Magnolia Financial Inc
Spartanburg, SC:
When should I use Unsecured Loans for my Business?
In taking loans, timing is everything. There are several scenarios that can show you the right situation for taking unsecured business loans.
What is a Second Mortgage? Home Equity Loans
Are you interested in getting a second mortgage, home equity loan or home equity line of credit? Read on to learn about the pros and cons of this line of credit.
More than half of college students fail this 6-question money quiz — would you?
College students face a pile of student loans and credit-card debt, but many don’t understand financial basics.
Why Your Credit Score Matters in Retirement
You may still be applying for loans and looking for lower rates on insurance to save money.
What is the Difference Between FHA and Conventional Loans?
What is the Difference Between FHA and Conventional Financing? Which is right for you? Ask your lender to determine which will cost less both short and long-term. Ask for a side-by-side cost analysis.
Why are millennials turning to payday loans and pawn shops?
More millennials are turning to payday loans and pawn shops for much needed cash -- moves that can provide immediate relief, but often result in deeper debt.
Why college loans are the worst debt
You can't deduct the interest or get rid of it in bankruptcy, and you'll need gainful employment to repay it
Questions Families Need to Ask About Paying for College
Vital (but rarely asked) questions about paying for college—tuition, loans, grants, work study and more.
6 compliance tips for loan estimate revisions
When it comes to issuing a Loan Estimate under the TILA-RESPA Integrated Disclosure (TRID) rule, revisions are not permitted due to mistakes, miscalculations, and underestimation of charges caught after the fact. However, the law does recognize that some situations can arise beyond lender errors that cause the original loan estimate to become inaccurate. The Justifying Events The …
5 tips for tackling your student loan costs
Student loan debt stats are startling — which means you need these tips more than ever.
5 Common Student Loan Mistakes
This post has been updated. Please view the latest version: 8 Common Student Loan Mistakes 1) Not figuring out how much you’ll need to pay each month As you’re trying to plan your life after graduation, it’s important that you know how much you’ll need to pay each month toward your student loans soContinue Reading
Is an FHA Home Loan Right for You?
With an FHA loan you don't need great credit — nor a lot of cash — to get into a home. What's the catch?
Why Can’t I Get a Tiny Home?
Like many millennials, my wife and I don’t want a big house. But that’s all we can get a loan for.
How does student loan deferral affect your credit?
It doesn’t. But there are things to know when it comes to deferments, forbearances and your credit score.
Applying For A Mortgage: Why So Much Paperwork?
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form.<br>Many buyers a
A Beginner’s Guide to Repaying Student Loans
A road map to help those with student loans steer clear of common repayment mistakes and protect their credit scores.
Can’t Get a Bank Loan? The Alternatives Are Expanding
New alternative lenders are offering a path between banks, which lend primarily to the most creditworthy small businesses, and cash advance lenders, which thrive on subprime candidates.
Where To Find Help With Your Federal Student Loans
You received a federal student loan and now it’s time to repay it. If you’re like most student loan borrowers, you may find the repayment process a little overwhelming. But you have an important resource—your student loan servicer—to help you navigate the repayment process. What is a loan servicer? A loan servicer handles the billing and otherContinue Reading
8 Business Loan Mistakes You Can Avoid
Borrowing money for your business is a big decision with long-lasting financial consequences. Before you apply for a business loan or sign a loan agreement, make sure you're not making one of these eight common business borrowing mistakes. 1. Not having a firm grip on your business’ financial situation This is the
Should you take a 7-year car loan?
A growing number of car loans will take nearly two presidential terms to pay off. Should you take a 7-year car loan? Here are the pros and cons.
Common Mortgage Errors And How To Avoid Them
Lots of people waste money when they get home loans. Don’t repeat their mistakes.
