Paying for College through Friends and Family

by Admin 29. July 2008
I just read online that two major colleges increased their Fall 2008 tuition by almost 10%. For many of us, paying for college is a struggle, especially in the midst of shaky economic times. Some options are financial aid and government loans, borrowing from family, or if you are like me, going into some major credit card debt; I highly recommend not using the last option…trust me. Looking further into possible options I Stumbled Upon – pun intended – Fynanz.com. New York b... [More]

Home Equity Loan or Home Equity Line of Credit?

by Wade Barnes 21. July 2008
The time has come and you have decided to tap the equity in your home. In shopping products you study some differences betwwen Home Equity Loans and Lines of Credit but may still have some questions as to which product best fits your needs. Every situation is different and it is hard to say that one product has more benefits than another in any given circumstance, but there are some questions you can ask yourself that may help guide you to your best fit. Q: Does a variable rate bother me?Most H... [More]

Person to Person Lending

by Kevin Lynch 27. March 2008
Prosper and Lending Club, 2 person to person lending sites, showed continued growth in the month of February, as they added 100,000+ unique users since January. Both of these companies facilitate loans between individuals through their social networking sites. The concept is to use this network to borrow money from friends/individuals with the companies providing the structure to formalize the process. To learn more, check out the Prosper web site.


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