Finance Globe

When buying a home, you have a lot on your mind. Which property is best for you? Is now the right time to make a purchase? How much can you afford to spend?While these types of questions are sure to be swirling around, there is another one you need to answer: how are you going to find the best mortgage lender?Although this may sound like a complicated process that is full of landmines, you can cut...

From the month of September 2013 to October 2013, foreclosure filings in the United States increased by two percent. This is more common in some states than others, with Florida holding steady at the top with a foreclosure rate of approximately 1 in every 332 housing units.If you are faced with foreclosure, you don’t have to give in just yet. You don’t have to back down from the bank, letting them take your home.Despite the fact...

The idea that one born poor can work hard and improve their economic position is one that’s been around for decades and is still prevalent. In a Pew Charitable Trusts, poll 40% of Americans said they believe that it’s common for a poor person to work hard and become rich in the United States. However, research from Pew reveals that not it’s not so easy to move away from the lower income levels and to do...

Are you bogged down with student loan debt? Are your finances in disarray? If you answered yes to both these questions, you may have something on your mind: bankruptcy.While many people believe discharging student loan debt through bankruptcy is a simple task, nothing could be further from the truth. Most debtors are unable to discharge this debt through either Chapter 7 or Chapter 13 bankruptcy.There is on exception: if you can prove to the court that...

Parents and children, siblings, and couples all may, at some point, choose to share a checking. Having an account with someone can be tricky and requires an extra amount of communication to be sure that you’re not overspending or creating problems that can affect your finances and your relationship. Once you open an account with someone, they learn a lot about your finances: how much you make, how much you spend, and what you spend it...

Some times are tougher than others. There may be times in your life that your finances are hard to manage. For example, if you’ve recently lost your job or suffered a pay cut, you may not have enough money to pay all the expenses you have. Ideally, you’ll get new employment soon enough that you don’t have to miss any payments, but it doesn’t always work out that way. You may face the tough decision of...

Mortgage and an auto loan are two of the biggest loans you’ll probably ever borrow. Some lenders require that you put forward a certain percentage of the home or auto cost because lending you 100 percent of the cost is risky for them. While you may find some lenders who don’t require a down payment and others who allow you to pay your own payment with another loan, there are several benefits to coming up with...

Last year, almost than 4 million South Carolina taxpayers had their social security numbers compromised when the state’s Department of Revenue suffered a data breach. In addition, close to 400,000 credit and debit card numbers were also stolen. Taxpayers who filed returns in the state as far back as 1998 were impacted. Since last year, the Department of Revenue has determined that only tax returns filed electronically were affected by the breach. Affected customers were given...

If a friend or family members comes to you with a request for financial help, you may struggle with the decision. Depending on your personality and your beliefs about money, you may jump at the chance to help out someone. Or, you may turn them away, if you have a policy to never loan money. Whatever you decide, it could have a major impact on your relationship. Who is it? Suffice it to say, your relationship...

Windfalls can be both a blessing and curse. When a sudden and unexpected chunk of cash blows our way most of us will squander it all in a New York minute. So say the statistics. We’ve all heard cautionary tales of lottery winners who, ironically, end up destitute within a year and a half of becoming millionaires. Hang on a moment. I need to clarify something here. Before you start getting all excited for me (or...