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What Is A Non-Recourse Loan And When Are They Used?

Ken Cook asked: If you did not know you could do this you do not need to feel alone. Every day I receive an email or phone call from even professional investment advisers who did not realize this was an option. Not too many weeks ago a professional investment adviser came to me after a [...]

Posted September 11th, 2010 in Real Estate | No Comments »

What is the necessity for never-ending advertisements?

Lilium Inter Spinas asked: Do we really have to have commercials blaring at us constantly from day to day to day? They have almost completely taken over every facet of our senses. We see billboard after billboard, commercial after commercial. The incessant repetitiveness of these campaigns are useless. Sure…it’s cool to announce a new product, [...]

Posted September 10th, 2010 in Psychology | 2 Comments »

Consumers Guide to Home Equity Installment Loans

Beth Stewart asked: Looking for a way to fund new home renovations, invest in a second property, or pay for a child’s college education? A home equity installment loan might fit the bill. Consumers often turn to home equity loans as a way to finance a large expense or investment using the money they have [...]

Posted September 8th, 2010 in Finance | No Comments »

How will my wife’s Chapter 13 bankruptcy affect me ?

lighthousegtr asked: I have been separated ( not legally) from my wife for about a year and a half. She has opened and run up to the limit and past a number of credit cards in her own name. Now she is considering Ch.13 bankruptcy. There are 2 accounts that we still have together. Her [...]

Posted September 7th, 2010 in Marriage & Divorce | 2 Comments »

Who will hold the predatory lenders accountable?

pootie tang asked: With everything in the news lately about the mortgage and credit crisis, it got me to wondering – when is the blame going to fall where it belongs? Why is it so hard to understand that there are companies out there who are simply taking advantage of consumers? There are laws against [...]

Posted September 5th, 2010 in Credit | 6 Comments »

Loans – Doorstep Loans

Liam Gerken asked: A recent report has revealed that doorstep lenders are homing in on the UKs most financially deprived areas in an attempt to win customers who are being declined credit elsewhere.Doorstep lending has been around since the early nineties, and although business died down for some time; as high street banks began to [...]

Posted September 2nd, 2010 in Finance | No Comments »

Positive Credit Report Can Help Borrowers Access Cheap Loans

Abbi Rouse asked: Those people looking to apply for a loan need to take steps to make sure that their credit report reflects them in the best light possible, it has been suggested.Speaking earlier this week, Neil Munroe, external affairs director for Equifax, reported that as numerous high street lenders and credit card companies are [...]

Posted September 2nd, 2010 in Finance | No Comments »