One of the most important things that we should have in mind when applying for a loan is paying on tine and how to calculate loan payments Loan payments are extremely important when it comes to maintaining a good credit history or building good relationships with a lender. We never know when we will need…
The debt to income (DTI) ratio is used by lenders to measure the financial risk of a person that is requesting a loan. Lending money is a difficult profession. As a lender, you receive constant requests and applications from people that need money. Each of them has their special financial conditions, and as the lender,…
You got to be prepared for the unexpected. And financially speaking, “be prepared” means having an emergency fund that you can use whenever you find yourself in a tough situation. Lately, the world hasn’t been a place where we can actually foresee things. Actually, for the past 2 years, we’ve been encountering global situations that…