Reporting Identity Theft

Identity theft is a frightening crime that affects millions of consumers each year. If someone gets your personal information, you want to do everything you can to help safeguard your identity. In some instances, identity theft insurance and monitoring may be worth considering. While the steps involved to react to identity thefts may include several…

4 Things You Need to Know About Prepayment Penalties

Just 27 percent of Americans currently carry no debt whatsoever, meaning that most of us have a loan or two that we are currently repaying. Mortgages, business, personal and auto loans can all come with prepayment penalties. Whether you’re signing on the dotted line for a new loan or figuring out a repayment plan for…

The Hidden Costs of Buying a Home

In 2019, 65.1 percent of Americans owned their homes, but for many more people homeownership remains a dream. While interest rates are low, many people will be looking into how to make that dream a reality, but it’s important that anyone calculating a budget takes note of the hidden costs of buying a home and maintenance expenses that can…

5 Things You Should Know About Deferred Interest

Deferred interest is when no-interest loans or credit cards have some period of zero interest. However, you still owe interest payments if you cannot pay off the balance before the end of the stated time frame. Answering the question “what is deferred interest?” from the beginning is important, or you may pay a lot more…