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Investment benefits of multi-family loans

The requirements for the mortgage on personal housing are slightly different from typical individual mortgage. In order to qualify for a multi-family loan the purchasing property must have at least four units. Prepare yourself to pay at least 25-30% worth of down payments and keep in mind that the amount of down payment may increase if the property is in poor condition and requires serious repair works. Application process The document package will be impressive, because you will need to..

Loans to single mothers: opportunities to get quick help

Plenty of emergencies may demand additional money injections when you bring up children by your own. Fortunately, the U.S.

Typical myths about credit card benefits

Student loans and tax deductions: benefits and restrictions

If you borrowed funds to finance the individual or children’s education, bad news — you cannot apply for a tax return regarding the principal of the

How to sign up for automatic bill repayments and why?

The contemporary world of accelerating technological development requires us to be as dynamic, as possible. Every routine that can be automated

Tips to protect your bank account from fraud

Constantly improving banking technologies provoke сonstantly improving types of frauds.

Second mortgage: advantages and pitfalls

Over time, the cost of your mortgage housing can grow significantly and this higher value can be used as a collateral to take the second mortgage (

U.S. celebrity bankruptcies

Nobody is perfect and bankruptcy is a procedure familiar to people with any level of prosperity. Let’s take a look at celebrities who struggled with

Why banks reject loan applications?

Let’s try to take a look at credit process from lender’s perspective and consider the most typical obstacles. Plenty of reasons may force lenders

Ways out of zero credit score for USA immigrants

Personal credit score is a key factor, which affects the ability to borrow money in the United States, so it makes sense to treat this mark with

Withdrawal from the Paris climate agreement will affect US economy

As President Trumped decision to withdraw from the Paris climate accord triggered a mixed reaction mainly due to its potentially harmful effects on

How to declare yourself a bankrupt in USA

Thankfully, the legal way to write-off debts exists and it is called bankruptcy. But is it the real way out of debt hole if one have no means to

US unemployment figures decline while the labor market slows down

The latest jobs data revealed by US government on May 2, 2017 demonstrate that official unemployment rate in the country dropped to 4.3% in May, the

Federal student loans will be handled by a single company

The U.S. Department of Education announced that the federal student loans will be soon managed by one private company instead of nine currently on

The most low- and high-priced U.S. zip codes for renting a home

Some areas and city districts in the U.S. are widely perceived to be synonymous with the exorbitant prices on real estate, particularly on home rents.

U.S. credit card holders owe more than $1 trillion

According to the New York Fed report, the overall credit card debt of Americans amounts to more than $1 trillion, the highest since the Great

US tax legislation is about to experience major changes

During an interview with the Associated Press on Sunday Donald Trump promised a “massive tax reform” for both businesses and people. The details of

US banks started to reap profits from the increased lending margin

Since Donald Trump’s election in November 2016, the US banking industry showed moderate growth, according to the Federal Reserve report on Wednesday.

How to borrow money with bad credit history?

Although credit history is the most significant thing your loan officer will look at, poor credit score doesn't mean that borrowing is out of the

Choosing your travel rewards credit card

Traveling is one of the most enriching and rewarding experiences in life, however most of the vacation packages, cruises and international flights do

How to build strong loan application?

Planning to borrow funds from traditional bank or micro-financing institution? During the initial credit application stage your loan officer collects

How to fuel up your startup with micro-loans

Traditional lenders often refuse to provide small startups with credit lines and loans for business development under favourable conditions. That’s

Five credit scoring myths

While credit score calculation has long been automated, many conjectures and misconceptions emerged around this process. The risk of default is

Six tips to accelerate debt reduction

Outstanding debt is not the most comfortable life companion, is it? If you are striving to get rid of a student or mortgage debt or reduce your