You Can Have Debt Relief
Posted on September 3, 2008 - Filed Under Loans, Debt, Credit Repair | Leave a Comment
We have all had blemishes on our credit in our lifetimes. For some it may be because of unforeseen medical bills which led to collection agencies calling on debts? Maybe you lost a job and went delinquent on car or house payments? Or maybe just after college your student loan payments came up faster […]
Read More..>>Prepayment Penalty On Mortgages
Posted on September 14, 2007 - Filed Under Loans, Debt, Real Estate, Credit Report, Unexpected Expenses | 1 Comment
There are certain times when you come across blatantly obvious unethical tactics used by corporate America to squeeze out more profit by misleading consumers. One of the most sinister tactics of the subprime loan industry was the burying of a prepayment penalty in the mass of documents signed at a house closing. FreddieMac describes a prepayment penalty as “an option that […]
Read More..>>Financial Mistakes I Have Committed
Posted on August 23, 2007 - Filed Under Debt, Financial Planning, Spending | 2 Comments
Everybody has made financial mistakes. Personal finance is a complex and broad subject matter with countless variables and decisions. I found it interesting reading interviews with some of the top personal finance authors and hearing their financial mistakes. Liz Pulliam Weston talks about carrying a credit card balance as well as holding onto underperforming, high expense mutual funds. Suze Orman states […]
Read More..>>The Golden Rule of Personal Finance
Posted on August 18, 2007 - Filed Under Debt, Financial Planning, Saving, Spending | Leave a Comment
Personal finance can be overwhelming and confusing. With all the pitfalls and intricacies along the way it takes time, experience, and education to understand it all. But to simplify the point of everything this personal finance blog has written and condense it into one sentence it would be as follows: The simplest way to live […]
Read More..>>Car Dealer’s Worst Nightmare: Cash or Pre-arranged Loans
Posted on August 9, 2007 - Filed Under Loans, Debt, Credit Report, Saving | 5 Comments
Car dealers can make up to 75% of their showroom profits on extras including arranging auto loans and leases, extended warranties, anti-rust coatings, tire and oil change plans according to a recent NY Times article. When borrowing through the dealership it is much easier for the dealer to persuade the buyer to roll up many […]
Read More..>>How The Student Loan Industry Became Big Business
Posted on August 2, 2007 - Filed Under Debt | 2 Comments
Student loans are becoming a hot topic as students graduate each year with more student loan debt than the previous class. Tuition and fees are rising rapidly at the university level. Books continually have outrageous costs with little improvement in courseware. Housing costs for college students have skyrocketed in many parts of the country. To compensate for all […]
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