Many students in New York City have just graduated from college with undergraduate, Master’s, or even doctoral degrees, but most, if not all graduates still face crushing loads of student debt that will take years to pay off in full. Even worse, not all graduates have found jobs that can […]
The Federal Reserve is tightening credit as the economy shows signs of strength, ending a prolonged period of low-interest rates in the wake of the financial crisis. As a result, banks pushed the fixed rate on U.S. farm loans recently to a five-year high. But you don’t need to […]
Loans from a bank might sound appealing when you need a loan, but slow application processes and high fees and interest don’t make them the best option in a pinch. Typical bank loans can take weeks to get approval. Compare that to most pawn shops where you can get a loan […]
If you want to keep the family love intact, you may want to refrain from borrowing money from relatives. Likewise, if you want a better return on your money, don’t lend money to family members. A recent CNBC article reported that only 57 percent of people who lend money to […]
The business network, CNBC, recently published a story that reveals how wealthy entrepreneurs are turning to pawn shops to fund their new business ideas. The story focused around several wealthy entrepreneurs who pawned expensive Rolex watches and private art collections for quick cash. Some of those loans were over a […]
You may see the term APR interest and wonder, “what is it?” APR stands for Annual Percentage Rate, also known as the interest rate you pay for a loan for the entire year. The APR is applied to a loan, credit card, mortgage or even a collateral loan.
Spring break is right around the corner, but for many college students, they don’t have the money to get away. According to the publication, StudentCity, roughly 20,000 college students travel every year to warmer destinations for Spring Break. Their survey shows the beach and exotic parties are the biggest destination points.
There are many consumer laws put in place to protect borrowers at pawn shops, but most people are unaware of them. These consumer protection laws were designed to protect borrowers from exorbitant fees, high interest rates, predatory lending and discrimination. Unfortunately, it’s difficult to take advantage of a law if […]
Weddings can be a joyous occasion, until the bills start coming in. The KNOT recently conducted a survey that looked at the rising costs of weddings. It found that Manhattan is the most expensive place to get married where the average wedding costs $78,464. Outside of Manhattan, the average cost […]
How many times have you heard an older relative say, “Enjoy it while you’re young!” But as a college student, that’s hard to do when you don’t have any money. The typical weekly paycheck of $125 only goes so far after paying for food, gas, books, and leisure activities. A […]