Know Predatory Loan Terms to Protect Your Home, Car, and Paycheck

Predatory mortgage loans are loans that come with high interest rates, and have many hidden fees, charges, and future interest rate increases. They come with adjustable rates that have extremely high caps, or worse yet, balloon payments at the end of the term equal to the original loan, with interest only loans. The predatory adjustable rate loan comes with a low teaser rate to start with, and then skyrockets later. Low information buyers often thought the low teaser rate was at or near the final rate, and were mortified when they received their new adjustable rate payment schedule after a period of time. Read More...

The United States Debt versus the Debt Ceiling and How
They Influence Our National Security

In the United States very few, almost no
Americans pay cash for anything. They borrow
more money than they can dream of; to buy a
house, a car, a college education, or
simply to go on vacation. Most Americans,
who make just $60,000 a year, buy homes that
cost as much as $250,000 or more, mostly with
a note of debt. That note is usually...
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