Getting bank on your feet following bankruptcy can be a very difficult task. You’ll be starting from scratch.
To ensure you make a “fresh” start, you need to think and analyze your previous spending habits. What really lead you to go bankrupt? Analyze your expenses, the way you handle your money and of course your lifestyle. [...]
There is one lesson that every college student needs to remember in relation to money: everything you do has its consequences. Money spent irresponsibly (shopping splurges, unnecessary purchases, no savings at all) can create financial problems for years to come.
College may be fun and exciting, but it’s actually an environment where money-management often becomes an [...]
Debt consolidation can seem like the easy way out of the problem of too many payments every month. When credit card and loan payments add up to $900 every month, why not pay all of these debts off and have a nice easy payment of say, $300? It may seem like this is the answer [...]
Continue reading about Don’t Expect Debt Consolidation To Solve All Of Your Money Problems
Credit is a prettier word for debt. When you obtain credit you are borrowing money, or getting the right to access money (like a credit card, for example), and you agree to pay back the person or company that loaned you that money. In these type transactions, you are the “borrower” or “debtor” and the [...]
Do you like to protect your personal well being, finances and property? Follow these steps to protect yourself as a consumer:
-Never sign a contract or document without thoroughly reading it first. Even if the document directly pertains to another person, you could be affected somehow once you sign your name. If the person giving you [...]
Another government blunder…. no one can seem to account for the emergency bail out money. It seems unreasonable that banks who received taxpayer’s money isn’t willing, or able, to account for the billions of dollars they received to help rescue the financial industry. Reports are circulating that some top executives have received bonuses and that [...]
Continue reading about Poor Leadership Continues In Government Bailout
Your wedding is not just another party to enjoy. Every couple, as well as everyone associated with them, wants to cherish each moment associated with their “big day”. People want to celebrate in a way that they can remember for years to come. If lack of money is stopping you from hosting a wedding ceremony [...]
Continue reading about Wedding Loan Can Pay For Your “Big Day”
The Federal Reserve on Tuesday cut its federal funds target rate by more than three-quarters of a percentage point to a range of between 0 and .25 percent. The decision signals that Fed Chief Ben Bernanke is more concerned with the rapidly deteriorating economy–which has been mired in a recession since December of last year–that [...]
Continue reading about What Does The Fed Rate Cut Mean To You?
General Electric Co. (GE) tested the Federal Reserve’s latest effort to restore confidence and liquidity to U.S. credit markets, borrowing less than $5 billion from the government through a new short-term loan facility, the Financial Times reported Tuesday.
Almost half of GE’s profits come from its financial-services businesses, and its exposure to that industry’s turbulence has [...]
Sub prime lending refers to the practice of making loans to people who do not qualify for the best interest rates (usually called conforming loans or Alt-A loans) because of their credit history. Sub prime lending is risky for both lenders and borrowers because of the combination of high interest rates, poor credit history, and poor financial [...]
