The Scottish Government offers a number of shared equity schemes to assist first-time buyers buy a home. The schemes come under the umbrella of the LIFT, Low Cost Initiative for First-Time Buyers. The main schemes are the New Supply Shared Equity Scheme that is designed to help first-time buyers to buy a newly built property [...]
What is the statute of limitations in regards to consumer debt? The statute of limitations (SOL) is the legal time frame in which debt collectors can file suit on an unpaid debt. SOL varies depending on the type of loan and the state in which you live. The Credit Infocenter web site gives a description [...]
Do you own a house? If so, you already have realized the Greatest American Dream, which many of us continue to work hard to have. Additionally, because you already have a house, you already have easy access to money through Home Equity Loan or Home Equity Line Credit. It is thus easier for you to [...]
It is important to be fully informed about all your options before you jump into any kind of debt. You need to manage your finances responsibly so you have a healthy fiscal future and peace of mind. If you are informed, managing your repayments and keeping a squeaky clean credit history will be much easier. [...]
Tell the world your sob story; we all have one… or a dozen. Tell someone your problems and you’ll either be met with three problems right back in your face, or a nose in the air from someone who couldn’t care less. When you’re in a financial pinch and need some fast money, online venues [...]
So you’ve been to university and got yourself a degree. That’s great! But now you’ve also got yourself a great big HECS bill. You now face the daunting task of paying it off- pretty stressful right? The way it works is that you can pay HECS upfront in full or part (as long as it [...]