Loans and Credit

Do you want to know if motorcycle loans are considered auto loans? Based on my experience, A motorcycle loan is a specialty loan that functions similarly to an auto loan, using your motorcycle as collateral to secure the loan.  Depending on the lender, you can use a motorcycle loan to finance the purchase of typical […]

Would you want to know if mortgage payments the same every month? Well, based on what I know and what I’ve learned, getting your first mortgage is a big step in your life.  A mortgage is very useful because it lets you buy a home without having to put down hundreds of thousands of dollars

Would you want to know if mortgage payment is fixed? From my experience and what it means, a fixed-rate mortgage is a type of home loan that has a single interest rate for the whole loan time.  The interest rate on the mortgage stays the same for the life of the loan, so the renter

Would you want to know if hedge funds are worth it? I’ve seen that hedge funds use complicated investment methods to get better returns.  These can include using leverage, swaps, or different types of assets. Hedge funds, on the other hand, charge high fees and may not be as straightforward or safe as other assets. 

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