January, 2010
Borrowing Money and Government Aid Can’t Stop Foreclosures
Foreclosures on the rise
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Despite credit cards, borrowing money and government aid, many homeowners lost their homes to foreclosure. A recent Mortgage Banker's Association survey held that one in seven home loans in the US were foreclosure or at least past due. That's the highest delinquency rate since the survey began ...
Auto Loan Financing Tips
Owning a Car Can be Expensive
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The thought about owning a car can be exciting for anyone. With the many models, brands and colors to choose from, a potential buyer may feel overwhelmed. Take time to find the best loan, since most autos today are very expensive. Many people will finance ...
Your Rights When You Owe Money
When you owe money, you are technically considered a debtor. In a perfect world, we would all be able to pay our debts on time and in full. At some point, most people will fall behind on payments. When your debts get too far behind, you may be sent to collections. When your account is ...
Drink Great Wine on a Budget
Unless you’re a real wine aficionado, you probably lack the confidence to know which of those bottles of wine on-sale at the local BevMo are a bargain and which deserve the appellation, two-buck-chuck. That’s why we’ve asked two Master Sommeliers to suggest some wines that can stand-in for more well-known (and expensive) bottles. With the ...
Pure Horatio Alger on 30% Interest: The History of the Credit Card
How the First Credit Card Came to Be
In America, credit card history isn’t something most people think about. This is because credit, and thus credit cards, seem to be a timeless method of payment. However, the use of plastic payments is, for the most part, a twentieth century luxury. At the dawn of the 20th ...
