loans

Just because you can, doesn't mean you should. The adage is as true for borrowing money as it is for poking yourself in the eye with a sharp stick. But, unlike eye poking, which has few benefits, borrowing has good points and bad. "Borrowing where you are not overextending yourself is good borrowing," says Patricia Hasson, president of Consumer Credit Counseling Services of Read more...

For students heading to college this fall, getting financial aid will be a good lesson in money management. It may be tricky to find loans, and the landscape seems to change from one week to the next. For many borrowers, private loans will be hard to get. That's because several of the nation's largest banks have either shut down or significantly reduced their private student loan Read more...

Reverse mortgages have slowly been gaining acceptance among older homeowners as an alternative source of cash. But these financial instruments that allow homeowners who are "house rich but cash poor" to tap into the equity in their homes are very complicated transactions and should not be entered into lightly. "What you don't know can hurt you," says Ken Read more...