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Alex Gomory Phone: 909-784-2476
Alex Gomory is a seasoned writer who holds a degree in History from the California State Polytechnic University of Pomona where he studied early Christianity and did major research on some of the non-canonical gospels.

After graduating, he assumed a position as a writer and editor for a major real estate journal that supplies housing information to roughly one-third of the real estate agents in California. His work has been picked up by local newspapers, personal websites, and the real estate listing service, Trulia.com.

When it comes to the ambiguous world of financing and loans, Alex enjoys applying his diverse experience and wide-range of interests to the production of content that others will find both useful and interesting.
Latest Articles from Alex Gomory Google Plus Email: alex@loans.org
Masonry  tools
When a homeowner, student, or personal loan borrower defaults on their financing, they can expect their contact information to be passed on to some sort of debt collection agency. Many consumer advocates claim this infringes on our rights and results in “cruel” treatment of our nation’s debtors. But as irritating or unpleasant that harassing debt collection calls may be, we, as Americans, should consider ourselves lucky that’s all we put up with for defaulted loans. Consider the story of Razi...
Roll of money with lit fuse
Amidst worries and predictions that a second recession is on its way, economists are beginning to point their fingers at what they believe is one of the largest culprits: student loans. The 2008 recession was a product of the housing market’s collapse. Real estate values skyrocketed at the turn of the century and everybody was trying to grab a piece of the action. Nearly everybody who was a renter wanted to be an owner, and the nation saw an influx in the real estate agent’s and broker’s...
Paper person burnt by fire
A recent study by Carnegie Mellon University revealed that the lending and borrowing of personal loans amongst friends and loved ones comes with many consequences that affect relationships. George Loewenstein, a professor of economics and psychology, and the head of this study, claims that both personal loan borrowers and lenders sometimes present self-serving bias in these common transactions. “This research fits with a wide range of earlier research showing the pernicious effects of self-...
Payday loans present society with a paradox. These forms of borrowing are meant to serve those who have bad credit scores. In order to satisfy that demographic, lenders charge high fees as a means to protect themselves from losses. However, the bad credit population is the very last group that needs to be subjected to high fees, given their financial situation. Usually, those who apply for cash advance loans are those who absolutely need the money. Emergency situations, unexpected expenditures...
Falling percentage sign
Home loan interest rates fell again this week, breaking yet another historic record. According to Freddie Mac’s weekly report on interest rates, 30- and 15-year home loans hit never-before-seen low rates. As of Thursday, the 30-year fixed-rate home loan averaged at 3.56 percent. That’s a 0.06 percent drop from last week’s historic low level. The 15-year fixed-rate home loan averaged at 2.74 percent, which is a 0.05 percent drop from last week’s reported level. In addition to the low fixed-rate...
Rolling dollars
For those who have taken out a payday loan only to find themselves without money come the end of their two-week term, a common tactic is to repay the original fee and extend their financing by two more weeks. That’s a rollover: extending an instant loan by either paying a fee for another two weeks, or by taking out a brand new instant loan to cover the cost of the previous one. Rolling over instant loans occurs in much the same manner as paying off a credit card with another credit card....

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