Student Loan Debt – How Much Can You Afford?
Posted by admin on May 28, 2007
Its common for college students to accumulate a lot of debt to finance their education. While there are several different federal student loan options to help pay for college, you should first have an idea of how much you will need to borrow. It’s not sufficient just to know the amount of student [...]
More Scholarships equals Less Loans
Posted by admin on May 28, 2007
My daughter is a Junior at St John’s University in New York City. I just checked her financial aid record and discovered that so far, it has cost over $82,000 to attend.
$82,000 THOUSAND DOLLARS!
$82,012.36 to be exact. And she still has at least one more year to go.
The tuition is $24,400 per year (and increasing). [...]
First Premier Bank Credit Card Review
Posted by admin on May 27, 2007
Upon first visit to the First Premier Bank’s website, I immediately liked the site design and the big sun glasses that greeted me. They set my mind into holiday mode which in turn made me want to look at what kind of credit cards were available.
I see it already, sun, sea and sand…. I [...]
Payday Loans – A Convenient Last Resort
Posted by admin on May 27, 2007
Payday loans have been making headlines in recent years, and much of the news has been negative. These loans, also referred to as cash advances, paycheck loans, and a plethora of other names, are basically short term loans with very high annual interest rates which are extracted from the borrower in the form of [...]
Brief History of the Credit Card Industry
Posted by admin on May 26, 2007
Albeit that merchant credit may be as old as civilization itself, the credit card industry originated in the 19th century. Around the early 1800s, merchants and financial institutions provided credit for many types of goods and services. It was around the early 1900s that some department stores began to issue paper identification cards to customers [...]
Facts You Should Know BEFORE Considering Credit Counseling or Debt Consolidation
Posted by admin on May 26, 2007
There is one topic which every time I write about it seems to generate some hate mail while at the same time spawning a flurry of wonderful praise from consumers. Of course, the hate mail is always from a few people that happen to own these “certain types” of businesses I discussed and those [...]
Mortgage Accelerators…Scams or Success?
Posted by admin on May 26, 2007
Everybody who has a mortgage longs for the day when those monthly payments will end. Thousands of people are looking for ways to speed up that process, and many are finding the answer in what is called Mortgage Acceleration.
Mortgage accelerators come in differing shapes and sizes, and perform at different levels. The bottom line is [...]
A Solution For First Time Buyers To Get On The Property Ladder
Posted by admin on May 26, 2007
Until recently, it has become increasing difficult for first time buyers to get a foothold on the property ladder in the UK. Due to the rapid increase in house prices over recent years, more and more first time buyers are finding it almost impossible to raise the deposit required for a regular residential mortgage.
Some first [...]
Are You Being Cheap or Are You Managing Your Money Well?
Posted by admin on May 25, 2007
In response to a recent article, a reader asked (I’ve edited out the personal details):
“Here’s a question I’ve been struggling with since reading your article ‘Why You Should Always Buy the Best’.”
“I like to buy good clothing. It’s not cheap, but I like to buy on sale. The more on sale an item is, the [...]
Types and Characteristics of Trading Gaps
Posted by admin on May 25, 2007
Gaps are a common occurance in the markets. Everyday there is always at least one stock that has gapped up or down when the market opens. Why? As long there is some event happening somewhere between the market close of the previous day to the opening of today, there will be gaps. Even if the [...]
