Predatory lending is a term we hear often in the U.S.. In simple terms, it is companies offering products or services to people at incredibly high interest rates. There are many forms of this type of lending, and here are two of the most popular.
Rent-to-Own:
There are some consumers who swear by rent-to-own companies. For some of […]
Experts are beginning to agree that the housing slump which began in the latter part of 2005 will most likely continue for at least another year. During this time, the average value of American homes will decrease. Some believe that the decrease in home values will be the largest since the World War 2 era.
One […]
New businesses can be very expensive. The cost of doing business is high as is the rent or price for your actual place of business. You might have secured financing to cover the large costs of start-up, but when those funds are allocated, you might have trouble finding another means of payment for smaller items […]
Credit cards are a tempting option to gain more buying power. You’re approved for $15,000 and you can easily see yourself spending that new money. The only problem is the money isn’t yours to spend. Well, you can spend it, but you’d better be able to pay the card off. If you’ve got credit cards, […]