Borrowing Options

Because every credit card and loan option has its pros and cons, it is important to understand which options work best for you. Frequently, loan applications are organized in such a way that all you have to do is fill in the blanks associated with the different loan options. Perhaps the reason for this is […]

Managing the Cost of Living in Retirement

Given our current economic conditions, inflation and cost of living increases don’t appear to be much of a threat. In fact, today we’re witnessing deflation in the price of oil and other commodities. However, history tells us that it’s unlikely inflation is dead, and when planning for retirement, ignoring the effects of inflation or other […]

Fixed Vs. Variable Rate Loans

Calculating your loan payments & Secured vs Unsecured Loans When it comes to interest rates, they are either fixed or variable. Both have their advantages and disadvantages. Typically, installment loans use a fixed interest rate because the repayment amount and schedule are fixed. However, revolving loans more often than not are accompanied by a variable […]

Know your Rights When Dealing with Debt Collectors

Debt collectors have a reputation—and in some cases, a well-deserved one—for being unpleasant and even threatening when trying to get debtors to pay. Even though the Fair Debt Collection Practices Act (FDCPA) was enacted to limit debt collectors’ behavior and actions, some collectors continue to ignore the law. Understanding the boundaries of debt collectors will […]

Financial Institutions – Friends or Foe

Regardless of our age, we’ve heard, read, or even seen movies about The Great Depression, which began in 1929 and continued until the late 1930’s. And although The Great Depression had its origins in the United States, it was global in nature—causing a severe worldwide economic downturn. Unemployment, for example, rose above 30% in some […]

6 Secrets Credit Card Companies Don’t Want You to Know

If you think about it, you’ve got a close, intimate relationship with your credit card. Both of you have been inseparable through each daily transaction. You treat it right by paying your monthly minimum payment on time. You know all your card’s intimate details, such as its credit limit & interest rate, right down to […]

5 Ways to Tell If a Debt Settlement Company is Trustworthy

So, you recognize that you are not making any progress paying down your debt, and you realize it is time to turn to the experts to learn how to get out of debt. After conducting some preliminary research, however, you become aware that there are literally hundreds of companies that claim they will successfully help […]

4 SIGNS IT IS TIME TO CONSOLIDATE YOUR DEBT

Multiple debts lead to multiple accounts, interest rates, and payment due dates. Managing multiple debts can be difficult enough without the added stress of late or missed payments. If you feel like you’re drowning in debt, it may be time to consider debt consolidation. With debt consolidation, you may be able to reduce or completely […]