TDCI Warns About National “Loan Payment Protection Insurance” Scam
August 31, 2019
Nashville, TN – The Tennessee Department of Commerce and Insurance (TDCI) is joining other state regulators in warning consumers about a national insurance scam targeting consumers shopping for privately funded loans, likely for real estate.
Victims have been identified in three states including Tennessee where a Johnson City man says he lost $18,000 to scammers.
Frazier Allen: To be or not to be – in debt
September 4, 2017
Clarksville, TN – Life’s long and winding road generally includes plenty of side trips on the way to a comfortable retirement. There may be homes to buy, children to raise and educate, careers to pursue, a vacation here and there.
When done strategically, borrowing can help you address those needs – like purchasing a home – without derailing long-term goals, such as a comfortable retirement. The key is to consider how the loan will work within your overall financial picture, taking into account each factor including the interest, duration and regular payments.
There are several factors to weigh when considering when to borrow.
