It is easier to dump a home loan if a friend has done so too
HOUSE prices in America have fallen so far that as many as one in five households have mortgage debt greater than the value of their homes. In a few states, borrowers are not liable for the shortfall between an unpaid loan [...]
Read the list at Failure Magazine
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{Photography by locusolus}
Budgeting is becoming cool again!
It really comes as no surprise that more and more people are starting to budget as the economy tightens up. I have been noticing more people interested in budgeting – which gets me excited! If you have been around here for any length of time you know that I was converted [...]
Give your finances the same TLC you give to the rest of your family.
Recently I was a guest on a radio show about kids and money, and a number of adults called in to talk about their own family experiences as children. One woman had grown up with a father who had a gambling addiction. [...]
Barclaycard extended to some of its customers a lower minimum repayment – 1.5% Vs. the prior 2.25% of the remaining balance. This will give some of its customers additional flexibility in these tough economic times. A Barclaycard spokesman said: “We are doing this to help customers. This is an option we are giving to selected [...]
‘I’m the luckiest guy I know,’ says Old No. 7’s master distiller
LYNCHBURG, Tenn. – Jeff Arnett takes a sip of Jack Daniel’s Old No. 7, just enough for it to settle on his tongue, and then — spits it out.
After all, he is at work. And besides, it’s the tongue, not the throat that’s vital, [...]
The World Bank predicts that global economic growth will decline by 2.9 percent in 2009. That’s the worst year for the global economy since at least World War II. As measured by a comprehensive set of indicators, the global economy is on pace, so far, with the outset of the Great Depression.
Goldman Sachs, however, is [...]
When used wisely, credit cards can be the cornerstone of a sound financial strategy. A solid credit history makes you a good credit risk and that in turn allows you to purchase the necessities of life. But credit cards can also be a slippery slope. One misstep and you’ll tumble into the abyss of credit [...]
Posted in Debt Management 
Tags: Credit, Credit Cards Usage, Credit Limits, Debt Management 
No Comments »You have received a letter in the mail saying that a bill on which you owe has been sent to collections. Whether this is the first letter you have received or the collection agency has been calling you to collect, the most important thing is that you take care of your debt in collects immediately [...]
From The Business Insider, June 25, 2009: We’ve been talking this week about the NAR’s war against what it claims are low-ball home appraisals, caused by new regulations, and outside appraisers using distressed and foreclosure sales.
Real estate appraiser Jonathan Miller is weighing in on the question, and finds some merit to the idea that there [...]
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