Written by Tim Peak on December 18, 2011.
How many credit cards do you have? How much money do you owe on each card? Around twenty three people in one hundred have more than one credit card, and having more than one credit card means more than one balance. We are spending unnecessarily when we have numerous cards; think of all that interest that you are forking out on. What is even more incredulous is that ten percent of people don’t know how much money they actually owe.
Our frivolous spending is costing us dear, literally. More people seem to be more concerned about how much credit limit they have. If you had to add up everything you owe would you be taken aback at how much that figure would be? You would most probably do so.
What about the interest we pay on our credit? As you know interest rates vary enormously. C
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Written by Blake Teen on December 12, 2011.
Curtis K. Robert is a prominent businessman with a past he is a former IBMer and automotive repair franchise owner with 18 years of experience in real estate investment. He now teaches other business owners and real estate investors who dont have the time and the patience to look for real estate deals on their own.
His advice to them is to build wealth through real estate investment groups that are investing in condo conversions, 55+ older living facility projects and other profitable real estate deals. We are aggressively looking for opportunities that build wealth through passive income on a long term basis. In addition, as a member of Team Works Worldwide Investment Group (TWIG), a Silver Spring, Maryland-based investment club, members have access to informative and educational seminars.
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Written by Tim Peak on December 11, 2011.
There’s no hiding now.
Anyone who has recently applied for a mortgage knows that lenders are already looking much more closely at your financial affairs. But soon, they’ll be able to easily delve into the deepest recesses of your financial life, accessing information that never before appeared on your credit report.
Last week, a company called CoreLogic introduced a new type of credit file, which is based on the giant repository of consumer data it maintains on just about everything that most of the traditional credit bureaus do not: missed rental payments that have gone into collection, any evictions or child support judgments, as well as any applications for payday loans, along with your repayment history.
The new report also includes any property tax liens and whether you’ve fallen behind on your homeowner’s association dues. It may
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Written by Oliver Laker on December 9, 2011.
On the surface, all debt might seem to be a bad thing. After all, we frequently hear people talking about how to get out of debt. But in reality, not all debt is bad. Some types of debt allow us to improve our situations and even see a financial return. Those debts are sometimes referred to as “good debts.”
Let’s take a quick look at the difference between bad debts and good debts and some examples of good debts.
Bad Debt vs Good Debt
A bad debt is one where you go into debt without some kind of investment behind it. In the end it does little more than cost you money. You might get some up front gratification (like a vacation), but it doesn’t last. You end up paying for something even after it no longer has value. A good
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Written by Blake Teen on December 8, 2011.
Insurance companies are often blamed as having so called loopholes inserted in their policies that gives them a way out to avoid paying out on claims. These loophole claims often finish up as being nothing more than the policy holder not understanding exactly what he or she is covered for. An insurance policy is after all a legal document and something that you must make yourself fully aware of before you agree to the conditions it contains.
Travel insurance is no different. There are many companies which offer travel insurance and most of these differ from each other in one form or another. This makes it even more important that you fully understand what you are actually covered for in the particular policy you have chosen. Some travel insurance is offered as a complimentary feature to entice you to sign up for a specific credit card.
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