Debt - Strategically Pay It Back

When paying back debt, a little strategy goes a long way. It can literally save you hundreds, even thousands of dollars in interest charges ... ” debt. Below are a few examples of both types of debt: Good Debt - Mortgage, Student Loan, Car ... Your Debt Make a list of all your debt: The amount of each, the monthly payment and the interest rate [more...]

Date: 2009-01-19 03:05:22

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Joe Sixpack and the Subprime Crisis

The Subprime Crisis is a broken promise to Joe “Sixpack”. One Day in early 2006, Joe was feeling pretty darned good about himself ... up in the bank. He had no credit card debt. He owned his car free and clear. He looked at his pregnant wife ... % equals a payment of $1,787.50 a month and at 5.5% interest rate that equaled a loan of $315,000 [more...]

Date: 2008-10-11 20:31:04

Thank goodness for Sully.

It’s been quite a week. President Obama signed the stimulus package. Do we know if anyone voted for it in the House or Senate read the darn thing? ... payment to buy a new car, and the bank turned down the loan. This helps the economy how? There was some progress on housing. Low interest rates for qualified borrowers are a start. The President also [more...]

Date: 2009-02-20 22:33:00

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