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The 3 things you need to know before you buy a new car

buying a new car

There are many things to consider before purchasing any car, but buying a new car might spark particular questions. There are pros and cons to buying a new car, just as there are pros and cons to buying used cars.  First off, when purchasing any vehicle, ask yourself “Why am I buying this car?” Is…

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Understanding your debt-to-income ratio

debt-to-income ratio

Have you ever applied for a loan and been told that your debt-to-income ratio was too high? You may have wondered what that meant. Your debt-to-income ratio is the portion of your income that goes to debt payment, and it is a key component of creditworthiness. Lenders consider debt-to-income ratio along with credit score when…

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Why solar is surprisingly affordable

Solar Panels

You’re sitting at your desk, eating lunch, using your last five minutes of your break to pay a bill online. Watching the spinning circle as your payment processes, you notice the sun shining through the window reminding you to check that special app on your phone. This app shows you how much power your solar…

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The ABCs of car loans

illustration two people buying a car

You’ve done your research and are now ready to purchase your new (or used) vehicle. Now, how do you pay for it? Unless it is an inexpensive used vehicle, most people don’t have the cash to pay for a vehicle, so they have to take out an auto loan. If you’ve never financed a vehicle,…

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Why was my loan denied?

old typewriter and word "rejected"

You applied for a loan and your application was denied.  And now, you are left wondering why. Here are six common reasons loan applications get rejected, and steps you can take to make yourself more likely to be approved for your next loan. Your credit score is too low Your credit score, also called a…

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