All about loans in Kenya
Whatever your reasons for buying a new home in the USA, you need to understand the type of mortgages available, and the steps needed to get one set up. This handy guide covers which banks offer mortgages and home loans in the USA to non-residents, the paperwork you’ll need to get your loan, the legal […]
An IRA can reduce your tax bill when you save for retirement. YOU CAN BUILD A NEST egg for retirement faster and more easily if you qualify for tax breaks for your retirement savings. Individual retirement accounts allow workers with earned income to minimize taxes as they save for retirement. The Benefits of an IRA: Defer […]
Before jumping into the details on the types of loans offered and what loan makes the most sense for your business, take time to assess your current needs. Here are some good initial questions to answer so you have clear goals set before you start your research. How much money do you need? What do […]
Debt relief is the reorganization of debt in any shape or form so as to provide the indebted party with a measure of relief, either fully or partially. Debt relief can take a number of forms: reducing the outstanding principal amount (again, either partly or fully), lowering the interest rate on loans due, and/or extending […]
Although some structural differences exist between how the Department of Education and commercial lenders administer the default process for federal student loans, the consequences for borrowers are similar. FFEL program and direct loan borrowers are in default when their payments are 270 days past due. After a borrower defaults, the servicer transfers the loan to a […]
The investment landscape can be extremely dynamic and ever-evolving. But those who take the time to understand the basic principles and the different asset classes stand to gain significantly over the long haul. The first step is learning to distinguish different types of investments and what rung each occupies on the “risk ladder.” Understanding the […]
Financing a business is always a challenge. Here we’ve compiled 10 techniques, including factoring, from the tried-and-true to the experimental. Finding financing in any economic climate can be challenging, whether you’re looking for start-up funds, capital to expand or money to hold on through the tough times. But given our current state of affairs, securing funds […]
Collateral As I explained above, banks do lend money to startups. One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. So your business has to have […]
Want to get smarter about investing? Check out some of these books. Learning about financial concepts can feel intimidating. Even finding a starting spot can prove challenging. If you search for an investment term on the Internet, you often end up with an alphabet soup of complex financial terms. A better entry point can be picking […]
You may be a rookie investor, but that doesn’t mean you need to make costly rookie mistakes. Follow these seven golden rules and you’ll be on the path to success. Play the long game Never invest for the short-term. The market moves up and down in natural cycles that can’t be timed. Investing for fewer […]