Is It Good Debt or Bad Debt?

by Spencer Tierney 29. October 2014
Most people borrow money at some point in their lives, but many may not realize that having the right kind of debt – and paying it off as promised – can show money management smarts rather than poor spending habits. Here’s how to sort the good from the bad when it comes to owing money. What is good debt? Think of good debt as an essential element to making substantial purchases you can’t otherwise afford now but should help you produce value later, such as paying for coll... [More]

Best Loans for First Time Homebuyers

by Sara Seeger 7. October 2014
You've decided to purchase your first house - congratulations! You’ve hired a real estate agent and a few weeks later you find your dream home. Now you need to get the loan process started, so you research and choose a lender and before you know it you are in their office filling out papers and talking numbers. This is the part where you will likely have numerous choices on which loan program works for you. Some programs have mortgage insurance, while others do not. Some programs require g... [More]

Consolidating Your Debt – Why it’s Important and When to Consider It

by Roberta Pescow 9. September 2014
Unfortunately, debt has become a way of life in the United States, with American consumers owing an overwhelming total of $11.68 trillion as of April 2014. That debt comes from multiple sources, including credit cards, mortgages and student loans. If you’re struggling to manage your multiple debt payments, you may want to consider debt consolidation. Why debt consolidation is important Managing debt from several sources can get complicated quickly. With so many bills due at different times... [More]


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