Posts from ‘June, 2007’

Have you lately lost your sense of freedom due to piling debts?
Do you spend sleepless nights discovering ways to earn more to repay back all existing debts?
Do you have a bad credit history in addition to multiple debts?
Are you failing to make timely payback of EMI of several loans existing together?
If the road ahead seems [...]

Dealing with finances is enough to give some people real fits. Even adults occasionally have a difficult time meeting financial obligations, and sometimes, paying back loans can be frustrating and scary. Can you imagine what it feels like for an eighteen year old to be looking at student loans as the only means to completing [...]

QUESTION: I’m a part-time “hobby” seller of used books on Amazon and eBay. Do I need to pay income tax on the sales I had last year?
ANSWER: Yes, you are required to pay federal income tax and self-employment tax on your net income from selling used books online, whether you sold them on Amazon, eBay, [...]

Short term investments is a term used to describe a position in trade that lasts only for a limited time i.e., from several days to a few weeks or even to a few months. These investments can be made out of your savings, as a portion of savings is mainly used to invest. It is [...]

While transferring your balance from a high interest credit card to one with a low interest rate is easy, there are certain things that should be taken into consideration. The first thing you want to do is look at your current credit standing. If you have a good credit history, you should have no problem [...]

School loans have certain burdens to the attainment of the student’s dream of higher education. It is important that you consider some steps that will help you lower, manage and consolidate your debts.
Many people find it easy to rush through the school loan process. However, if you take a minute considering some of the [...]

Credit cards and credit scores are a delicate recipe; too much or too little of the ingredients could spoil the dish. Having worked in the mortgage industry for years I have seen almost every credit score and scenario imaginable and credit cards play a large role determining the scores. On one [...]

If you have had difficulty keeping up with your bills, you can rest assured you are not alone. Many people have run into trouble or a shortage of cash flow from time to time that has resulted in the inability to make all of their payments in full and on time. However, just [...]

At first there was mortgage “pre-qualification.” That practice has been largely discredited, simply because of the willingness of so many mortgage brokers or lenders to issue “prequalification” letters based on little evidence or without checking on the potential borrower’s financial details. These days, many large developers will conduct their own credit check before [...]

Many people balk at having credit cards because they think that by owning one, they would immediately spiral into the depths of bankruptcy. Admittedly, this may happen – but only if you are unable to control your urge to have retail therapy at every instant; and if you do not know how to take advantage [...]