A lot of people make use of their credit cards when shopping for the holiday season on the premise that they are going to pay all of the newly formed debt off within only two or three months time. Unfortunately, most people are still trying to tackle these credit card debts six to eight months [...]
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Debt and the Holidays
November 20th, 2008 — , Credit Cards, banks, checking account, christmas, christmas club, credit card debts, credit card interest, credit unions, debt, eight months, holiday gift, holiday season, holiday shopping, holidays, how much money, impulse, money, necessary means, paycheck, personal finance, premise, steep increase, three months, traditional savings accounts, using credit cards from Rich Leverage @ Rich Credit Debt Loan
Keeping Your Money Safe in Economic Turmoil
November 18th, 2008 — , Financial Security, Income Streams, Long Term, bank failures, banking, banks, biggest mistake, car market, economic hardship, economy, footing, good time, great depression, guarantees, interest payments, money, personal finance, real estate, rush, scoffing, smart investor, speculation, stock market, taking stock, taking the time, tank, ugly thing from Rich Leverage @ Rich Credit Debt Loan
While many are reacting to the news of bank failures and bailouts badly, there are a few people that are taking the time to assess the situation and figure out what they can do to stay on top, and keep their money safe. Panic is an ugly thing, especially when it involves money. Britain has [...]
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My Zopa CD is No More
November 17th, 2008 — , Zopa, banks, credit union administration, credit unions, customer service staff, e mail, email, excellent customer service, excellent products, financial markets, good hands, member service, members interests, national credit union administration, ncua, provident credit union, service folks, service relationship, superlative customer service, transition, turbulence from RateLadder @ Rate Ladder
I received the following email… I had known it was coming: Zopa Shuts Down US Branch
With all of the turbulence in the financial markets these days, we want to let you know that your Zopa CD is as safe and secure as ever. As you know, your Zopa CD was issued by Provident Credit Union. [...]
Start Treating Your Finances Like a Bank
November 15th, 2008 — , Debt Management, Investing, average person, banks, bargain basement, budget, checkbook, collecting dust, crash course, debt, enough money, extra 500, financial independence, leverage, little bit, management principles, managing your money, mindset, payoffs, personal finance, risk, single day, streams of income, successful management from Rich Leverage @ Rich Credit Debt Loan
If you want to start making money, you’ve got to stop looking at your finances like a regular person and start treating your checkbook like you work for the bank. This is the key towards successful management of your finances and will help you grow your current income and create more streams of income at [...]
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November 12th, 2008 — , banks, cards, consumers, credit karma, credit report, credit score, credit scores, debt, debts, increments, interest rates, money, monitoring service, mortgage, naught, open accounts, personal finance, personal loan, risk, scenarios, struggle from Credit Karma @ Credit and Personal Finance Blog | Credit Karma
One of the biggest issues that many consumers face is figuring out how much debt they should be carrying. As Americans struggle with mounting debts, the focus has shifted towards paying them down and getting them under control. While there are many benefits to paying off your debt, there are a few things to keep [...]
Related StoresResisting Panic: A Quick Guide to Surviving The Credit Crunch
November 4th, 2008 — , Credit Cards, Credit Crunch, Financial Security, News, banks, credit, economy, financial institutions, interest options, investment options, loans mortgage, money, money markets, mortgage borrowers, mortgage loans, mortgages, newspapers, overdraft fees, personal finance, personal loans, phrase, single day, time borrowers, united kingdom, wrecking havoc from Rich Leverage @ Rich Credit Debt Loan
A few years ago if you referenced the term “credit crunch”, most people would be puzzled. Today barely a single day can pass without the phrase seeing consistent if not constant use in the newspapers and on television. The credit crunch is a crisis that is affecting numerous financial institutions and banks, and has been [...]
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What Are Safe Investments?
November 4th, 2008 — , Smart Money Ideas, banks, bet, bonds, due diligence, extra income, high yield savings, homework, interest rate, investments, money, personal finances, personal financial adviser, professional broker, rate of return, risk analysis, safety net, savings, savings account, stock, stock market, streams of income from Loanio @ Loanio
If you are trying to accumulate wealth, set aside money for the future or you would just like to have a few more streams of income coming in, investments are usually the first thing people turn to. However, the most common question that many people have is what are safe investments? This is a question [...]
