COVID-19 Financial Update

COVID-19 financial news has been tough on everyone; both emotionally and physically with their day-to-day lives. With working remote due to the stay-at-home orders, it has bit come increasingly difficult for most people to get what they need when they need it. When the crisis first was announced with the lockdown there was a huge…

Your Mortgage Price: The Determining Factors

What You’ll Learn There’s no one biggest factor in determining mortgage price There are many factors that help lenders set interest rates Some of the factors are within your control There are a lot of different factors that decide the price of your mortgage. Some factors depend on you, the homeowner. Some depend on the…

How the Credit Market Being Affected by Caronavirus

What is the Credit Market? Credit market refers to the market through which companies and governments issue debt to investors. These include investment-grade bonds, junk bonds, and short-term commercial paper. Sometimes called the debt market, it also includes debt offerings, such as notes, and securitized obligations, including collateralized debt obligations (CDOs), mortgage-backed securities, and credit…

What Can Affect Your Credit

Credit score is one thing that can be affected by so many things, expected and unexpected. Credit literally controls your life and what you can and can’t accomplish based on your score. And while you probably have a general idea of what your credit score means, some things that affect your credit score may surprise you. So…

Alabama Payday Loan Law and Legislation

Payday loans in Alabama are not at the present moment under the regulation of the Small Loan Act. Such conditions were very favorable for many old companies to expand and grow, as well as for newer companies to get started. At the present moment, payday lending is absolutely legal in Alabama. New regulations with regards…

Unsecured Loans vs Secured Loans

Secured Loans Collateral loans, otherwise known as secured loans are a traditional type loans that you often would need to get from the bank. These typically are harder to get approval for as the banks run a tighter underwriting process. To get a secured loan, you also need to offer something you own as collateral.…