If you are a single mom and struggling to get by, you are not alone. Whether you are going through a divorce or the father is absent most single mother face the burden of supporting themselves and their children all on one income.
* Only fifteen percent of women going through a divorce are awarded any form of court-ordered spousal support.
* Thirty-four percent of those women never receive what is due to them.
* Less than half of the women who claim child support ever receive the full amount.
* Within the first year of divorce a women…
Finish Reading: Grants For Single Mothers here
Believe it or not, many people do not understand equity and the power it provides.
In its purest form, equity is money. With regard to real estate (specifically, your house or other investment property), equity is measured in terms of the value of the property minus what you owe. So, if your home is valued at $100,000, and you owe $40,000 on it, you have $60,000 in equity (actual money that is available to you, under particular circumstances).
Surprisingly, many people have this type of equity and do not take advantage of it. Some people are actually in dire financial straits and fail to realize their problems can be solved very easily, by…
Finish Reading: HELOC – Home Equity Line of Credit here
Consequently, when a bank lends money it wants to ensure that it will be paid back. The bank considers the 5 “C’s” of Credit each time it makes a loan.
There are literally thousands of women who have never applied for a loan. They might be frightened by the whole process or they might think they don’t have enough income or credit to qualify for a loan. Whatever the reason, women can and do get loans, business loans, personal loans, and home loans everyday.
Most women don’t realize that with a credit score of only 580 to 620 they can qualify for…
Finish Reading: Loan Application to Loan Approval here