Credit Cards & Loans – The Modern Banksters

Posted on February 28, 2018 by Daniel Vale
Credit Cards & Loans – The Modern Banksters

Need a loan? No problemo. No matter what your financial standing, lenders have a line of credit with your name on it. And that’s just the problem. There was a time when just the gilded gentry qualified for a line of credit. In their 11-piece suits, these hopeful borrowers would engage their well-heeled banker in…

What is a Bridge Loan?

Posted on February 27, 2018 by Daniela Gherghe
What is a Bridge Loan?

A Basic Primer on Commercial, Short-Term Funding, Known as Bridge Loans Bridge loan refers to the intended length and purpose of a loan: bridge loans are loans intended to be used for a short period time between the initial requirement for funds and a permanent, usually less costly, financial solution. Bridge loans collateralized by real…

Small business climate in the U.S.

Posted on February 27, 2018 by David Driggs
Small business climate in the U.S.

In my consulting practice I witness the struggles of small business on a daily basis. Cash flow and undercapitalization are the main culprits and often there is a definitive path towards the proverbial financial cliff. Starting a small business is no easy feat. If one considers the risk, particularly in this economy, and the impact on the livelihood of…

Debt: spending candy that may kill you in 2018

Posted on February 22, 2018 by Frank Shields
Debt: spending candy that may kill you in 2018

We all expect to hear dire warnings at presidential debates. And sure enough, at last night’s GOP Presidential Debate, we heard the one that is based on heavy consensus among economists: the possibility of a global recession in 2017. The most frequent solution proposed by many of these economists to pull the country out of a recession,…

What is a Credit Report?

Posted on February 19, 2018 by Kelsey McBride
What is a Credit Report?

Everyone who has ever borrowed money or had a credit card of any kind has a credit report. A credit report is a collection of information about your borrowing and repayment habits. It lists the debts that you have, the amount of the monthly payment and the outstanding balance. The most important part of a credit…