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Credit Crunch

Posted by Jim Wednesday, August 19, 2009 0 comments

Credit crunch is a situation when the availability of credit becomes very limited and the interest rate is also become high. Experts say that careless and irrational behavior of the lenders leads to the loss for the lenders and when the loss touches zenith then they try to restrict the credit and the market falls into the credit crunch. At the time...

Payday Loans Online

Posted by Jim Monday, August 10, 2009 0 comments

Do you think you know all about payday loans? When was the last time you checked out the online cash advance? If you haven't seen what's new lately, then you're in for a pleasant surprise. These days, the no fax payday loan or online cash advance is a much better, safer and more...

Let’s Change Our Money Habits

Posted by Jim Friday, August 7, 2009 2 comments

Everyone likes to have more money but when you are living on a fixed income then to make huge money is very tough. But if you try to follow some rules then you can save some money for your future which can help you to create heap of money in future. You don’t have to cut all the...

Adieu, Yahoo...

Posted by Jim Saturday, August 1, 2009 0 comments

Yahoo and Microsoft announced that they have signed a 10 year agreement for search and advertising issues. In a simpler version its that Microsoft will provide the Yahoo search results and Yahoo will work on the worldwide premium search related advertisements. The Yahoo fans will...

Decide Between Renting and Buying a Home

Posted by Jim Wednesday, July 22, 2009 0 comments

There is a preconceived notion that buying a home will always save your money than renting a home. But is that true in real life? With a simple equation and example the analyzer tried to prove that it is better if we go for renting a home. It is ok to see it. But have you thought that after every year the real estate price go higher but the rent go...

25 Ways to Save Your Money to Make Your Future Bright - Part 3

Posted by Jim Saturday, July 18, 2009 0 comments

We already have got to know some ways to save out money like To have check on spending and Bank Deposits3. Look for discounts(A) Try to find better discounts while purchasing the needs. If you find a good discount then you can be sure that you are not over-paying for your purchase...

Good Bye MJ

Posted by Jim Wednesday, July 8, 2009 0 comments

The Staples Center memorial of LOS ANGELES, California experiences the last show of the Pop King Michael Jackson. His funeral was the biggest attraction of the day. Every channel was covering it live for their viewers.During the one and half hour show the web traffic also rose by...

25 Ways to Save Your Money to Make Your Future Bright - Part 2

Posted by Jim Saturday, July 4, 2009 0 comments

The first part of this series you can find in the post 25 Ways to Save Your Money to Make Your Future Bright part 1There we have already discussed how we can save money through keeping tab on our spending. Hope after reading that you have used some of them and got some results too.2....

$6 Million Accidental Bank Deposit, Couple Flees with Money

Posted by Jim Monday, June 22, 2009 0 comments

What happened if you find $6 Million deposit at your bank account? This is not a dream but this has happened in New Zealand, suddenly $6 million deposit was made to the account of a couple. The Westpac bank is trying to track the money back but the couple had already taken out some of the money and left the town. According to the Police the couple...

25 Ways to Save Your Money to Make Your Future Bright

Posted by Jim Friday, June 12, 2009 1 comment

In this toughest time when global economy is diving on its nose and many big companies are filing for bankruptcy, every one of us should try to save ourselves from this trend by saving money as much as we can. As early we understand this, that’s better. As individual we cannot change...

Student Loan Tragedies

Posted by Jim Friday, June 5, 2009 1 comment

Student loan is one of the helpful system that can help us to find our future but very few are clear about its pros and cons. Every one is busy taking the loan and the lenders also try to keep it under cover. Don't take any hasty decision. Know about the loan, what will happen if you not be able to complete the course and leave it in the midway. There...

Have you got Free Credit Report?

Posted by Jim Wednesday, June 3, 2009 0 comments

This video is a part of the campaign conducted by the Annualcreditreport. The report can help you while buying your home or even getting an insurance. So try to get it fast. Why have to wait for so long when its free. I have told you before about credit scores and its implication. Here are some of those posts that you can check.The Factors That Can...

Student Loan Defaults are Increasing

Posted by Jim Saturday, May 23, 2009 0 comments

As per U.S. Department of Education the default rates in federally guaranteed student loans, is going to increase by 6.9% (2007 Fiscal year). 2 years ago it was 4.6% and since 1998 new default rate is the highest. The private student-loan market is also showing the same trend. Their...

Best Debt Consolidation Options

Posted by Jim Saturday, May 16, 2009 2 comments

Today every Americans are under the huge burden of debts. Everyone is under the burden of unbearable burden of debt, irrespective of huge businessman or a common man. Everyone likes to come out of this debt and take a breath of debt free life.You can find many options available in...

The Basics of Student Loan

Posted by Jim Monday, May 4, 2009 1 comment

Here is a video regarding the student loan and its basics. All the students are eager to have student loans but very few have a clear conception about the student loan and they are always being deceived by the lenders. This video can help you a lot by clearing your doubts on the student loan and also its practices in the United States.From the video...

The Student Loan Explained

Posted by Jim Saturday, April 25, 2009 1 comment

The student loan helps the students to fulfill their dream. But it is not always true. There are also instance that nipped in the bud for this student loan. Have a look at the options available for you before student loan. You can check the video which states about the student loans in a unique way using play-doh. Hope this can help you to understand...

Health Insurance for the Low Income Family

Posted by Jim Friday, April 17, 2009 1 comment

When we feel healthy, we never think what will happen if we fall ill. But it is true that every one can be prey of some disease either today or tomorrow. No one can stay healthy for lifetime. Even anytime we can have to face accidents too. But we seldom think for having health insurance...

