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You Have to Pay Off Your Debt

When you rack it up, you are responsible for it. Getting out of debt can be very disheartening, and it does not help that there are plenty of people out there ready to take advantage of your situation.
Be wary of those who claim that you do not have to pay back debt. This is not [...]

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Interest Rates and the Stock Market

When the Federal Reserve tinkers with interest rates, that can affect the stock market. And, depending on the perception of whether it will help or hurt consumer confidence and the U.S. economy, that affects the overall performance of the stock market. The Fed will be deciding whether or not to raise interest rates on August [...]

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Negotiating Credit Card Rates

One way you can get out of debt faster is to lower your credit card interest rate. How do you do that? Well, you can actually negotiate it with the credit card company. However, it is important that you have a good history with the credit card company. Interest rate negotiation goes much better if [...]

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Suspense Grows as Feds may Raise Rates

Wednesday and Thursday of next week the Feds will be meeting to decide if they want to raise or lower interest rates, and most investors are expecting Feds to raise the rates yet again.
One of the main reasons for the raise, if they decide to raise interest rates, would be that durable good orders [...]

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Creative Financing and Real Estate

Sometimes the time from purchase to sale is short, and sometimes it is unbearably long.  Being out of pocket $70K-$500K is tough, even to the wealthiest of us.
Interest only mortgages are an option for some real estate investors.  And, you may be able to deduct the entire payment as a business expense.  Ask your tax [...]

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Housing Up, Interest Rates Up Too

While it’s indeed exciting that  May’s housing numbers were up, when you look at the other numbers for the first part of this year, and after what the new Fed chairman said today, the housing boom may be nearing an untimely death.
Interest rates will again rise, thanks to word today from the new Fed chairman [...]

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Lower Price With Higher Interest

There are times in your real estate ventures that the seller of a home will be asking more than the market value of the home.  In most instances, this will just mean you can’t buy the house.
There are creative ways to make the deal work without paying IF you are willing to pay a higher [...]

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Credit Card Interest Rates

Be sure to pay close
attention to the fine print in your credit card account terms and conditions. 
There are some extremely important areas that you need to be aware
of.

 
Most credit cards,
even with a superb introductory interest rate, have a different interest rate
for credit purachases and cash advances.  Cash advances are usually higher a few
points from the [...]

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Posted in Debt Elimination

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