breaking down terms used in financing documents

While most consumers are aware of and have likely taken advantage of, a car or home loan, they may have little or no experience with a personal loan. Unlike many other types of lending instruments, personal loans are unsecured, meaning they are not tied to a car or house or some other type of collateral. Instead, lenders use information about the borrower to help them decide whether to make the loan, including the borrower's income and previous credit history.

When it comes to bail bonds, cash is king. However, cold hard cash might not be an option if you're low on cash and can't come up with the 10-percent fee required by most bail bondsmen. But what about using a credit card if you have one? That may not be feasible, either, due to low or maxed-out credit limits. Bail bond financing comes in handy if you're short on cash and need a quick way of getting yourself or a loved one out of jail.

As a veteran, you are guaranteed a home mortgage you can afford and one which is granted to you because of your veteran status. That means that no veteran ever needs to be homeless when they (and you) can all get a mortgage for a home. The mortgages are always very low interest as well in order to help military families remain in comfortable, suitable housing without paying through the nose to keep a roof over their heads.

When you are out and about during a holiday weekend, it is always important that you do what you can to stay safe. Holidays bring out crowds and create an uptick in alcohol consumption. This, with an increased police presence, creates a formula for more arrests. Even if you get arrested, all is not lost.  Follow these tips so that you can learn a bit more about how to prevent and deal with an arrest during a holiday weekend.

If you are a member of the military and on active duty, or you have already served your country on active duty in the past, there are a number of loan programs you can use to buy a home. These programs are only for veterans and military personnel; civilians who are not married to military personnel cannot apply for any VA loan program, giving you the edge in the mortgage industry.

If you're trying to establish your credit, you need to start with a credit card. Low-limit credit cards are a great way to build your credit, especially if you're careful. However, if you make mistakes with your credit card, you could end up ruining your credit before you get a chance to establish a positive track record. Here are four tips that will help you establish credit and avoid problems with your new credit card.

Purchasing a run-down house and remodeling it can be a great way to make money in the real estate market, and this is often referred to as flipping homes. Flipping a home will require buying a house, investing money into the house, and then selling it for a profit, and one of the reasons more people do not do this is because they cannot get a loan to buy a house to flip.