Recent Lending King Articles
Adding a Cosigner to get Approved for a Loan
Published on: September 12th, 2013 11:19 pm EST
Interest rates might be creeping up a bit, but they are still relatively good for those who can get them. For those who cannot, it does not matter if rates are 0 percent. They still will not be able t...
US Bank Profit Summary for Quarter 2, 2013
Published on: September 1st, 2013 10:20 pm EST
The second quarter of 2013 was quite good for banks in the United States. Back in 2008, many banks were on life support, and the government had to infuse capital into the system to allow banks to cove...
Comparing Banks' Auto Refinancing Rates
Published on: August 27th, 2013 2:34 pm EST
Many people have been able to save thousands of dollars just by taking advantage of low interest rates and refinancing their home mortgages. Refinancing a home loan is not the only way to save money. ...
What is a Loan Modification Program?
Published on: August 20th, 2013 10:43 pm EST
The Great Recession put a severe cramp on many families' finances. Many who had a great job with steady income lost their job and the income that came with it. Additionally, many people who saw a high...
What is Peer-to-Peer Lending?
Published on: August 8th, 2013 7:18 pm EST
Getting a loan through a bank can be expensive. Some people have trouble getting financing when they need it. Safe investments like certificates of deposit (CDs) used to pay 5 or even 10 percent in th...
Average Cost of a New Vehicle: 2009 - 2013
Published on: August 6th, 2013 11:45 am EST
Like most other things, the price of vehicles continues to go up each year. Of course, today's cars are much more comfortable and have many more features than did one of Henry Ford's $260 famous Model...
Best Refinancing Rates: August, 2013
Published on: August 5th, 2013 1:45 pm EST
The United States has seen a large reduction in home mortgage interest rates over the past decade. About 10 years ago, an interest rate of around 6 percent was quite good. In April and May of 2013, th...
Pros and Cons of Using an Online Mortgage Broker vs. a Local Bank
Published on: August 2nd, 2013 7:20 pm EST
Millions of Americans shop around for a mortgage each year. Even at the height of the Great Recession, millions of homes changed hands annually. As the recovery has accelerated slightly, many prospect...
Number of Vehicles Sold in the United States: 2002-2012
Published on: July 27th, 2013 4:25 am EST
The automobile industry is a major indicator of the American economy. Traditionally, if the major automakers have done well, the state of the US economy has also been strong. For an indication as to h...
What is an Online Quote Aggregator?
Published on: July 25nd, 2013 3:55 am EST
Finding the best interest rate or the best insurance premium can be a challenge. There are literally thousands of bank and insurance websites that are on the Internet that people could check to get th...
Choosing to Get a Mortgage With a Big Bank, Small Bank, or Credit Union
Published on: July 22nd, 2013 5:06 am EST
When getting a home loan, those who have good credit have many options available to them. They can choose from a number of different lenders to find which one best fits their needs. Most people will b...
US Existing Home Sales, 2008 - 2012
Published on: July 17th, 2013 4:30 am EST
When the economy experienced the massive recession in 2008 and 2009, many people who had homes were forced under water on their mortgages. Many others had their homes foreclosed. The lack of available...
Top Five Vehicles Sold in the US - June 2013
Published on: July 16th, 2013 2:00 am EST
June 2013 saw gains in automobile sales yet again. After the economic crash, many people have cars that need to be replaced. This is great news for auto companies as sales have been up over the past s...
Best Mortgage Rates - July 2013
Published on: July 15th, 2013 3:53 am EST
Getting a really great interest rate on a home has gotten more difficult over the past couple of months. While rates in the 4.5 to 5 percent rate are historically closer to the average, they are not n...
Comparison of Top 5 US Banks' Interest Rates - July 2013
Published on: July 8th, 2013 3:53 am EST
Interest rates have been rising quickly in recent weeks from a low of around 3.5 percent on a 30-year fixed mortgage. The increased cost of borrowing has a major impact on the ability of Americans to ...
What it Means to Print Money
Published on: July 4th, 2013 2:34 pm EST
When most people hear that the Federal Reserve is printing money, they have visions of large printing presses bringing more paper money into circulation. This is not exactly what happens. The Fed cann...
Rising Interest Rates' Affect on Loans (July 2013)
Published on: July 1st, 2013 2:30 pm EST
Central banks around the world have been quite loose with printing and lending money lately. They have also held rates at historically low levels to encourage economic activity. The United States is n...
When to Refinance Your Mortgage
Published on: June 30th, 2013 1:21 am EST
Low mortgage rates over the past few years have led many homeowners to seek to refinance their loans. Others have refinanced to access some of the equity in their homes. Regardless of the reasoning us...
What is the Best Type of Home Loan?
Published on: June 28th, 2013 8:20 am EST
Buying a home is a dream for millions of Americans. There are literally millions of homes to choose from around the country, and finding the right home for a family's needs can be quite a challenge. C...
Explanation of the Term 'Right of Rescission'
Published on: June 27nd, 2013 1:18 pm EST
Most banks are pretty explicit on what they can do for consumers, but not all lenders are as forthcoming as others. The Truth in Lending Act instituted the right of rescission to help protect borrower...
Getting Approved for a Loan Before Visiting the Car Dealer
Published on: June 22nd, 2013 2:00 am EST
Getting a new car is something that many Americans look forward to when their current vehicle starts to get some age. The average age of a car on the road today is around a decade old so many people a...
When is a Good Time for an Auto Refinance?
Published on: June 22th, 2013 2:00 am EST
While interest rates have been creeping up a bit in recent weeks, they are still lower than their historic average. Many people have outstanding car loans that they took out at interest rates of 6 per...
How to Get an Auto Refinance Loan
Published on: June 21th, 2013 1:41 am EST
Many people have taken advantage of the low federal funds rate. Banks are getting funding from the Federal Reserve for no interest. This has been great for those who took out loans at relatively high ...
Choosing the Best Debt Consolidation Option
Published on: June 20th, 2013 9:00 am EST
Millions of Americans struggle with making their monthly credit card payments. Each card will have a minimum payment, and for those who have large balances, most of the payment will go toward paying i...
How to Buy a Home
Published on: June 19th, 2013 2:32 am EST
For the past few years, mortgage rates have been at record or near-record lows. This has led many people to enter the market for a new home. Getting a home can be a very long and drawn out process. He...