Loans and Credit

Do you want to know the length of equity loans? Based on my experience, length of equity Loan terms vary depending on the type of loan you obtain, and they merely describe the amount of time you have to repay the loan.  A home equity loan term can range anywhere from 5-30 years. HELOCs generally […]

Do you want to know the length of a 401k loan? My research indicates that the typical repayment period for a 401(k) loan is up to five years.  A maximum of twenty-five years is allowed if the funds are going toward purchasing your primary residence. The Internal Revenue Service (IRS) stipulates that loans must be

Would you want to know if savings account is fdic insured? I’ve seen that F.D.I.C. bank insurance only covers certain types of deposits or savings.  These include savings and checking accounts, money market deposit accounts (M.M.D.A.s), and certificates of deposit (C.D.s). There is no F.D.I.C. bank protection for investments that are not deposits. This includes

Would you want to know if debt relief is still available? In my experience, financial assistance programs, such as government programs and credit card and debt relief, are still accessible.  Public Service Loan Forgiveness programs helped 53,000 debtors save $5.2 billion, Adjustments to income-driven repayment plans will provide nearly 51,000 borrowers with an additional $2.8

Would you want to know How much savings you can have on a state pension? According to my experience as a pensioner, the state pension is worth somewhat more than £200 per week to practically everyone who reaches the present state pension age of 66. It accounts for almost half of all pensioner income. Even

How much mileage do you need to write off? My experience tells me that to qualify for the ordinary mileage deduction, you must record the date, purpose, and odometer readings at the start and finish of a qualifying journey.  However, the IRS lets volunteers claim 14 cents per mile, but they must be actively engaged

Do you want to know how much a loan to value for refinance? Based on my experience, whether you are buying or refinancing.  With an LTV of 80% or lower, you are eligible for lower mortgage/refi rates and more favorable terms. You can take several steps to lower your LTV, including working with a financial

Would you want to know how many savings accounts Chase offers? The Chase Savings account and the Chase Premier Savings account are the two primary savings account alternatives that Chase offers, in my experience. If you qualify for the relationship rate, you will receive a greater yield from the premier account. You must link this

Do you want to know how long is a typical motorcycle loan? My experience has shown that it often takes between 12 and 60 months. A longer term will save monthly payments, but the borrower will pay more interest throughout the loan. That’s not all, though. Let’s examine motorcycle loans in greater detail, including how

Would you want to know how savings bank interest is calculated? I know that the formula for figuring out simple interest is: Interest = P * R * T. P = The principal amount, which is the sum at the start.  R = Interest rate, which is generally given as a number every year. T