family’s topics of discussion. Much of the time, these decisions are paired with financing this purchase, which almost always results in acquiring a loan. Most auto loans come as three,
Read more
No Comments

10 steps to buying a home

For first-time home buyers, it can be a little overwhelming to think of the process. Here are 10 basic steps you can prepare for as you start thinking of purchasing your first home. It’s a big investment, so research and get a financial adviser to help you through.           1. Define
Read more
No Comments

Introduction to Refinancing on Your Home

Nowadays, any relief from the stack of monthly bills that pile up can help. If you’re looking to find some relief from your mortgage, you may be considering refinancing. Investopedia defines refinancing as a business or person revising a payment schedule for repaying debt. Oftentimes, refinancing can get you a lower interest rate, lower monthly
Read more
No Comments