Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

Continue reading → The post Hard Money Loans: Definition and Pros & Cons appeared first on SmartAsset Blog. Hard money loans are a type of short-term mortgage loan that's secured by a property.

An annuity is a contract between an insurance provider and an investor that can help you save for retirement and supplement your 401(k) or IRA disbursements.

In the vast world of finance, debit cards have carved out a significant niche, offering the convenience of plastic witho ...

Here's a look at the pros and cons of debt settlement to help you decide whether this approach makes sense in your situation. Pro: You could pay significantly less than you owe.

Homeowners can access funds by leveraging the value of their homes with a home equity loan—but there are pros and cons to tapping equity.

HELOC pros and cons to know this May. Here are four major pros and cons to using a HELOC this May: Pro: A lower interest rate. At an average interest rate of just 7.94% now, HELOCs are ...

The pros include potentially lower costs and additional coverage. The cons include less access to doctors and other healthcare professionals due to the use of networks provided by insurance companies.

Pros and cons of not having children, according to younger adults who say they’re unlikely to have kids. We asked some of these same questions of adults younger than 50 who don’t have kids and say ...

There are pros and cons to each type of IRA. A gold IRA offers unique advantages such as tax-free withdrawals in Roth gold IRAs and the ability to hold physical precious metals.