Featured Finance Questions
Can I Give My House Back To The Bank?
I’m sorry to hear about your housing troubles. While your idea of giving your house back to the bank may sound unconventional, there is a way you can theoretically do what you are asking about.
Can I Use A Credit Card For A Down Payment On A Car?
I’m sorry to hear about your car being totaled. Although I understand that you need a car for work, it’s not the best financial choice to use your credit card.
What Happens After My Mortgage Loan Has Been Approved?
The mortgage approval process is lengthy. Submitting all the documents required to the loan officer is just one part of the loan approval process. When she said your application was “good to go,” she was most likely referring to the fact that you were able to submit complete documents.
What Is A Term Life Insurance Conversion Credit?
The process of changing a term life insurance policy to a permanent life insurance is known as life insurance conversion. The upgrade to a permanent coverage is done based on the health status of the policyholder when he got the term life insurance and not his current health condition.