Related StoresCredit Crunch Affecting Car Dealers
October 31st, 2008 — , Automobile, Car, Lenders, auto dealerships, auto makers, banks, car dealerships, consumers shop, credit, credit scores, current state, economy, inventories, loans, local auto, new car loan, personal finance, poor credit, profits, purchasing a new car, special offers, tips for buying a car from Credit Karma @ Credit and Personal Finance Blog | Credit Karma
Because of the problems facing our economy, most consumers are finding it difficult to obtain the lending that they need for things like purchasing a new car. However, what consumers are failing to understand is that the auto makers and car dealerships are experiencing the exact same issues relating to the economy, and are just [...]
Related StoresShould You Be Worried About the Economy?
October 28th, 2008 — , Credit Cards, Managing Money Wisely, Money Management, bad news, banks, car payments, cards, carpool, credit card bills, economy, emergency fund, foreclosure, gas prices, high interest rates, housing market, interest card, interest rate, loans, money, mortgage, mortgage payment, mortgage payments, personal finance, smart money, variable rate from Loanio @ Loanio
If you follow the news, chances are the state of the economy may have you a little concerned. Bad news is rampant, the housing market is shaky and doom appears to be around every corner. While there are some definite problems with the economy right now, that doesn’t necessarily mean that you need to start [...]
Related StoresWho is Really to Blame for the Credit Crunch?
October 15th, 2008 — , Credit Crunch, banking, banks, borrowers, downturn, economy, foreclosure, home loan, home loans, housing, investments, lender mortgage, loan situation, loans, middle man, mortgage brokers, ramifications, single home, sub prime market, suits, two thirds, wall street, wall street firms from Credit Karma @ Credit Karma
Most of the country is beginning to feel the ramifications of the housing crunch and credit crunch right now. There is no single entity to blame for this massive downturn in the economy, however. So who can we blame for the credit crunch? We can definitely blame the brokers, the banks, wall street, the government, [...]
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Current State of the Economic Bailout Plan
October 8th, 2008 — , In the News, bailout package, bailout plan, banks, bonds, constituents, consumers, credit, credit karma, economic bailout, economy, financial challenges, financial institutions, housing, insiders, loans, monetary assistance, negative message, number of representatives, overwhelming number, period of time, psyche, public disapproval, stock market, stock market crashes from Credit Karma @ Credit Karma
Insiders on the economy have mixed ideas on the impact that the economic bailout plan will have on the country. A federal bailout package may significantly boost the psyche of consumers and make banks more willing to extend credit, which could significantly improve the struggling economy across the nation. Unfortunately, it could also send a [...]
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5 Steps to Get Your Credit Ready To Buy a Home
October 3rd, 2008 — , banks, better your chances, buying a home, credit bureaus, credit card, credit karma, credit rating, credit report, credit score, credit scores, credit worthiness, determinant, detriment, doors, home loan, loans, mail, personal finance, s market, six months from Credit Karma @ Credit Karma
If you are thinking about buying a home in today’s market, it’s never been more important to make sure that your credit rating is going to be sufficient. Banks are closing their doors to many that are deemed to risky, and if you want to get an approval for your loan, you will need to [...]
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Continue reading → 5 Steps to Get Your Credit Ready To Buy a Home
Should Raising FDIC Insurance Limits Really Change Confidence?
October 1st, 2008 — , News, bailout, banking system, banks, consumer confidence, fdic insurance limits, saving, us senate vote from Mike @ richerbytheday
Following the House’s recent defeat of the bailout bill and heading into tonight’s US Senate vote, speculation has been building that FDIC insurance limits will be raised to $250,000 from $100,000. While I’m strongly in favor of such a measure, and it will certainly improve consumer confidence in the banking system, I have to ask [...]
