Whether you’re a business offering financing options to consumers or you’re a consumer out looking for ways to pay over time for the things you want, you’ll be interested to know that financing programs are not static. The old adage “Nothing is certain but death and taxes” rings true when it comes to lending options [...]

The advertisements are everywhere. They’re on TV, satellite radio, mail, web browsing, and social media.  Lenders want you to bring your outstanding balances to them with the promise of a lower rate, which may or may not be true. It sounds like a good idea – make three or four different payments become one. But, [...]

Some journalists have been sounding the rising debt alarm bell. While I’m not worried about current debt levels, I do take solace in the concerns being raised, as there was none of that pre-2008. What I will attempt to do in this post is to break household debt down for you.  The Federal Reserve Bank [...]

So, your credit score is nothing to write home about and you really need (or want) that large purchase. You can fit a personal loan payment in to your monthly budget, and making timely debt payments helps to improve that credit score, so that you can eventually write home about it! But, you cringe at [...]

You know you need to offer your customers a way to pay over time for that product or service. You also know that offering in-store financing can be a hassle, uncertain, and expensive. In fact, most small businesses who have taken the bold step to offer in-store financing only come to find that it is [...]

Key takeaways from a personal loan marketplace study Supermoney put out a detailed and well discussed state of the personal loan marketplace.  Key take-aways from the study are as follows: The consumer lending market is a favorite source of credit for millions of consumers and it’s growing. Household expenses, debt consolidation, and medical expenses are [...]

  It’s not easy being a business selling big-ticket goods and/or services. Wouldn’t it be great if every customer paid cash for their purchases? Or at least had room on a credit card to swipe and be done? But, that is not how many consumers like to purchase things that cost several thousand dollars. They [...]

For those old enough to remember this hilarious sit-com (yes, I’m in that crowd!), will remember how at odds Felix and Oscar were. Lack of trust, disapproval, disgusted with each other, and not wanting to be together best describes the relationship those two had. Well, that kind of sounds exactly how the retail sales associate [...]

When you look at chain retail stores, those with more than a few locations spread out over different geographies, that sell “big-ticket” goods – jewelry, furniture, etc. – they have something in common you don’t typically think of. Yes, they can have similarities in advertising and marketing, purchasing, sales floor operation, and even online presence. [...]

The 3 most important attributes on your credit report Achieving and then maintaining a high credit score is very elusive to many Americans. In fact, a large majority of Americans have less than 750 FICO score and nearly half have a score less than 700. So, why is it so hard to be in the [...]