2 Out of 3 Ain't Bad, 7 out of 9 Is...

NEW YORK (AP) -- Average interest rates on most types of credit cards rose slightly this week, according to a report from CreditCards.com.Annual percentage rates on seven out of nine categories of cards -- business, instant approval ... Thursday. The APR on cards for people with bad credit held steady at 10.82 percent while rates on student [more...]

Date: 2008-11-14 17:47:00

Blog posts (18) | Videos (49)
 

Take Control of Your Finances Part 6: Get Out of Debt

Debt is like indentured servitude. You work and earn income, but you hand over that income to someone else ... as well. Good debt versus bad debt One comment you may hear is that mortgages and student loans are “good debt” while credit cards and car loans are “bad debt.” The philosophy here is that houses [more...]

Date: 2008-11-21 17:52:35

Sunday Money Roundup - Packing Again Edition.

As I mentioned earlier this week, we are moving again - after only 6 short months in our current house ... and we have a few weeks to transition, so it shouldn’t be that bad. But still - I hate packing. Ugh ... about college students handling credit cards. Four Pillars has an excellent article titled “How [more...]

Date: 2008-11-09 14:00:58

Showing Your Finances The Light of Day

This is a guest post from Scott Crawford. Scott is the CEO of DebtGoal ... ) but as we started to talk through their situation, I realized that it might not be as bad as they thought.  It turned out to be fairly bad: they had $120K in credit card debt, another $70-80K in student debt [more...]

Date: 2008-11-25 16:13:00

Acronyms to watch for: Roubini supports Hillary's HOLC, not RTC/RFC solutions to financial crisis

Here’s a litmus test for whatever Congress comes up with as they huddle with the finance boiz over the weekend: HOLC good, RTC/RFC bad ... , credit cards, auto loans and student loans) while their assets (values of their homes and stocks [more...]

Date: 2008-09-20 19:22:53

Bailout Gets More Costly Due to “Bipartisan” Deal; Foolish Limits on Foreclosure Should Be Removed

Liberal Congressional leaders have apparently reached a deal with the Bush Administration on the principal elements of a $700 billion bailout of the ... student loans, car loans, credit card debt and any other ‘troubled’ assets held by banks.” ... .  Although it is being sold as a “bipartisan” — a buzzword often used to push bad policies – Republican [more...]

Date: 2008-09-28 20:34:55

Ask an Apocalypse Specialist

Dear Dr. Farley,Should I be preparing a boat or a car? ... . For obvious reasons we cannot accept credit cards. However, student loans are available to qualified ... the former; horses can swim, and in a pinch can be eaten.Dear Dr. Farley,Is cannibalism really as bad [more...]

Date: 2008-10-01 08:47:00

Bailout homeowners first: expert

by Frank James The ever compelling Dr. Nouriel Roubini, ... loans, credit cards, auto loans and student loans) while their assets (values of their homes ... themselves of the bad debt they're holding, he also believes what the feds priority should be to put [more...]

Date: 2008-09-19 13:38:28

The Bad Paper Chase

The Bad Paper Chase November 26th, 2008 admin And the handout/buyout craze continues ... such as credit cards, auto loans and student loans. By all means, let’s just keep buying up debts from people ... Loan Banks. It also will purchase another $500 billion in mortgage-backed securities, pools [more...]

Date: 2008-11-26 07:37:00

How to Understand Credit Report

How to Understand Credit Report posted on January 8th, 2009 Now that you have obtained your credit report, ... the company name is a description of the type of account (such as student loans, credit card or line ... the first thing you need to do is read through it and understand what it all means. Don’t feel bad [more...]

Date: 2009-01-08 08:35:23

Ctrl BG: A Shortcut to Financial News 11/29

Hope everyone is having a great Thanksgiving weekend and got some great bargains yesterday! ... facility to support consumer finance, including student, auto, and credit card loans and loans backed ... prices also dropped a whooping 17.4% from a year ago, a record decline. Along with this bad economic [more...]

Date: 2008-11-29 14:40:00

Bailout Bandwagon Full…Please Catch Another

The bailout soup line is getting longer and longer. Heck, it is around the block ... billion the government set aside for car, student loans, and credit-card debt.  We got ... “Pork” is Really Going to Cost Us! Mmmmm Pork. No not the kind you may find...The Fed: A Bad Game [more...]

Date: 2008-12-23 17:24:58

Wall Street bailout plan to include more than bad mortgage debt: Feds to absorb unpaid bar bets, inadvertently laundered postage stamps, unredeemed soda cans and insufficient tooth-fairy disbursements

Totally absurd? Think twice: In the dark of night over the weekend when most people were snoozing, the Treasury dramatically expanded its bailout plan to include buying student loans, car loans, credit card debt and any other “troubled” assets held by banks. The changes, which were included [more...]

Date: 2008-09-23 06:05:06

Banks and Consumers Are the Problem, Not Bad Assets

Treasury Secretary Henry Paulson announced that he has shelved the original plan to buy troubled mortgage assets via the recently approved $700 ... loans, student loans and credit cards. This is creating a heavy burden on the American people [more...]

Date: 2008-11-14 12:14:14

Instahoglets for Jan 2, 2009

By BJ And so now I have to remember to start putting '09' down when I sign and date things, just after I finally got used to using '08' ... card companies for profit at their students expense. I refused to get a credit card while ... card companies, bad for the students, (at least those without parents capable and willing to bail [more...]

Date: 2009-01-02 19:22:51

Choosing the Right Credit Card

This article is sponsored by FindCollegeCards.com, a great resource to compare student credit cards ... and theft protection, but in case your card does get stolen, do not risk getting bad credit and don’ ... . Having a credit card of your own is an essential part of life. You are in college [more...]

Date: 2008-09-16 16:38:27

Help Your Student Find the Right College Credit Card

If you’re a parent or a guardian of a college student, ... with being a card holder. Yes, the dangers of bad credit can be avoided if youngsters are properly educated ... for students that offer great deals with no annual fees at all. Check credit card review websites [more...]

Date: 2009-01-08 02:36:37

Need Help With Money

It’s normal for people to make mistakes when it comes to money, but with the economy being in the state it is in now, ... get access to auto loans, credit cards, mortgages, and student loans.    Keeping your credit rating high ... you may need to correct some of your bad money habits to survive the recession. The most common [more...]

Date: 2009-01-16 01:57:49

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