Category

Loans

Category

An easy-to-understand guide on how to take out a loan and what to do while doing so. Do I even need a loan? This is the first question to answer before going to the bank. It is quite possible that the money for the cherished purchase is not enough because of the peculiarities of your approach to financial management. If you reconsider it, it’s possible that you won’t have to borrow money. If you have…

Being a victim of fraud can happen to even the most vigilant of individuals, thanks to more sophisticated ways that those looking to scam you will try. Whilst sometimes it may appear obvious when something isn’t quite right, other times you may not realise until it is too late. One type of fraud that has been seen over the last few years is loan fee fraud, where a fraudster pretending to be a lender asks…

A hard money load is defined as the kind of loan that can be secured using a real property. In financial terms, this loan is considered to be a loan of last resort or some might say a short-term bridge loan. Hard money loans are more commonly used in real estate transactions. Another key aspect of it is that the lender will not be a bank or corporation. Instead, New York hard money loans are…