‘At the end of April I managed to have no credit card debt, no student loans. Only a car note, rent and living expenses. I went to the University of Missouri on a basketball scholarship. I received a fellowship at SU for graduate school, but I still had about $7,000 in loans, and I had [...]
Archive for March, 2005
‘THE spread of fee-charging cash machines will grow and continue to hit the poor the hardest, a Commons committee has warned.
There was a “drive” to replace free hole-in-the-wall machines outside bank branches with machines that charged, John McFall, chairman of the Treasury committee said.
More than a third of all ATMs across the UK now charge [...]
‘Millions of homeowners have taken advantage of low mortgage and home equity loan interest rates to make home improvements or remodel their homes over the last several years. When they sell their homes, many of them are unable to recoup the money they put into the improvements. Not all home improvements are created equal, so [...]
PFP Blog had a good article exploring the question of if you should rent or buy? They write:
‘According to a study prepared by Torto Wheaton Research for WSJ, “the gap between the cost of renting and the cost of buying in some markets is at its biggest since at least 1994, … and by some [...]
‘BANKS were forced to write off record amounts of bad debt last year, new figures from the Bank of England are expected to show this week.
Concerns about soaring levels of consumer debt are likely to rise, particularly over the willingness of banks to give large loans to poorer households.
Write-offs in the fourth quarter of 2004 [...]
‘Question | Is there anything I can do with my personal finances to blunt the impact - or take advantage - of rising interest rates?
Answer | Absolutely.
Consumers with variable-rate debt are particularly vulnerable to rising interest rates, whether that debt is tied to a credit card, a home equity loan or a mortgage.
A good idea, [...]
‘Most people understand that interest paid on a home purchase mortgage is deductible, up to $1 million of debt. And that’s true of interest on home equity loans up to $100,000. But less well known is the fact that interest on home equity loans not used to buy, build or improve a home is not [...]
‘MOST pensioners are having to cut their budgets for food, clothing and heating to afford the increasing burden of council tax bills, according to a report published yesterday.
Help the Aged claimed that hundreds of thousands of Scottish pensioners were likely to be living in “council tax poverty”. The charity said 70 per cent of those [...]
Money-zine has a good article on Debt Consolidators - ‘Debt Consolidators provide a useful and important service to several segments of the American population. For those people that have run up a lot of credit card debt or simply find themselves with a lot of loans to manage, looking for a good debt consolidator [...]
‘Australians are wasting AUS$10,5-billion a year on goods they never use as “retail therapy” becomes a compulsion, according to a study released on Saturday.
The Australia Institute, an independent think-tank, said the amount of wasted food alone was worth 13 times the country’s annual overseas aid budget.
A survey of more than 1 600 people commissioned by [...]