What Is Amortization?
Definition and Examples of Amortization Amortization is the way loan payments are applied to certain types of loans. Typically, the…
CD Early Withdrawal Penalties
Early Withdrawal Penalties at Major Banks bank One-year CD penalty Five-year CD penalty Ally 60 days of interest 150 days…
How To Get SBA Loans for Franchises
7(a) Loans 504/CDC Loans Franchise Uses Establishing and operating the business as well as real estate or heavy equipment Purchase…
How To Finance an Airbnb Business
Hosting a place on Airbnb can be a lucrative undertaking—although financing the initial investment might seem daunting. To help you…
HELOC Pros and Cons
HELOC Home Equity Loan Secured by your home equity Secured by your home equity Low interest rates Low interest rates…
Power of Attorney Duties After the Principal’s Death
You can’t get a power of attorney to act for someone after they have died, and an existing power of…
What Is the Fair Housing Act?
Definition and Example of the Fair Housing Act The Fair Housing Act is a law enacted in 1968 and has…
Is a Reverse Mortgage a Ripoff?
Reverse mortgages are special types of loans that give older homeowners a way to turn their home equity into a…
Gas Prices Break New Record After Brief Reprieve
US gas prices reached a new record high Tuesday, erasing the modest relief seen in April. Higher oil prices and…