Penn Credit Corporation’s Blog

What to Know About Investing in Private Companies

What to Know About Investing in Private Companies

When the majority of a business is owned by a single entity, that business is said to be “closely held.” Privately held businesses can also have a minority subset of owners—who provide guidance and funding. What makes any business private, however, deals with how it...

Eliminating Unnecessary Payments

Eliminating Unnecessary Payments

  If you're trying to establish financial freedom for yourself or your family, an important first step is to create a source of disposable income. You can do this by reducing the amount of money you have to pay out each month on bills and debts. Many people don't...

Are You on Track for Retirement?

Are You on Track for Retirement?

Retirement is a word that people don't think about when they're younger. It's too far off. Unfortunately, many people haven't planned enough ahead for retirement. Are you on track for retirement? If not, here are a few tips to help you get back on track for...

The Impact Of A Second Mortgage

The Impact Of A Second Mortgage

As interest rates remain low, many homeowners are considering if they should refinance or access cash through a second mortgage. Depending on the unique circumstances of the individual homeowner, the origination of a second mortgage may have a significant impact on...

How To Come Back From Bankruptcy

How To Come Back From Bankruptcy

There are plenty of reasons why you may need to file for bankruptcy. This huge decision may make you feel doomed, but it is often the right choice. If you make the right decisions following your bankruptcy, then you can easily find yourself in a solid financial...

3 Things to Understand About Passive Investing

3 Things to Understand About Passive Investing

Passive investing is a simple yet very powerful financial concept that few people seem to understand or care about. In a nutshell, passive investing is a strategy that aims to maximize returns by assuming long-term positions in the market. While it can indeed improve...