Welcome to the Auto Loans section. Over the next few weeks we will be adding articles pertaining to all the aspects of auto loans, so hang tight! If you have any suggestions of what you’d like to see, just let me know! – Margie

In a culture such as ours that is dominated by consumerism, the shopping temptation stares at us from every corner. Day in and day out, the average American is bombarded with advertisements and commercials luring him or her to spend now and pay later. With the use of plastic money and consumer credit catapulting to […]

Before settling on a residence and signing along the dotted line, prospective homeowners must ask themselves the critical question- how much home they can afford. This, of course, is a function of their financial stability and creditworthiness, two leading factors gauged by a widely-used formula known as the debt-to-income ratio (DTI). Lenders assess a consumer’s […]

Along with the Fair Credit Reporting Act, the Fair Debt Collection Practices Act (FDCPA) forms the cornerstone for consumer credit protection in the United States. Its objectives are as follows: 1) to prohibit collection agencies from utilizing abusive debt collection methods, 2) to provide debtors with remedies as well as a mechanism for disputing the […]

Tax deductions, or deductions which can affect a taxpayer’s income tax, represent expenses acquired. These expenses are deducted from the gross income when computing income taxes. This results in a lower taxable income and lowers the amount of taxes to be paid. There are numerous factors which can affect standard tax deductions, including federal, income, […]

A credit score is a numerical representation of a consumer’s credit rating and a summary of the information on his or her credit report. Lending institutions, landlords, mortgage brokers, and employers utilize this pivotal number to gauge a prospective applicant or borrower’s creditworthiness and financial reliability, determine his or her eligibility for credit, and set […]

Tax shelters are legal ways of decreasing an investor’s taxable income and tax liability. They are typically investments that provide a beneficial transaction to lower taxable income. The tax shelters are carefully monitored by tax authorities to make sure an investment is not made primarily to avoid taxes. If you are using a tax shelter […]

In the credit-oriented world in which we live in, American consumers and businesses have a plethora of choices in terms of loans and lenders. A wide variety of financing sources offer multiple forms of consumer credit and/or commercial credit. Lending institutions differ in the 1) types of loans they extend and their maturity dates, 2) […]

Each year, thousands of American consumers aiming to get out of debt or interested in improving their credit rating or keeping tabs on their credit report seek the financial peace of mind offered by credit monitoring services. These consumer-oriented programs, which are available through the three leading credit reporting agencies (TransUnion, Experian, and Equifax), provide […]

In today’s consumer credit driven world, a good score affects many things for individuals, including their ability to avail loans and credit cards. A good credit rating also determines the type of interest rates and insurance premiums consumers are able to obtain from companies. Credit ratings are provided by three major credit bureaus in the […]