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Borrowing Money

Never Borrowed Money Before? You're Not Alone

Allan Smith | Posted 09.06.2016 | Business
Allan Smith

Image credit: Daytodayfinance When it comes to borrowing money, some people borrow way too much. Other people have the opposite problem. Borrowing is...

Why You Should Avoid Taking More Student Loan Debt Than You Need

Credible | Posted 07.01.2016 | Education

Once you are approved for your student loan, it can be easy to look at the loan as free money. If you already need to pay for your classes, you might as well use any extra money to "help" you succeed in school, right? Wrong!

P2P Lending Is Not Dead

Jorge Newbery | Posted 06.08.2015 | Business
Jorge Newbery

A short while ago, I pronounced P2P lending dead. Annihilated. Massacred by Wall Street bankers. Choked by a Black Rock. Then, I heard from Dara Albright, co-founder of LendIt, the largest peer-to-peer lending conference in the world.

Neither a Lender Nor a Borrower Be!

Yvonne Kariba | Posted 06.03.2015 | Money
Yvonne Kariba

If you haven't heard this saying; you probably live under a rock or haven't experienced the disappointments that come with leading anyone money. This saying was originally coined by Shakespeare, the great Poet and Playwright.

P2P Lending Is Dead

Jorge Newbery | Posted 04.22.2015 | Business
Jorge Newbery

First, disco bit the dust. Then, punk rock keeled over. Now, peer-to-peer lending has been annihilated. Who murdered P2P? Wall Street.

The Etiquette of Borrowing and Lending Money

Diane Gottsman | Posted 10.20.2014 | Money
Diane Gottsman

Borrowed money creates a layer of tension and can strain the strongest of relationships, despite the best of intentions. Is it possible to borrow or loan money and keep your relationship intact?

Suze Orman: How To Borrow Money Like a Pro

Posted 03.11.2015 | OWN

Here are savvy strategies for dealing with loans, plus ways to get ahead on your retirement savings. By Suze Orman Q: I'm a 27-year-old marrie...

Friends and Your Money: Hanging Onto Both of Them

Don McNay | Posted 01.15.2013 | Money
Don McNay

Since family and friends are the primary reasons that people blow a lump sum, if you can invest in good quality relationships, you can go a long way toward maintaining financial success as well.

Financing Experts Posted Advice Online for Buying and Selling a Business or Franchise

Jerry Chautin | Posted 10.31.2012 | Small Business
Jerry Chautin

I attended a webinar a few weeks ago called "Best Practices in Buying and Selling a Business with a Focus on Financing." It explored the availability ...

Crowd Funding Injects Up to $1 Million Cash Equity Into Your Business and Increases Your Borrowing Power

Jerry Chautin | Posted 11.18.2012 | Small Business
Jerry Chautin

In part, the JOBS Act permits entrepreneurs to raise up to $1 million in any 12-month period with much less stringent requirements. Moreover, non-accredited investors will be permitted to invest up to $2,000 each.

Catherine New

Why Your Friends Won't Pay You Back | Catherine New | Posted 07.31.2012 | Money

Friends will never pay you back. It's not because they are forgetful or cheap, it's because they told themselves the $200 you kindly lent them in June...

Why You Need to BORROW Money to Improve Your Credit Score

Jeanne Kelly | Posted 06.18.2012 | Money
Jeanne Kelly

So how do you have debt and manage it responsibly to build up a history of good borrowing? Here are two things to know.

Crowdfunding, a Burgeoning Phenomenon to Raise Money for Some Enterprises and Nonprofits

Jerry Chautin | Posted 07.17.2012 | Small Business
Jerry Chautin

Kiki Karpus invests in start-ups and emerging businesses -- well, sort of. Instead of choosing the companies based upon the likelihood of their succes...

Don't Abolish SBA; Mills Says Her Agency Is Faster, Quicker, Better

Jerry Chautin | Posted 06.11.2012 | Business
Jerry Chautin

Some legislative ideologues and conservative groups would rather abolish the SBA than spend taxpayers' money to boost its small business loan-guarantee programs.

When it Comes to Finances, Put Yourself First

Suzanna de Baca | Posted 05.01.2012 | Women
Suzanna de Baca

When it comes to finances it's best to take the airplane oxygen mask approach -- secure your own before helping others.

Commercial Mortgage Bankers Are Doing Deals As the Real Estate Market Breathes New Signs of Life

Jerry Chautin | Posted 04.02.2012 | Business
Jerry Chautin

Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals.

HARP Is Harping on the Wrong Solution and Bilking Taxpayers

Jerry Chautin | Posted 01.29.2012 | Business
Jerry Chautin

The revised HARP program will help a few homeowners and investors at taxpayers' expense. It will release refinancing lenders from liability. And most disappointing, it may have no discernible effect on improving our economy.

How To Arrange Family Loans

The New Old Age | Posted 01.15.2012 | Fifty

A family that contacted me recently has had numerous disagreements about their mother's small estate, but the most contentious issue is what to do abo...

SBA is Making Lines of Credit More Available --- Maybe

Jerry Chautin | Posted 01.11.2012 | Small Business
Jerry Chautin

To provide the much-needed liquidity, the U. S. Small Business Administration is revising its CAPLine program to make lines of credit more acceptable to lenders and more available to small-business owners. However, banks would rather make conventional LOCs rather than hassle with some of the SBA's requirements.

Lender "Screws Up," Others Can Learn From Its Mistakes

Jerry Chautin | Posted 10.17.2011 | Business
Jerry Chautin

Every bank has its own sweet spot for small-business loans and will look at your application somewhat differently. Find the right one and form a business relationship before applying.

U.S. Consumer Credit Rose By $5 Billion In May

Posted 09.07.2011 | Business

WASHINGTON (Glenn Somerville) - U.S. consumer credit rose by another $5.08 billion in May, according to a Federal Reserve report on Friday that sugges...

Entrepreneurs Are Stopped Cold for Lack of "Skin in the Game"

Jerry Chautin | Posted 06.18.2011 | Business
Jerry Chautin

Passion and a great idea are not enough to start a business. In my last two columns, I wrote that you must demonstrate enough predictable cash flow an...

How To Get A Small Business Bank Loan: The Five Cs

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Capacity, capital, collateral, credit, and character are the "Five Cs" that loan offers learn in Lending 101. But to most small-business loan applicants in need of money, it is an esoteric and arduous exercise.

Obama's Job Creation Plan and Business Growth Coincide at Exporting

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

You can increase your revenues by selling products and services overseas, even if you've never done it before. Moreover, exporting creates jobs in America. That is why Obama wants the federal government to help you get started.

Brokers Are Blamed for Loan Failures

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Lenders, brokers and borrowers beware. The Small Business Administration's Inspector General is looking for errors made during the origination, closing and servicing procedures.