While we may well look back on the coronavirus pandemic as a distinctly human crisis, it’s the socio-economic impact of the virus that may ultimately prove to be most damaging.  According to estimates from the International Monetary Fund (IMF), the global economy is projected to contract by 4.4% by the end of 2020, with the average unemployment rate in developed nations … [Read more...]

Bad credit may not be a death sentence or foreclosure but it is as bad as it sounds. For anyone who doesn't fully understand it, bad credit is a situation where there is failure to make timely payments on borrowed money which is often an indication that there is a likelihood that payments will not be duly made in the future or even worse, not made at all. This means you are … [Read more...]

Thanks to auto loans and the changes that have taken place in the lending industry over the last decades, you can now own a car without paying for it on the spot. If you know your way around this works, you can potentially secure loans to acquire any car you desire. But as you would expect, the interest rates on these loans are pretty high but you can deal with all of that with … [Read more...]

Whether you are investing in futures, stocks or options, online trading can be an excellent way to grow your money. However, you shouldn’t be doing it if it means that you’re risking the clothes on your back or the roof over your family’s head. Remember, your money used for investing needs to come out of a separate pot – one that isn’t linked to the money you use to pay your … [Read more...]