Notepad Corner

  Finding yourself in over your head? You're not alone. Debt is, unfortunately, a fact of life for all of us these days, regardless of whether we're big spenders or conservative savers. However, many people are still not aware of the options they have to get rid of this problem. Here are some tips you can use if you're looking for help with debt management.   Define the Scope of Your Debt The scope of your debt is the total amount you owe. It can include any balances on credit cards, student loans and medical bills, as well as unpaid taxes or child support. It's important to define the scope of your debt before you make a plan to tackle it. The following questions may help you analyze your financial situation and make decisions that will improve it. What's the total amount of debt? What sources of income do I have? How much can I afford to pay toward my debt each month? What is my credit score? Pay More than Minimum Payment Focus on paying off those...

There comes a time when we find ourselves in a moment of need. It is not because we are all that bad in managing our money, but this pandemic really hit us hard financially. When something came up and you were put on a tough spot, the best solution is to borrow money, especially when you are not having nearly enough cash savings in your emergency funds to match such emergencies. To help you get out of a financial hole, taking a personal loan can help. Click here to learn more how to get started, but before you borrow money you will need to assess first your capability to pay and establish a payment timeline. There are different scenarios where it makes sense to borrow money and they are as follows: Accidents and Medical Emergencies Not everyone has the health insurance to cover accidents and medical emergencies. This is an unexpected scenario that may come up at any time. If you don’t have adequate savings to meet your medical expenditure, personal loans can be a good source a...

Good news for active militaries on duty and prior service veterans who are problematic about paying their existing debts in their home loans. You may now pay your mortgage through US Military Veterans Affairs home refinance program.  VA refinance is supported by the government to help soldiers settle their arrears and is provided to those who already have an existing VA loan. Renewing home finance has lower interest rates with easy and simple schemes to follow. Hassle free requirements to get a loan is made possible to qualify for the opportunity to take advantage to refinance it into a permanent, low fixed-rate. You may cover your obligation and at the same time benefit from VA refinancing if your current loan rate is higher than 5%.  VA streamline refinancing lets you refinance your existing VA home loan with no extra cost and expenditures.  With an absolute no down payment  program, an eligible veteran may purchase a home within an amount range given...