Design Trends that Add Extra Flair to Your Fancy Home

After Celebrity Snoop Dogs launched on Channel 4 on June 26, our collective obsession with celebrity homes became even bigger. Thanks to a GoPro camera strapped to a celeb’s beloved pooch, viewers are afforded a glimpse inside an A-Lister’s house.

While some celebrity homes may be described in some circles as ‘understated’, others are unashamedly extravagant. The world has always been strangely fascinated with celeb homes, with countless regular Joes making a huge effort to replicate certain aspects of a celebrity home when designing their own abode.

Whether you are a world-famous celeb or just someone who appreciates an exquisite home, here are a few of the hottest home design trends to follow before the year comes to an end.

Decorative elements are more dramatic than ever before

If you want your home to have the same theatrical appeal as your typical celebrity crib, consider investing in a range of dramatic decorative elements that will breathe new life into your home.

Tapestries that depict tranquil landscapes, colorful oriental designs or mythological artwork are considered hot property right now. Additionally, old, ultra-modern accessories including black-lined frames and mirrors, modern prints, oversized sculptures and vases, and contemporary cushion covers, carpets and rugs can all add a touch of drama to a room.

You can even opt for a dramatic kitchen or bathroom by steering clear of traditional white tiles and finishes and opting for dark colors and copper or gold fittings.

Bonus rooms add significant value to a house

Celebs are known to have a love for the extravagant, which is why you will find  everyone from J-Lo to P. Diddy owning homes that feature bonus rooms such as gyms, sunrooms, cinemas and wet bars. Industry specialists ranging from Hollywood interior designers to home builders in Delaware are creating exquisite, award-winning homes that effortlessly incorporate innovative spaces such as sunrooms and home cinemas into a home design.

Depending on the amount of space you have available, you can add a number of lush spaces to your home design. Home offices are always popular, as are dedicated homework rooms for children. Smoking rooms, man caves, game rooms, home theaters fitted with all the latest hi-tech gear are also becoming increasingly popular among new homeowners, as are she-sheds.

Mixed metals make a lasting impression

Mixing metals is once again trending this year, with celebs and ordinary people alike opting to mix warm and cool metals to obtain an intriguing, luxurious look.

While metal finishings have been popular for quite some time, furniture in gold, silver, copper, tin and aluminum are all gaining popularity fast. Although metal is very fashionable, there are a few guidelines that need to be adhered to when it comes to decorating your posh abode. When mixing warm metals such as gold and brass with the cool colors of silver and stainless steel, it is important to choose a primary metal and an accent one. You can, alternatively, also opt for neutral metals, such as cast iron, that effortlessly combine with any other metals.  

This year’s design trends will make it possible to spruce up a house with ease. Even if you do not own a mansion in Beverly Hills or Presidio Heights you can still make sure your house is super-stylish and comfortable to live in (and nab some nice compliments from anyone that comes and visits).

Keep reading

How to Add a Touch of Luxury to Your Home without a Costly Renovation
Here’s Everything You Need to Set Up a Meditation Corner in Your House
These Luxury Bar Stools will Take Your Kitchen to the Next Level
Hearing Colors? Here’s What Colors to Choose in Your Home Based on Your Taste in Music

Source: fancypantshomes.com

Credit and Debt Archives – Money Crashers

Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others.

Source: moneycrashers.com

Fast Personal Loans: 6 Best Lenders for Quick Cash

Financial emergencies can happen at any time, and when they do, you need to respond quickly. But this can be challenging if you don’t have the funds available in savings. When this happens, taking out a personal loan can be a good way to cover the shortfall.

happy man

You may think that the process of applying and getting approved for a personal loan would be tedious and time-consuming, but it’s not. Many online lenders will give you access to the funds within the same day or by the next business day.

6 Lenders That Provide Quick Cash Loans

Listed below are six online lenders that provide quick access to personal loans.

1. Upstart

Upstart helps borrowers that have strong financial futures but are still in the process of building their credit. The company will consider a variety of factors, including your degree and your job history. You do need to have a credit score of at least 620 to qualify.

The approval and funding process is quick with Upstart, and you could receive the money within one business day. Upstart does charge origination fees and late fees.

