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Cars Fun & Profit Magazine COVER Page

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Points & Closing Costs
Should you pay points? What are points? Is that money going directly into the Loan Officer’s pocket? Well, that depends. This article will look at these questions as well as a few others to see which strategy makes the most sense in the long run. We’ll also look at the math to calculate when points make sense and when they don’t. Let’s start with the definition. A point is 1% of the loan balance. So if you’re getting a $500K loan, one point is $5000. The ‘standard closing ...

The Very Basics Of The Forex Market
The forex, or foreign exchange, market is a specialized type of market in which types of currency are exchanged for other types of currency. On average, the daily trade within the forex market is more than $1.9 trillion. As the world’s largest financial market, forex involves trading among central banks, large banks, governments, multinational corporations, large banks, and other institutions and markets of a financial nature. Individuals may also participate in the forex ...

Low Interest Credit Cards
Credit card usage is on the rise and it's hard to know which credit card is right for you. If you follow a few simple guidelines, you can be sure to get the most out of your credit card. Beware of high interest rate cards as they can cost you more than you are willing to pay in the long run. Low interest credit cards are very prevalent and if you do some simple research, they can be a great financial tool. When looking for a low interest credit card, be sure to read all th...


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Cars Fun & Profit Magazine COVER PAGE Issue V-898


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