Most people get credit card debt because they do not know the credit card management. Credit card management is no card game and therefore needs caution. So, how to deal with credit card when they become overwhelming? Or how to make out a sound plan of credit card debt management?—the question comes automatically. Therefore, let’s [...]
Posts on ‘June 15th, 2007’
Is Paying Off Your Mortgage Actually Costing You?
Many Americans still believe that paying off your mortgage is the best thing you can do. After all, it is a guaranteed savings, right? Well, let’s take a look at it further.
Right now, there is a new craze in the mortgage industry, one that is being marketed heavily and is being presented as [...]
Credit Scores and the Fair Credit Reporting Act and How they Impact Your Credit Report
I know a ton of people who are convinced that if you need to repair your credit, then the Fair Credit Reporting Act is where everything starts. The FCRA is simpy a single Federal Statute designed to help to protect the consumers instead of the Credit Reporting Agencies. Or another good way to put [...]
The Alternative Minimum Tax Catch-22
If there is one tax that drives people nuts, it is the alternative minimum tax. Ironically, it may be the one piece of the tax code that forces a complete re-writing of the tax code.
The alternative minimum tax was created in 1969. The goal of the tax was to prevent ultra rich individuals from avoiding [...]