  • Loan amount: $1,000 to $50,000
  • APR range: 5.67% to 35.99%
  • Repayment terms: 3 to 5 years

2. Best Egg

Best Egg caters to creditworthy borrowers that are looking for ways to consolidate their debt. You’ll need to have good to excellent credit to qualify, and you can receive the funds as soon as the next business day.

However, Best Egg isn’t going to be the best option for borrowers with bad credit. And the company does charge origination and late fees.

  • Loan amount: $2,000 to $35,000
  • APR range: 5.99% to 29.99%
  • Repayment terms: 3 to 5 years

3. Avant

Avant is a great option for less creditworthy borrowers who are looking to take out a quick loan. The company offers same-day funding, flexible repayment terms, and refinancing options.

And the company is very transparent about its fees and gives borrowers the option to prequalify for a loan. However, you won’t have the option to apply with a co-signer.

  • Loan amount: $2,000 to $35,000
  • APR range: 9.95% to 35.99%
  • Repayment terms: 2 to 5 years

4. Discover Loans

Discover Loans are a great option for borrowers with stellar credit that are looking for a low interest rate and fast funding. You can receive the funds within the next business day, and the company doesn’t charge any origination fees.

However, Discover does put some limitations on what borrowers can do with a personal loan. You can take out a personal loan to consolidate debt or fund a large home improvement project. These cash loans are not designed to pay for college expenses or pay down the balance on a Discover credit card.

  • Loan amount: $2,500 to $35,000
  • APR range: 6.99% to 24.99%
  • Repayment terms: 3 to 7 years

5. Lending Club

Lending Club was one of the first peer-to-peer (P2P) lenders and is one of the best lenders for borrowers looking for fast, convenient online cash loans. You’ll apply on Lending Club’s website, and the company will match you with investors that are willing to fund the loan.

If you’re approved for a loan the funds will be deposited in your bank account within a week. You should expect to pay an origination fee between 1% and 6% of the total loan amount.

Lending Club is ideal for borrowers with good credit history and a low debt-to-income ratio.

  • Loan amount: $1,000 to $40,000
  • APR range: 6.95% to 35.89%
  • Repayment terms: 3 to 5 years

6. OneMain Financial

OneMain Financial is another lender that is willing to work with borrowers that have bad credit. The company doesn’t have any minimum credit score requirements, and it offers same-day funding on cash loans.

However, you will pay for this kind of convenience. The company charges higher interest rates than others, and you’ll have to pay an origination fee.

  • Loan amount: $1,500 to $20,000
  • APR range: 18.00% to 25.99%
  • Repayment terms: 2 to 5 years

Things to Keep in Mind

Keep in mind that when we say you can receive the funds within the same day or by the next business day, it’s not guaranteed. There are a variety of factors that will influence how quickly you receive the cash loan. These factors include things like the rules of your bank, the loan amount, and when you apply.

If you’re not sure if your credit scores are high enough to qualify with any of these lenders, then you might consider a lending marketplace. With a lending marketplace, you’ll apply, and the company will match you with multiple lenders that are willing to work with you. This lets you compare interest rates from multiple lenders without further damaging your credit.

And finally, when you’re feeling a financial pinch, it can be tempting to settle for the easiest option. But don’t make the mistake of turning to predatory payday lenders that charge insanely high interest rates.

Choosing the wrong lender will only hurt your financial situation over the long haul. If you’re this desperate for cash, consider asking friends or family to loan you the money. Or you can look for creative ways to earn some extra money.

Summary

If you’re looking for a fast cash advance loan, any of the lenders on this list will make an excellent choice. The application process is fast, and if you’re approved, you can receive the funds with the same day or by the next business day.

Make sure you understand the terms and conditions of that loan before agreeing to anything. And start taking steps to save an emergency fund so you won’t find yourself in this situation again.

Source: crediful.com

A Guide to Consolidating and Refinancing Student Loans

  • Personal Loans

Student loan consolidation and refinancing can help you manage your debts, reducing monthly payments, creating more favorable terms, and ensuring you have more money in your pocket at the end of the month. 

Get approved fast for a Personal Loan!

Compare multiple loan options from the nation’s top lenders.

Attention: Still Open During the Financial Crisis…

Tip: Apply now to see if you qualify for a personal loan today!

But how do these payoff strategies work, what are the differences between private loans and federal loans, and how much money can consolidation save you?

