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Tag Archive: borrow

Jul 30 2015

Dear Alma

A Niece with Sticky Fingers Dear Alma, About six months ago, my sister moved back to our hometown with her daughter, who is 10 years old. They don’t live that far from me, its walking distance. I recently noticed when my niece comes by to visit without her mother, after she leaves, a few of …

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Apr 17 2012

Cosigning mistake can drag you down

By Mary Hunt Dear Mary: A few years ago, I cosigned a home loan for my sister. She promised me at the time that she’d refinance within the year and take me off the loan. Well, that never happened, and my sister is in serious financial trouble. The bank is threatening to foreclose on her …

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Jan 05 2012

Borrowing and financing, there’s a difference

By Mary Hunt OK, my Dear Readers, I have a question for you: Is there a difference between borrowing and financing? Don’t stress. I’ll tell you: There is, and understanding the difference is important to your financial health. Debt is the result of both borrowing and financing. But think of debt as a rope. You …

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