More infos on Debit Cards

Posted by Jim Thursday, April 9, 2009 1 comment

Protection from identity theft in Debit cards:Many analysts tell people to choose PIN based debit card as there is a kind protection against the debit card theft. In case of signature based debit card anyone can grab your card and go for shopping but for PIN based debit card its...

ABC’s of Debit Card

Posted by Jim Tuesday, March 31, 2009 8 comments

Whenever you go to open a bank account, you can find the bank is providing a card called Debit card, some call it check card. The debit card can provide you more flexibility while you are in a shopping mood.Normally ATM (automated teller machine) cards are used to take out money...

10 Mistakes to be avoided while Refinancing Your Home - Part 3

Posted by Jim Thursday, March 26, 2009 5 comments

7. Drawing money from Home Equity Lines of Credit (HELOC):There must be minimum cash out waiting time before you take the cash out of your HELOC. Normally the lenders prefer it to be at least 6 months. A cash-out just before your refinancing can be a sign of your irresponsible credit...

10 Mistakes to be Avoided while Refinancing Your Home - Part2

Posted by Jim Wednesday, March 11, 2009 9 comments

Continuation from the previous post 10 Mistakes to be Avoided...Part 14. Having a verbal (not in written form) Rate Lock :-Don’t go by the words. Have a written document about interest rate, closing cost, APR and all the fees related to the refinance. The loan officer can offer you...

10 Mistakes to be Avoided while Refinancing Your Home Part 1

Posted by Jim Sunday, March 1, 2009 10 comments

Many are there who are unhappy with their recent loans and like to refinance it to have more suitable loan or low interest rate. But before taking any decision they must be aware of the most common mistakes people while refinancing. A wrong step can lead you to sleepless night for...

Federal Reserve Predicts : In 2009 US Economy will Go Worst

Posted by Jim Friday, February 20, 2009 2 comments

Last week the Fed warned that the dull American economy will get even worse than the economists predicted. Fed expressed concern as there is no sign of improvement of housing market and its stabilization and predicted that it can even deteriorate in future.According to The Federal...

The Factors That Can Affect Your Credit Score

Posted by Jim Monday, February 2, 2009 5 comments

State wise Average Credit ScoreCredit score is the numerical expression that helps us to determine any person’s creditworthiness. It can be increased or decreased according to your deed. Credit scores can vary from 300 to 900. The greater the score the better will be your advantage.Your...

The House has Passed the Stimulus Package of $819 Billion - 3

Posted by Jim Sunday, February 1, 2009 0 comments

As a result of this package already record breaking cash deficit will reach 10-12 % of GDP in the year 2009-10. Due to the gigantic volume of the package and some long lasting programs, the cash deficit can be double of the previous peace time record.The Federal debt can touch 100%...

The House has Passed the Stimulus Package of $819 Billion-2

Posted by Jim 0 comments

$125 billion is also to be spend to reinforce the public education. Normally the education sector is left for the state and regional government but this time federal government is also keen in the sector. $20 billion is going to be spend for the renovation of educational institutions....

The House has Passed the Stimulus Package of $819 Billion-1

Posted by Jim 0 comments

On 28th January the House has passed the tax and spending bill of $819 Billion to fight with the recession. This will broaden the federal government’s reach in the American economy by reforming the strategies on Health, Energy, Education, Social programs etc. This bill is almost...

Statewise Distribution of the $819 Billion Stimulus Package

Posted by Jim Friday, January 30, 2009 0 comments

.nobrtable br { display: none } State Aid To States Aid to States Per Capita School & College Modernization Job Training Trans-portation & Infra-structure Transportation and Infrastructure, Per Capita Alaska 152158000 221.71 48357000 13715640 338470196 493.19 Alabama 960798000 206.10 355194000 31416013 663713926 142.37...

Some Small Business Tax problems for the Self Employed

Posted by Jim Monday, January 26, 2009 4 comments

In our country there are millions of people who are self-employed and also dreaming of having a big business. But very few are able to handle the very complicated tax issues at ease. Most of them are confused when its time for their tax return.All the persons whether they are taking...

Wall Street not as Hopeful with Obama

Posted by Jim Wednesday, January 21, 2009 3 comments

Many people are optimistic about the prospects of economic growth under President Barack Obama. But in the stock exchange the stocks dived on the Inauguration Day on the fears of having more bank problems in future.Most people are placing their hope on Obama for The Economic stability....

Obama's Biggest Challenge

Posted by Jim 3 comments

In his first 100 days as president, Barack Obama has to face many challenges. The recession wrecked, hammered and bruised from the 8 years of Bushism, America has placed great burden of hope on his shoulder.With 73% favorite rating (most in recent days), Barack Hussain Obama has...

Mortgage rates touch the record low

Posted by Jim Saturday, January 17, 2009 0 comments

30 year fixed rate Mortgage interest rates again fall for the 11th week in a row.On Thursday the home funding company, Freddie Mac said that in US 30 year fixed rate mortgage interest rate mortgage dropped for 11th week at a stretch to touch a lowest record.According to Freddie Mac...

Online Payday Loans: What You Need To Know About It

Posted by Jim Friday, January 9, 2009 2 comments

In time of urgency, payday loan can come in handy as the rules and regulations of this loan is somewhat lenient that other types of loan. This is the reason why more and more people are applying for this loan to meet sudden need of hard cash. Payday loan is a short term loan by nature...

Avoid Foreclosure while Paying your Mortgage - Part 2

Posted by Jim Thursday, January 8, 2009 2 comments

Continuation from the post Avoid Foreclosure Tips 13. Let the lender know your situation :-If you sense that you are not being able to pay the next mortgage payment but still current with the mortgage payments, then contact the lender directly without wasting time. If you have already...