Private and Federal Student Loan Consolidation

Federal student loan consolidation can combine multiple federal loans into one. Private consolidation can combine both federal loans and private loans into a new private loan. The act of consolidation can improve your debt-to-income ratio, which can help when applying for a mortgage and greatly improve your financial situation.

Which Loans Qualify for Student Loan Consolidation?

You can generally consolidate all student loans, including Federal Perkins loans, Direct loans, and other federal loans, as well as those from private lenders. You cannot consolidate private loans with federal loans, but you can consolidate them with other private loans.

What Should you Think About Before Consolidating Student Loans?

Consolidating isn’t just something to consider if you’re struggling to meet current terms. In fact, private lenders often require a minimum credit score in the high-600s and you’ll also need to have a stable income (or a cosigner) and a history of at least a few punctual payments.

Federal student loans are a little easier to consolidate and available to more borrowers, including those looking to qualify for income-based repayment or student loan forgiveness schemes.

In either case, it can reduce your monthly payments, making your loans more manageable.

How to Consolidate Private Student Loans

Some of the private lenders offering this service include:

  • LendKey
  • Citizens One
  • CommonBond
  • SoFi
  • Earnest

The rate you receive will depend on your credit score and whether you opt for a variable interest rate or a fixed interest rate, but generally, they range from 3% to 8%. Each lender has their own set of terms and requirements, but they’ll often require you to:

  • Be at least 18 years old
  • Have no more than $150,000 in debt
  • Be the main borrower (not the cosigner)
  • Complete a credit check

The lender will run some basic checks to determine your creditworthiness before offering you a consolidation sum that will clear your debts and leave you with a single monthly payment. There are different types of private loan depending on whether you’re applying to consolidate just private loans or both federal loans and private loans.

If you only have federal loans, you should apply for federal student loan consolidation instead.

What Will I Pay?

The main goal of student loan consolidation is to reduce your monthly payment. If you have a strong credit score you can get a reduced interest rate and may even benefit from a reduced repayment term. However, as with most forms of consolidation, it’s all about reducing that monthly payment, improving your debt to income ratio and increasing the money you have leftover every month.

Shop around, consider all loan terms carefully, run some calculations to make sure you can meet the monthly payment, and compare repayment options to find something suitable for you.

Don’t feel like you need to jump at the first offer you receive. A personal loan application can show on your credit report and reduce your credit score by as much as 5 points, but multiple applications with multiple private lenders will be classed as “rate shopping”, providing they all occur within 14 days (some credit scoring systems allow for 30 or 45 days).

How Federal Debt Consolidation Loan Works

Federal student loan consolidation won’t reduce your interest rate, but it does make your repayments easier by rolling multiple payments into one and there is no minimum credit score requirement either.

When you consolidate federal student loans, the government basically clears your existing debt and then replaces it with a Direct Consolidation Loan.

You can consolidate directly through the government, with the loan being handled by the Department of Education. There are companies out there that claim to provide federal student loan consolidation on behalf of the government, but some of these are scams and the others are unnecessary—you can do it all yourself.

You can apply for consolidation once you graduate or leave school and you will be given an extended loan term between 10 and 30 years.

Just visit the StudentLoans.gov website to go through this process and find a repayment plan that suits you.

What is Student Loan Refinancing?

Student loan refinancing is very similar to consolidation and the two are often used interchangeably. In both cases, you apply for a new loan and this is used to pay off the old one(s), but refinancing is only offered by private lenders and can be used to “refinance” a single loan.

The process is the same for both and in most cases, you’ll see “consolidation” being used for federal loans and “refinancing” for private loans.

Student Loan Forgiveness and Other Options

You may qualify to have your federal student loans fully or partially forgiven. This is true whether you have previously been accepted or refused for repayment plans and it can help to lift this significant burden off your shoulders.

  • Public Service Loan Forgiveness (PSLF): Offered to government workers and employees with qualifying non-profit companies. You can have your federal loans forgiven after making 120-payments. This program works best with income-focused repayment plans, otherwise, you may have very little left to forgive (if anything) after that period.
  • Teacher Loan Forgiveness: Teachers can have their federal student loans partially forgiven if they have been employed in low-income schools for at least five years. They can have up to $17,500 forgiven.
  • Student Loan Forgiveness for Nurses: Nurses can qualify for PSLF and this is often the best option for getting federal student loans forgiven or reduced. However, there are a couple of highly competitive options, including the NURSE Corps Loan Repayment Program.

