Monthly Archives: October 2015

3 Things To Avoid Spending Reverse Mortgage Payouts On

Provided you meet the requirements, a reverse mortgage can put a lot of money in your pocket.┬áHeres how to spend it wisely. Spending Donts: A Childs Wedding The average wedding can cost $40,000. While its tempting to do something extravagant … Continue reading

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Watch out for mortgage refinancing scams

With the Federal Reserve expected to raise interest rates before the end of the year, many homeowners are looking to refinance before the rates go up. Consumer advocates warn that con artists are anticipating the jump, too. The Better Business … Continue reading

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How to Build Business Credit With Small-Business Loans

As you grow your business from a fledgling startup to an established enterprise, it’s important to build business credit. Entrepreneurs have traditionally done this by using business credit cards, but taking out online small-business loans can also do the trick. … Continue reading

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Average credit score to get mortgage drops to 723

Bankers are becoming a little less fussy about the credit scores they demand from people who want to buy or refinance houses. In September, the average FICO score fell to 723 for people approved for a mortgage, according to a … Continue reading

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Barclays customers left without cash due to bank glitch as clocks go back

Customers at Barclays yesterday had trouble getting cash from their accounts after the bank was hit by a system glitch as the clocks changed. Barclays said on Twitter it was “experiencing technical issues” that were being “investigated urgently”. But customers … Continue reading

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Entrepreneurs, here’s how to keep the cash coming

Why do so many businesses fail? Bad cash flow management is a big reason. Sure, maybe your business plan is foolish or your financing is inadequate. But if your company is on solid ground, nothing can hurt you more than … Continue reading

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TRID mortgage application surge amounted to empty calories

It looks like the big surge of mortgage applications before the enactment of the TILA-RESPA Integrated Disclosure act was all sound and fury, amounting to nothing. After a summer of subdued or declining activity, mortgage applications increased 25.5% in the … Continue reading

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Disturbing problem with mortgage company for KC man who paid his bills

KANSAS CITY, Mo. — James Roberson has lived in this home on Tracy Avenue in Kansas City for 30 years, but now he worries he could lose it. In October, he received a foreclosure warning notice from his mortgage company. … Continue reading

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Best Alternative Small Business Loans – 2015

Best Lines of Credit: Kabbage Kabbage specializes in small business lines of credit of between $2,000 and $100,000. Each time you draw against your line of credit, you have six months to pay it off. Instead of paying interest, however, … Continue reading

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Insurers Find It Difficult to Invest Their Growing Cash, BlackRock Study Shows

Insurers are finding it hard to invest their growing cash, according to a study commissioned by BlackRock Inc. Chances to earn good returns in equity and bond markets are so scarce that insurers would rather sit on their cash so … Continue reading

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