Make Homepage Search Plugin

Home → Personal Finance  Loans

The Lowdown on Loans

Most of life's major purchases are prohibitively costly without the help of loans. While a few very wealthy individuals are able to pay for a car, a home or an education in cash, the rest of us rely on financing. Here's a brief rundown of the three types of loans you will likely pursue in your lifetime:

Car Loans

Shopping for the right auto loan is equally as important as shopping for the right car.…

E-LOAN offers home mortgage, refinance, home equity loans, lines of credit, auto loans, FHA loans, savings accounts & CDs with great rates online. No hidden fees.
www.eloan.com
LendingTree - Our lenders beat national average on rates. $200,000 for only $1,151 per month. Fixed for 15 years. 1 simple form, get up to 4 custom offers in minutes.
www.lendingtree.com
Loansfast.com provides retail financing, credit products, and loans, including unsecured loans, motorcycle loans, and car financing. Apply online or find a local branch.
www.loansfast.com
Quicken Loans - Get information, check rates, and learn how to refinance your current home loan. Compare mortgage options, apply online, and get pre-approved.
www.quickenloans.com
Compiles loan information from five federal agencies including the Agriculture, Education, Housing and Urban Search Tips. Home Loans About Us Help
www.govloans.gov
Online personal loans and short term cash loans with convenient payment options. Join thousands of customers that count on ThinkCash to help with unexpected cash needs.
www.thinkcash.com
for an auto, personal, payday loan, seeking debt consolidation, mortgage loans, best service possible when searching for your loans or debt solutions.
www.rebuild.org
Offers mortgage, home equity, and auto loans for qualified borrowers. Explore rates, home and loan calculators, and get advice on home buying.
www.loans.com
Acting as a provider of loans is one of the principal tasks for financial institutions. Bank loans and credit are one way to increase the money supply.
en.wikipedia.org/wiki/Loan
Learn How to Cope With Scarce Auto Loans. Homeowners Ask: "Where's My Bailout? Shopping Car Loans Money Talks –Wed, Apr 23 - 6:00am ETWatch video
finance.yahoo.com/loans


Related Search:

…Banks, credit unions and some dealerships offer auto financing. Investigate which will give you the best interest rate and terms before you hit the showroom. The most significant factors that determine the length, interest rate and monthly payment of your loan are: credit history, trade-in value of your old car, and down payment. Other details to consider are rebates, special loan options and other incentives. You can easily find an auto loan calculator on the Internet that will show you just how much car you can afford and which option will save you the most in the long run.

Mortgages

Borrowing for a home will likely be the largest and longest loan you will take. As such, it is imperative that you shop around for the best interest rate. A fraction of a percent on your home financing can equal tens of thousands of savings over 30 years (the typical life of a mortgage). Luckily, financing and purchasing a home is an investment (unlike buying a car) with opportunities to refinance or borrow against your home's equity.

Personal and Student Loans

Personal loans differ from home and car loans in that they are not secured by property such as real estate or an automobile. Personal loans offer flexibility in that they may be large or small and can be used to pay for anything from home improvements and vacations to paying off high-interest credit card debts or other loans. However, while defaulting on an auto loan results in the repossession of your car, failing to pay your personal loan may authorize the lender to garnish your wages, seize your bank accounts or force you to file for bankruptcy. Loans and credit are necessary for the major purchases that propel us on to the next step in life. Take time to understand and research your options in order to save the most money and manage your debt well.