Collateral is a term used to cover something that is pledged as security for repayment of a loan. Collateral is forfeited in the event that the original payment for the loan does not occur. You may be familiar with the concept of collateral for bank financing purposes, but did you know that it is also […]
Car enthusiasts value their vehicles more than many other things in their lives; it is a prized possession. These people will not hesitate to keep spending money on their car(s) to upgrade, modify, and personalize it to their liking. These modifications can include tinted windows, car wraps, and new exhaust pipes. However, they can only […]
Alcohol consumption increases during holidays and the weekends, and you can expect no different for Memorial Day weekend, which is right around the corner. Local law enforcement keeps up with this by setting more DUI Checkpoints throughout the city. If you are unfamiliar with what happens at DUI checkpoints, here is what you need to […]
A savings account acts as a financial security blanket. Ideally, this savings account will be for future large wanted purchases like a wedding, a home, vacations, and your children’s college tuition. This is an account that should never be touched to withdraw money from – money only gets deposited into it. However, these savings accounts […]