There are also Income-Driven Repayment Plans, which is definitely an option worth considering.

Income-Driven Repayment Plans

An income-focused repayment plan is tied to your earnings, taking between 10% and 20% of your earnings, before being forgiven completely after 20 or 25 years. There are four plans:

  • Pay as you Earn (PAYE): If you have graduate loans and are married with two incomes then you may qualify.
  • Revised Pay as you Earn (REPAYE): Offered to individuals who are single, don’t have graduate loans, and have the potential to become high earners.
  • Income-Based Repayment: If you have federal student loans but don’t qualify for PAYE.
  • Income-Contingent Repayment: If you have Parent Plus loans and are seeking a reduced monthly payment.

These programs can greatly reduce your monthly payment and your obligations, but they are not without their disadvantages. For instance, they will seek to extend the repayment term to over 20 years, which will greatly increase the total interest you pay. If anything is forgiven, you may also pay taxes on the forgiven amount.

You can discuss the right option for you with your loan servicer, looking at the payment term in addition to your current circumstances and projected income as well as your student loan terms.

Conclusion: Help and More Information

Student loan refinancing and consolidation can help whether you’re struggling with federal loans or private loans, and there are multiple options available, as discussed in this guide. If you have credit card debt, personal loan debt, and other obligations weighing you down, you may also benefit from a debt management plan, balance transfer credit card, or a debt settlement program.

You can find information on all these programs on this site, as well as everything else you could ever want to know about federal student loans and private loans.

Source: pocketyourdollars.com

Buying a Home for the First Time? Avoid These Mistakes

Buying a home, especially if you’re a first-time home buyer, can be daunting and nerve racking.

But it does not have to be. LendingTree’s online loan marketplace has got you covered – at least when it comes to getting a mortgage.

A 2016 study by the Office of Research of the Bureau of Consumer Financial Protection reveals that prospective buyers who shop for a mortgage when buying a home for the first time report “increases consumers’ knowledge of the mortgage market and increases consumers’ self confidence in their ability to deal with mortgage related issues.”

The importance of shopping for a mortgage as a first-time home buyer is that it saves you money in the long term and “reduces the cost of consumers’ mortgages,” the study found.

The home-buying process can be intimidating. So being aware of these mistakes when buying a home for the first time can help you save thousands and thousands of dollars in the long term.

10 Mistakes to avoid when buying a home for the first time.

1. Not knowing your credit score.

We are all aware that the higher your credit score, the better.
Yet, despite this fact, many people fail to check their credit score before
buying their first home.

And a low credit score can lead to a high interest mortgage loan, or even worse, a loan rejection. Given the fact that your credit score is the number 1 item mortgage lender looks at, it pays off to know where you stand.

Credit Sesame will let you know what your credit score is for free and monitor it for you. It will also offer tips on how to raise your credit score and reduce your debt.

Just sign up for a free account – it only takes 90 seconds.

Mortgage rates and fees vary across lenders. In other words, two applicants with the identical credentials can get different mortgage rates. Despite this, however, many fist-time homebuyers fail to shop and compare mortgage rates before buying their first home.

The study reveals that 30 percent first time homebuyers do not
compare and shop for their mortgages, and more than 75 percent reported
applying for a mortgage with only one mortgage lender.

The study further reveals that “failing to comparison shop for a
mortgage costs the average homebuyer approximately $300 per year and many thousands
of dollars over the life of the loan.”

An easy way to shop and compare for a mortgage is with LendingTree. Their simple and straightforward platform can help you find and apply for the right loan all in one place.

3. Sticking with the first mortgage lender you meet.

While it’s tempting to work with your local mortgage lender who’s
only a few blocks away from your home, this decision requires more time. Take
time to meet with at least three mortgage lenders before picking the best match
for you.

Fortunately, LendingTree free online platform, allows you to quickly browse several mortgage rates with several mortgage lenders without visiting a dozen bank branches.

4. Not knowing what loans are available to you.

If you’re buying a home for the first time, one thing you need to address is what types of loans are available to me. Sometimes the answer to this can be quite simple: conventional loan. This is because most people know about this type of loan.

But conventional loan requires at least 20% down payment. And the credit score needs to be in the 700. *Note: You can put less than 20% down payment, but you will have to pay for a private insurance mortgage (PMI).

