Loans

Can You Pay Off Student Loans With Bitcoin?

Can You Pay Off Student Loans With Bitcoin?

Loans
Can You Pay Off Student Loans With Bitcoin? A few years ago, Alex Gorale published an account of his strategy to use bitcoin to pay off student loan debt. His strategy involved using the now-defunct website Brawker to exchange bitcoins for gift cards that could be used on Tuition.io, where he made student loan payments. While this specific approach can’t be used today, it’s possible to set up a similar arrangement.If you can find someone willing to let you buy a gift card from them using bitcoins, you could then obtain items through a site such as EvoShare. This particular site puts a percentage of your regular purchases toward your student loans. It’s a roundabout way of using bitcoin to get rid of student loan debt.Before you liquidate some or all of your bitcoins and use th
Advantages of Rent to Own Homes

Advantages of Rent to Own Homes

Financial, Good Credit, Loans, mortgage, Tips
When it comes to home ownership or deciding between rent vs buy, renting to own is when a property owner agrees to rent the home, and then you, as the renter, have the option to purchase the home at a future date. In most cases, you will sign a contract stating that you will purchase the property at a specific date. Because of the struggling economy, many people today are now choosing rent to own homes, and there are many benefits of renting to own a home in a rent vs buy debate.One of the main reasons that you might want take advantage of the renttoown homes option is that it will give you time to save money for a down payment in your credit card. Down payments are usually required when you have the option to purchase; therefore, when renting to own, the down payment required is much ...
Tips To Choose a Mortgage Lender

Tips To Choose a Mortgage Lender

Loans, mortgage
No matter how rich you are emergency situations can crop up at any time. Thus, you have to consider taking a loan either from an individual or from a financing company or a bank. Most of the people of now like to opt for the latter options rather than going for the first option. This is because the financing companies or banks are more reliable than a person. But the high interests that are charged on the loans are really a burden. So, a better alternative that you can look for is mortgaging your property against the loan you take. This will relief you from being taxed with high charges and you can pay the loan amount at your convenience within the time limit that the company has offered you. To choose a proper loan lender you can follow some of the tips that we have provided in this artic...
Home Buying

Home Buying

Loans, mortgage
When you decide that it is time to buy a new home, you have many different decisions to make. The biggest and most important of these is your home loan. Not many people can pay cash to buy a home so they rely on a Bank, Finance, and or Mortgage companies. When you go there you will fill out many papers and talk to a loan officer. You will be required to bring information with you such as pay stubs, tax returns, and credit reports. Most mortgage companies will run a credit report on any one who is going to be responsible for paying back the loan.A credit report shows your history of how well you have paid your debts in the past. Many people can't obtain a loan because of a credit score that doesn't fall within the guidelines set by the lender. Maybe you lost a job or got sick and were...
Six Steps Toward A Bad Auto Loan

Six Steps Toward A Bad Auto Loan

Loans
Anyone can get a bad deal on an auto loan. It really does not take much - just go get one without any preparation. It is your money and you are free to spend more than necessary. In fact, you probably will. If, however, you want a good deal - this will not come by accident (at least it is not likely). Here are some steps that will help you get a bad auto loan - and if you want a good one you need to avoid them. 1. Do Not Check Your Credit Report First Oftentimes, errors can be reported by mistake on your credit report. These can be easily corrected and modifications made if challenged. Since your interest rate, the amount you can borrow, and the amount of time you have to pay off the loan are all determined partly by your credit score - why bother with it? 2. Do Not Bother To Get A Pre-...
Why Refinancing an Auto Loan is a Smart Financial Move

Why Refinancing an Auto Loan is a Smart Financial Move

Financial, Loans
For many borrowers, refinancing a mortgage is something they will do some time during the life of the loan. What many people never consider is refinancing an auto loan or car loan, even though the car refinance application process is much faster and easier than the typical home refinance application. In addition, borrowers can save thousands over the life of a refinanced auto loan. There are three possible ways a consumer might have ended up with an interest rate higher than what they can refinance for.1. He or she financed a new car or truck purchase at the dealership. Almost 80% of all auto loans originate at the dealer. Dealers typically charge higher interest rates on their loans. The interest rates are higher because the dealership brokers the auto loan, and they tack on a service...
Achieve Loan Modification Successfully

Achieve Loan Modification Successfully

Financial, Loans
Here are four simple steps that have been compiled by expert housing counsellors who are genuinely concerned about homeowners who are financially troubled:Go to a counsellorWhen you are not in a position to make your monthly mortgage payments, it makes sense to consult a housing counsellor. The experience and expertise of such a counsellor can help you make a counter offer to your mortgage lender that will make him consider your loan modification request.Housing counsellors deal with such problems day in and day out. They know what needs to be done and how. Also, they have a lot of contacts that will help them achieve what they wish, in the fastest and the easiest way.Whether your loan modification request has been denied or you have no idea about how to make this request, ...
Get a Mortgage Being Self-Employed

Get a Mortgage Being Self-Employed

Loans, mortgage
It is not very difficult to get a Mortgage if you are self-employed. However, a popular misconception that self-employed applicants have is that they will be unable to get a mortgage or that they are only eligible for a subprime mortgage. It is true that the self-certification mortgages are no longer on the market but for self-employed people, the mortgage market is as open to them as it is to anyone else.Lenders are very open to self-employed applicants, and if you use a mortgage broker, you will obtain all the information and advice needed to help an independent applicant in the mortgage process.I have listed out a step by step guide on the process to enable you to get the best mortgage for your particular needs.Get your accounts in order Most lenders are happy to give mort...
Taking Out A Loan

Taking Out A Loan

Loans
What the bank perceives as too old to take out a loan or a mortgage and what you believe that age should be are two different points of view because the decisions are based on contradictory criteria. Unfortunately, it is the banks that get to make the final decision and getting past their base criteria can be troublesome or sometimes, impossible. Turning to a mortgage broker for help can ease your situation.Age Related RulesThe majority of banks have some simple basic rules. The maximum term for your mortgage is 30 years. The maximum age you can carry a mortgage is 70 years of age. The easiest mathematical quest will tell you that you can't have a 30 year mortgage after the age of 40. The cheapest monthly payments arrive with a 30 year mortgage term. For every year t...
Things to Know Before You Apply for Doorstep Loans

Things to Know Before You Apply for Doorstep Loans

Loans
Are you a stay-at-home mom or an unemployed youth in the UK? Or, the one who is restricted to home due to old age, disability or a loved one's health? Are you under constant shortage of funds and need financial help?If answer to any of these questions is in affirmative, you may consider opting for doorstep loans.Doorstep loans are basically the short-term home credit loans which are delivered right at your door! These are the loans for those who want to draw small amount up to £1000 for a very short period of time. Generally a friendly local agent visits you for each communication regarding the loan. He typically hands over the cash and recollects the instalments from the borrower's home.When your personal situation does not allow you to visit the financial compani