Finance Globe

Did you know you have more than one credit report? In the United States there are three major credit bureaus – Equifax, Experian, and TransUnion. If a creditor, lender, or another business needs to review your credit to approve your application, they’re likely going to use your credit report from at least one of these credit bureaus. When you’re monitoring your credit, it’s important that you check all three of these credit reports, not just one...

Whichever reason you need a loan there are thousands of different choices to make before applying. The first of which is what type of loan to get, unsecured credit loans or secured credit loans. It's important to understand the difference between the two and how both can benefit or put you at a disadvantage. The first crucial decision is do you want a loan or a line of credit? What's the difference between them? A loan...

It may sound really easy to figure out mortgage loan companies, but the task is more formidable than most people expect. As you shop for your loan you may come across terms such as ARM, fixed rate loan, balloon mortgage, points, lock-in period, closing cost, prime rate and others. It's crucial to not only know what those terms represent, but to apply them to lenders. Rating mortgage companies means finding out what they are offering as...

Spouses, partners, or even relatives may, at some point, consider applying for a loan together. As with anything, there are pros and cons to applying for a loan with someone. It's important to think about the advantages and the disadvantages before you make a final decision. Applying together could help you qualify for a larger loan. Because you're applying jointly, the lender will consider both your incomes as means for repaying the loan. Two incomes means you're able...

The rising cost of prescription drugs is something that many people worry about. This is particularly true among those who are currently taking one or more medication as a means of improving their health. While you may have no choice but to purchase prescription medication on a regular basis, there are some basic steps you can take to save money. Here are some ideas to consider: 1. Search for a Generic Brand name pharmaceuticals are not...

​It usually isn't the greatest idea to take out loans when you have bad credit. The fees are insanely high and the interest rates are ridiculous. That said, I understand that sometimes people find themselves in a pinch and don't have many options. If you absolutely have to take out a loan when you have bad credit, this article might help you. The best personal loans for bad credit are the ones that are secured by...

It can be really difficult to know what to do when student loans don’t cover your full tuition. This can leave you in a very difficult position, especially if you don’t have parents that can help you out. You have a few different options if you find yourself in this situation. You should initially try to find out if you can get grants or further student loans. For example, if in the past you have only...

​If you are still paying off a fixed mortgage and haven't considered refinancing then you are losing out. Lenders have been offering new and greatly decreased rates for refinanced mortgages at any term. If you are only a couple years into your mortgage you may not believe that you can benefit as well, but the truth is that almost anybody can benefit from refinancing a mortgage in today's market. There is a reason that people have been doing...

As debts get older, they start to affect you less and less. The impact to your credit score isn’t as heavy and the likelihood of a lawsuit decreases, too. Eventually, old debts will drop off your credit report completely and they will no longer be legally enforceable. But, there are certain things you could do to reset the clock on a debt and give it more life. Unless you’re prepared to pay off an old debt,...

More than a few of the world’s richest people earned their fortunes by investing in the stock market. Many people never dip their toes into the stock market because they think they need a lot of money to get started. Not true. You can start investing with just a small amount of money. Even a hundred bucks can get you in the door and potentially get you some nice returns. Check your budget to determine how much...