Did you know you may be charged a prepayment penalty for attempting to pay off your loans early?
Prepayment penalties are fees that some lenders charge if you refinance or pay your mortgage off early. Not only are they fairly common—they’re also often misunderstood by borrowers.
In this article, we’ll discuss how a mortgage prepayment penalty works, the typ ... Show More
Aug 2020
How to Pay Off Your Student Loans in 2020 | Robert Farrington
Student loan debt in 2020 hit a record and is now about $1.56 trillion and growing. If you have student loan debt, I can bet you’d do just about anything to get it paid off. You might also feel a great deal of anxiety, maybe even depression, or anger towards your student loans. N ... Show More
52m 11s
Mar 2024
2654: Stupid Or Smart? (Getting A Loan To Pay Off Your Debt) by Philip Taylor of PT Money
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2654:
Philip Taylor of PTMoney.com delves into the complex decision of using loans to pay off debt, offering a critical exa ... Show More
8m 59s
Feb 2021
170: Finance Friday: Trading Debt for Cash Flow and Liquidity with Teacher Erik
Erik and his wife have three big debts to tackle: their mortgage on their primary residence, their mortgage on their rental property, and a HELOC (home equity line of credit) taken out as the down payment for their rental property. So, which debt should they tackle first?
As two ... Show More
1h 16m