This post is part of my Freaky Financial Fridays series, where I argue a case from an opposing view, generally in contradiction to my own philosophy or conventional financial advice.
Interest only mortgages are often associated with the sub-prime meltdown and generally dismissed by responsible financial advisers. While interest only loans are often poor vehicles for [...]
interest only loans
A Case for Interest Only Mortgages
October 3rd, 2008 — , Freaky Financial Fridays, Investing, conventional wisdom, extra money, interest only loans, interest only mortgages, meltdown, mortgage, mortgage interest rate, real estate from Mike @ richerbytheday
Getting Answers To Your Financial Questions
September 30th, 2008 — , Ask the Readers, interest only loan, interest only loans, jonathan papelbon, zillow from Lazy Man @ Lazy Man and Money
Every so often, I get questions from readers. I’d love to get more (contact me) but sometimes the questions I do get deal with topics that are a little outside my level of expertise. When this happens, I often try to direct the person to place that I think can help them find [...]
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The Dangers of Long Term and Interest Only Loans
August 19th, 2008 — , Long Term, P2P Lending, benefit, car loan, consumers, debt, face value, interest only home loan, interest only loan, interest only loans, interest rates, kicker, loans, long term loans, lower monthly payments, money, new trends, personal finance, personal loans, popularity, principle, property values, refinancing your home, selling your home from Rich Leverage @ Rich Credit Debt Loan
There are two new trends in the banking world that may actually be very dangerous for consumers. Long term personal loans and interest only loans are gaining in popularity, especially in the wake of the housing crisis. While these may seem to be a great option at the time, there are many risks from these [...]
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Continue reading → The Dangers of Long Term and Interest Only Loans
