[Blog Main Page]  [Log in]  [RSS]                           

The recent financial crisis may have you feeling that you may never qualify for an unsecured loan again, but fortunately the government bailout has loosened the credit market to allow more borrowers to get the unsecured loans that they desperately need. Although market conditions are fluctuating slowly with each passing day, more and more lenders are gaining the confidence to begin writing unsecured loans that might have been nearly impossible to get just weeks ago.

Credit Freeze Is Melting

Unsecured loans are the least favorite loan among lenders due to the risk that is posed when the loan money to borrowers without having established collateral that backs up the loan in the case of default. For those with decent credit scores, getting an unsecured loan is again possible, although all borrowers can make their application more lender-friendly by dusting off their credit file to make sure they are in tip-top shape.
(read more…)

The rising cost of health insurance has been putting an increasingly unsustainable burden on individuals and families. Each year as premiums go up, employers are less able to contribute as much without putting a strain on the budget.

This is especially true of small and medium sized businesses, many of whom offer no contribution to health insurance premiums, forcing any employee who wants it to pay the full amount of their employer’s “discounted” rate. Since for smaller companies the premium can be well over $1,000 per month for family coverage, health insurance is out of reach for many middle class and virtually all lower class citizens.
(read more…)

1 Comment