Tag Archive: borrow

Permanent link to this article: http://www.easttexasreview.com/be-your-own-loan-shark/

Apr 17

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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Permanent link to this article: http://www.easttexasreview.com/cosigning-mistake-can-drag-you-down/

Jan 05

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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Permanent link to this article: http://www.easttexasreview.com/borrowing-and-financing-there%e2%80%99s-a-difference/