Personal Finance

As a homeowner who makes mortgage payments every month, you might be interested in refinancing your house to purchase a second home. This new purchase could be for a fun vacation spot for the family or new investment property. Regardless of the reasons, refinancing might be for you. If you think that refinancing might be...

Regardless of if you have recently refinanced, there are options available to take the next step in obtaining the home of your dreams. Many people refinance for various reasons: utilizing home equity, shortening the length of a loan, making payments more affordable, and much more.  Purchasing a home after refinancing is a popular option that...

Are you interested in obtaining a mortgage on a house you currently own? It is possible to get a mortgage on your home. We’re here to help answer your questions. Knowing you can use your house as collateral for a loan is one thing. But what do you need to do to get the loan?...

If you have a credit score between 400 and 550, don't rule yourself out of being able to own a good credit card. Instead, consider applying for an unsecured credit card that will help you build a better credit history. In this article, we highlight the top seven unsecured credit cards for credit scores in...

Owning a home is a dream for many. However, purchasing one is a complex process. From making an offer to negotiating closing costs, the financial aspects of home-buying can be frustrating for even the savviest shopper.  However, one thing that shouldn't feel challenging should be figuring out the income you need to qualify for a...

NerdWallet has quickly leapt into the top echelon of personal finance websites in the United States. Launched in 2009 by founder and CEO Tim Chen, the site has become a juggernaut in the very competitive personal finance space, surpassing older and more established players like BankRate. According to Inc. Magazine, the company is worth a...

Much about the home-buying process can be confusing. When you add mortgages to the mix, it can become even more challenging. From interest rates to closing costs, it can be tough to keep track of everything it takes to become a homeowner. Unfortunately, being prepared for everything is next to impossible, and sometimes life can...

Securing a mortgage may seem like an unattainable goal for individuals making $20,000 to $30,000 a year; however, the difficulty isn't necessarily true. While your income does play a role in a lender's decision-making process, there are many other factors that a lender considers before a mortgage is granted. To help you better understand how...

Buying furniture and decorating your living space can be one of the most expensive parts of having your own place. Whether you are a homeowner or rent an apartment, the costs of furniture can easily add up. Before you realize it, all the items that you’ve added to your checklist have totaled up to $3,000...

Jewelry can be one of the most special purchases of your life. Whether you’re purchasing an engagement ring or looking for a necklace with your birthstone, you’re purchasing an item that will have a special meaning to you and your loved ones. Something that you buy today can be passed down through each generation of...

Starting a business in Ohio offers numerous perks, from simple and manageable state regulations to low corporate and business taxes and widespread community support for local entrepreneurs. Whether you are creating a new business or are an established sole proprietor, forming a limited liability corporation (LLC) in Ohio can be an excellent way to limit...

If you have your heart set on starting a new business in Kentucky but worry about risking your assets and your family's future, bring yourself a little peace of mind by considering establishing an LLC in Kentucky. Sadly, you could spend hundreds or thousands of dollars setting up such a limited liability corporation. Still, you...

The news of plummeting interest rates has many Ohio individuals and families considering the purchase of a new home or refinancing their current property. This unpredictable and unexpected year has resulted in the lowest interest rates on record in the last 50 years. Will they stay that way? It’s hard to tell.  The worldwide pandemic...

Homeownership is one of the most significant financial choices that many people make. For Kentucky residents, achieving this dream is much easier than for residents in other areas. This is because Kentucky is known for being one of the most affordable states when it comes to house prices. On top of the affordability of homes,...

KENTUCKY – The distressed condition of the national housing market, paired with high unemployment, has created a fertile environment for unscrupulous fraudsters seeking to take advantage of desperate homeowners.  Many homeowners who turn to loan modification or foreclosure “rescue” companies for help ultimately find that they have been scammed. An emerging trend in recent months...

KENTUCKY — This week, Dave gives advice on rental property debt. Dear Dave, I have a rental property that I still owe some money on, and I’ve just begun Baby Step 2 of your plan. Should rental property debt be included in the debt snowball? Matt Dear Matt, No, it shouldn’t. Baby Step 2 of...

KENTUCKY - Stephen C. Netherton, of Louisville, has been sentenced to 24 months in prison and ordered to pay $870,000 in restitution by U.S. District Judge Charles R. Simpson III, announced David J. Hale, United States Attorney for the Western District of Kentucky.  Netherton pled guilty to charges of engaging in a conspiracy to commit...