7 Ideas to Use Paint to Restore Worn-Out Things in Your Home

Paint isn’t just for walls. Here’s how to breathe new life into old stuff (like your worn-out vinyl floor). Did you know that a little paint can perk up carpets, appliances, and even vinyl floors? With proper prep, you can paint just about anything in your house. Here are seven of our favorite house paint ideas to give new life to old things: 1 Paint Door, Drawer, and Cabinet Hardware Spray paint can turn builder-grade brass locks and hinges into fashion-forward hardware with an oil-rubbed bronze, pewter, or stainless look. Insert the door lock’s spindle into a square of Styrofoam,…

Hiring and Managing Your Home Repair Contractor

Your "do-it-yourself" attitude is commendable, but at some point, you’ll need to hire a home repair contractor and pay someone to fix something in your home. There are going to be situations when you don’t have the time, inclination or skill to make a particular repair or do some of the work you need to be done. We all hire someone to fix something in our house at some point. What you’ll find here is some guidance on when and how to select a home repair or maintenance contractor. Types of Home Repair Contractors When you need repair work done on your home, you…

Ways to Improve Your Home’s Exterior

  1. The simplest way to assess the curb appeal of your house is to walk to the curb—or to the street—and view it with the critical eyes of someone who has never looked at it before. Enlist the help of a friend whose opinion you value, sense of style you admire, and who will be honest. Take pictures of the house and front yard, along with close-ups of the door, path, landscaping and other details. Know your home’s architectural style. Is it Midcentury Modern, Colonial, Georgian, or maybe Spanish? Get smart about your region’s climate and local environmental issues that might…

Why would you need a home warranty if you have homeowners insurance?

The most common mistake homeowners make is believing that their homeowners insurance is all inclusive. They think it will cover everything and anything that goes wrong in the home. It isn’t and it won’t. Let’s look at what a home warranty covers compared to what homeowners insurance covers. We’ll then look at why having both is the best way to protect your home. What does a home warranty cover? Here are some of the most commonly covered systems and appliances under a Home Warranty Service Agreement. HVAC systems Plumbing and electrical systems Major appliances: washer/dryer, refrigerator, dishwasher, oven range, disposal…

Financing Timeshares

MoneyTipsA vacation home sounds delightful, doesn’t it? If you can’t afford one, you may be able to at least afford a part of one – by purchasing a timeshare. You’ll have plenty of company if you do. The American Resort Development Association (ARDA) reports that timeshare sales have risen for eight consecutive years, reaching $9.6 billion in 2017. The average timeshare occupancy rate reached 81%. Typically, timeshares are not financed like traditional secured home mortgages, due to valuation and reselling difficulties. If you can’t afford to pay cash, how do you finance your timeshare? Developer Loans –…

Understanding the Loan Approval Process

MoneyTipsThe loan approval process may seem convoluted with confusing language and odd delays. In a way, it does have its own language – and understanding that language can give you a better feel for where you are really at in the process. Let’s draw an analogy while we look at things from the lender’s perspective. When lenders evaluate you for loan approval, they are assessing risk – just as you would do greeting your daughter’s new boyfriend at the door for the very first time. Pre-Qualification – In the case of your daughter, you are looking out…

How To Get A $0 Balance On Your Credit Report

MoneyTipsYou need a loan and you want the best interest rate possible. You know that a high credit score paves the way for the best interest rate offers – but did you know that your credit card balances contribute to one of the five factors used to calculate your credit score? Your credit utilization, defined as the amount of credit you use compared to your credit limit, is one of the largest components of your credit score. When your credit balance is zeroed out, your credit utilization at that moment becomes zero as well. Creditors can see that you…

New Account Credit Card Fraud Up 24% In 2018

MoneyTipsWelcome to the 2018 Consumer Fraud Awards Show! We have a great show for you, with criminal activity galore. Tonight’s winners are chosen based on information from the Consumer Sentinel Network 2018 Data Book and brought to you by the Consumer Information Group at your Federal Trade Commission (FTC). Okay, there really isn’t a consumer fraud awards show – but it has been a banner year for fraud and identity theft reports. After a three-year decline from a peak of 1.526 million fraud reports in 2014 to 1.29 million in 2017, 2018 fraud reports shot up to 1.427 million….

U.S. Has Nearly 37 Million Active Personal Loan Accounts

MoneyTipsWhat was America’s fastest-growing type of consumer debt in 2018? You may think credit card debt, given that revolving debt has topped the trillion-dollar mark – but according to new data from the credit reporting agency Experian, personal loans had the greatest percentage growth last year. In 2018, outstanding personal loan debt grew by 11.9% to reach $291 billion. The growth rate of personal loans was double the growth rate of both credit card debt and student loan debt (5.9% and 5.8%, respectively). Personal loan growth rates nearly tripled the 4.3% increase in auto loans/leases and far outstripped the…

Top 5 Reasons For Personal Loans

MoneyTipsDo you whip out your credit card to take care of every large purchase? Maybe you shouldn’t. A personal loan may be a better alternative – but when would it be best for you? A recent finder.com survey explored the reasons why just over one-third (34%) of Americans took out a personal loan in the last year. Says Jon Brodsky, finder’s Money Expert, “With roughly 34% of Americans claiming to have taken out a personal loan in the past year, it’s important to have a clear understanding of when a personal loan is the right fit for you financially.”…