Sometimes it’s not feasible to come up with that type of money as a first time home buyer. So knowing if other loans are available to you is very important.

FHA loan

One type of loan that is popular among first time home buyers is FHA loan. It is so popular because it’s easier to get qualified for it. And the down payment is very little comparing to that of a conventional loan.

For example, FHA loans require a 580 credit score and a down payment as low as 3.5% of the home purchase price. This makes it easier to qualify for a home loan when you’re on a low income.

VA loans

VA loans are another great option for first-time homebuyers. However, you have to be a veteran. Unlike a FHA or a conventional loan, VA loans require no down payment and no mortgage insurance. This can save you thousands of dollars per year.

So if you’re in market for a loan to buy your first home, you need to educate yourself about the different available loans.


Not All Mortgage Lenders Are Created Equally

When it comes to getting a mortgage, rates and fees vary. LendingTree allows you to view and compare multiple mortgage rates from multiple mortgage lenders all in one place and at the same time, so you can choose the best rates for your needs. LendingTree makes getting a loan faster, simpler, and better. Get started today >>>


5. Not getting pre-approved for a mortgage

One of the first time home buying mistakes you should avoid making is not getting a pre-approval letter. You can simply contact a lender and request it. The mortgage lender will pull your credit report to make sure you have the minimum credit score requirement.

They will also need your bank statements, W2s, recent income tax returns, pay-stubs to verify your employment and ability to afford the loan.

Why this is important? A pre-approval letter means that you’re a serious buyer. It signals that you’re able to commit to the house once an offer has been accepted. It also makes you more desirable than the other potential buyers.

Get a Pre-Approval for a Mortgage Today

6. Not knowing how much you can afford

Buying a home is probably going to be the biggest expenses you’ve ever made. But buying a house you cannot afford can lead to financial trouble along the road. Paying an expensive mortgage for 15 to 30 years on a low income can be hard.

So it pays to know how much house you can afford before you start searching for your home.

The best way to know how much house you can afford is to look at your budget. Take into account your expenses and income and other costs associated with owning a home.

7. Not knowing other upfront costs

If you think that the only cost to buying a home is a down payment, then think again. There are several upfront costs associated with owning a house. These upfront costs include private mortgage insurance, inspection costs, loan application fees, repair costs, moving costs, appraisal costs, earnest money, home association dues.

As a first time home buyer, this may come to you as a surprise. So, be ready to have enough money to cover these costs.

8. Failure to inspect your home.

Although some banks would prefer you inspect your home before they offer you a loan, it’s not mandatory. But that does not mean you shouldn’t do it. Not inspecting your home can cost you a lot. Inspection discovers defects that you may not know about. Inspection costs can be anywhere from $300 to $700.

Don’t be stingy with these costs. It’s better to find out about any hidden defects , like a faulty wiring and plumbing, than finding about them later. To avoid regretting your decision or having to spend thousand of dollars on repairs down the road, consider an inspector.

9. Failure to check out the neighborhood.

Just because the street or the neighborhood your potential house is located is quiet or is not run down doesn’t mean crime is not a problem. So before buying your home, you should check out the neighborhood. Take a trip at night to get a feeling of the environment. Talk to residents. Most importantly, check with the local police station – they can be a great resource when it comes to crime rates in a particular location. This is simply one of the first time home buying tips you shouldn’t ignore.

10. Searching for a mortgage on your own.

There are several mortgage lenders available to you. But choosing one that is right for you can be tough.

The LendingTree online platform makes it easy and simple for you to find the right home loan for you. Now you can get matched up to several mortgage lenders all in one place and at the same time. And the whole process just takes a few minutes.

Follow these steps to get matched with the right mortgage:

  1. Go to www.lendingtree.com;
  2. Answer a few questions regarding the type pf loan yo need and you’ll use it. Within a few seconds, you’ll see multiple, competing offers from several lenders;
  3. You then shop and compare offers side by side.

Ready to get started? Find your best loan!

The bottom line is when it comes to buying a home for the first time, you should not take any shortcut. Doing so can cost a lot of money down the road. So before buying your first home, make sure you get the right mortgage loan, inspect the home, and have enough money to cover some of the upfront and ongoing costs associated with owning a house.

Speak with the Right Financial Advisor

Still looking for first time home buying tips? You can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc). Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

Source: growthrapidly.com