Determining Your Car-Buying Budget
Buying a new car is an exciting process, especially when you’ve been saving and waiting for the right one to come along. Cars are an expensive investment that take time and consideration. Before you hit the dealership, do a ...
6 Ways to Improve Your Credit Score
Credit scores are a sensitive topic for many people. The National Foundation for Credit Counseling performed a survey which indicated that more people would be more embarrassed to admit their credit scores than their weight (30 ...
Looking for Down Payment Assistance? Colonial Can Help!
Buying a home can be one of the most exciting and rewarding times in a person’s life. Pride of ownership, the ability to make updates to the property and the benefit of building equity are just a few of the many benefits of ...
Should You Pay Down Debt or Save?
What’s makes better financial sense — saving or paying down debt first?
Deciding whether to tackle retirement planning or debt reduction first is a difficult choice. Both are daunting prospects and both carry serious weight. ...
Prioritizing Loan Repayment
Paying off debt can be trickier than it sounds. Many people have a mix of debt that ranges from student loans and credit cards to auto loans and mortgages. In the long term, it pays off to know where to start and what loans you ...
Useful Apps for Managing Your Expenses
Creating and sticking to a budget is essential if you want to get out of debt and achieve financial security, but it’s easier said than done. The proper amount of money to spend on various expenses can be difficult to calculate, ...
Do You Need a Co-signer for Your Auto Loan?
As with any type of loan, your income and credit history will be major determinants of whether you are approved for an auto loan application. If you’ve been denied for an auto loan, you may want to consider using a co-signer.
Understanding ...
Should You Cancel a Credit Card with $0 Balance?
Many consumers are tempted to limit their debt by closing one or more credit cards as a result of the steady rise of the cost of living and credit card interest rates. However, though there are many reasons to close a credit card, ...
How to Know if You Need a Cosigner
Loans are an economic staple in most people’s lives; they can help pay for education, transportation or living arrangements. Of course, getting a good loan from the bank or some other financial institution can be quite difficult ...
Five Ways to Finance Your Business
If you’ve thought of a great business idea and have decided to take the plunge and start your own business, then the biggest hurdle of entrepreneurship—daring to try—is behind you. Sure, you still have to work out the many ...
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