photo credit: TheTruthAboutMortgage.comIf you are keeping up with the current economic problems, you are well aware that many banks are in deep trouble. In fact, the Federal Deposit Insurance Corp. has reported a huge leap in problem banks. They have identified 76 banks that are in trouble. As you can imagine, this has a lot of people scared. Not only those who have their money in these institutions, but also those who are worried that their bank is next in line.
(more…)
Posts Tagged ‘Loans’
Current Bank Failures and Related Issues
Thursday, August 7th, 2008Make Money in Student Housing
Monday, July 21st, 2008
Understanding Home Equity Loans and Lines
Thursday, June 12th, 2008
photo credit: roarofthefour
One of the greatest benefits of owning a home is that you can use the home as collateral when you need to get a loan for expenses in your life. Most commonly this is done to cover large expenses such as repairs to the home or payment of college tuition for the kids although the funds can be used for anything. There are pros and cons to getting a home equity loan and there are different types of home equity loans to get so it’s important to understand the loans carefully before applying for them. Following you’ll find some basic information about these loans to assist you in gaining that understanding. (more…)
