Immediate fixed annuities are one of several types of annuities available through insurance companies. Before purchasing one, the buyer should understand exactly how it works.

A growing number of investors are putting their money into private retirement accounts with annuities being by far the most popular of these.

With annuity rates at an all-time low it is difficult for those retiring to make sure they have the income they will need in retirement.

Life insurance was never designed as an investment. However, life insurance companies have refined this product over many years to accommodate consumer demand and regulatory requirements.

Payday loans, payday advances, and cash advances are generally short-term loans that have interest and other fees attached.

Unpaid credit card debt can come back to haunt you in the form of a bank levy. Bank levies are a type of garnishment in which your creditor forces your bank to turn over money in your bank accounts as payment for a past debt you neglected to pay off.

Payday loans can play an important role in a carefully planned borrowing strategy. As the term implies, payday loans are designed to finance unforeseen expenses and cover temporary cash flow problems until the borrower’s next payday comes round.

If bankruptcy appears to be your only option, seek legal assistance. Bankruptcy is complicated and very form intensive. Making a mistake could result in qualifying debts not being discharged.

A business credit card can give a small business the edge it needs to keep up. It is an unquestionably powerful tool.

Whole life insurance is usually chosen because it has level premiums for life and the fact that the beneficiary receives payouts that are income tax free.

Small business loans offer an opportunity that might not otherwise exist for small business owners. Also referred to as SBA loans, this type of financing is available even when a conventional mortgage is not obtainable from a bank, private lender, or commercial lender.

Utility credit is an integral part of any consumer’s credit history. The manner in which a consumer pays his monthly utility bills can have a positive or negative impact on his score.

Most consumers that opt for dealer financing expect to have their credit scores pulled and reviewed by a car dealer. Car dealers, however, do not always rely on mere FICO scores when making lending decisions.

A low monthly mortgage payment is a common goal among homebuyers. Knowing this, some lenders offer loans that contain a balloon payment. Balloon payment loans provide homebuyers with reasonable monthly payments and often allow buyers to qualify for a larger mortgage loan

One option that homeowners facing foreclosure rarely consider is allowing a buyer to assume their mortgage loans and relieve them of the burden of making a mortgage payment each month.

Transferring your current debt to a credit card with a lower interest rate is a wise financial decision that will save you money. When conducting the balance transfer, however, keep your FICO score in mind and tread carefully.

Lenders often request that borrowers with low credit scores secure co-signers due to the high lending risk these individuals represent. In the event that a borrower defaults on his financial obligations, the lender then has the option to pursue the co-signer for the outstanding loan balance.

Options are traded in a similar manner as stocks with the only key difference being that most brokers will not allow them to be traded on margin.

ETFs have an advantage over traditional mutual funds in that they do not require a minimum investment. Options are only one of the advanced trading possibilities available for ETFs.

Contrary to what some people believe, a credit union is not the same as a bank. While banks are owned by shareholders, credit unions belong to the members.

Long-term loans are a good option for debt consolidation, because payments are spread over a longer period of time making them more affordable.