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The Importance of Knowing What Is In Your Credit Report
September 30th, 2008 — , Credit Cards, banks, cellular phone, credit monitoring service, credit report, credit score, credit scores, frequent basis, interest rates, landlord, major credit bureaus, necessary steps, personal finance, proactive, risk, three major credit bureaus from Credit Karma @ Credit Karma
Many of us go through life, blissfully unaware of what is going on in our credit reports. We pay our bills on time, at least most of the time, and open up new credit cards whenever we feel like it. In fact, you may never really know just how bad your credit is until you [...]
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Continue reading → The Importance of Knowing What Is In Your Credit Report
Is The State of Your Credit Forcing You to Spend More Money?
September 29th, 2008 — , 163, 30 year fixed rate, bad credit, banks, consumers, credit history, credit score, credit scores, creditors, different ways, exact loan, fixed rate loan, interest rates, loans, money, perfect time, personal finance, poor credit, rewards, risk, same time period from Credit Karma @ Credit Karma
Many of us don’t realize just how much of an impact our credit scores can have on our finances. What triggers change in your credit scores? Well, if you have had difficulty paying your bills in the past, or you have not done much work to build up your credit history, chances are your score [...]
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Starting Kids Out on the Right Financial Track
September 22nd, 2008 — , banking, banks, basic principle, best solution, checking account, children, chores, earning money, financial decisions, financial foundation, money, new horizons, notebook, obligation, paper route, personal finance, sense of responsibility, wish list from Rich Leverage @ Rich Credit Debt Loan
Many of the best lessons we can learn about personal finance are taught when we are very young. By laying a strong financial foundation for your children, you can help shield them from making catastrophic financial decisions in the future. There are some great options available out there that can help any child learn more [...]
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Tips for Paying Off Student Loans
August 17th, 2008 — , banks, bartending, borrowing money, debt, decades, direct loan, enrollment figures, family disputes, full time, interest rates, jobs, leverage, loans, next decade, parents, part time job, periods, second job, student loan industry, student loans from Rich Leverage @ Rich Credit Debt Loan
Right now, the student loan industry is going through one of its worst periods in decades. New Federal regulations have forced many banks to stop offering student loans, and students are being forced to either find a direct loan or start paying back what they owe. Enrollment figures are being affected dramatically and right now, [...]
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August 11th, 2008 — , Rant, banks, best customer service, credit unions, minimum balance requirements, mortgage, ridiculous fees, saving from Mike @ richerbytheday
We all have horror stories about how we were mistreated, overcharged, or otherwise screwed by a bank at some point in our lives. If we find this happening again and again, it’s quite possible that we’ve chosen the wrong bank. The choice of a bank is less about whether a bank is good [...]
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July 21st, 2008 — , Zing Funding, atlanta ga area, banks, connection request, credit card, due diligence, email, fico score, first franklin, individual investors, internet consumers, investor, out of the blue, scoop, scope, unsecured loan, zing from RateLadder @ Rate Ladder
I received a rather unusual linked in connection request today… I thought it was out of the blue and almost deleted it… (It may have been out of the blue, but since I cover p2p lending I thought I would take the opportunity to scope/scoop the story.)
The website just has a sign up form to [...]
FVP in Nuevo Laredo: building confianza
July 15th, 2008 — , Brendan McBride, Fundación para la Vivienda Progresiva (FVP), KF5 (Kiva Fellows 5th Class), Nuevo Laredo, banks, mexico, mud from brendan11 @ Kiva Blogs from the Field
Two weeks have passed since I started work at Fundación Para La Vivienda Progresiva, or Foundation for Progressive Housing. I am still very much in absorption mode, so for now I will rely on broad strokes to paint the picture of what FVP is all about.
The organization is located right across the border from the [...]
Double the Income or Double the Expense Till Death Do Us Part
July 9th, 2008 — , Retirement, banks, business is business, economy, emotion, financial goals, first few years, heartache, incomes, money problems, money work, multiple streams of income, new ways, outpouring, personal finance, relationships, rest of your life, smart investments, streams of income, throes, wedded bliss from Rich Leverage @ Rich Credit Debt Loan
Getting married is stressful and emotional, but when it comes to handling finances, things can get really scary. You’ll be combining two incomes in most cases and many people get the impression that they can start spending twice as much. This usually leads to double the expenses and a lot of heartache. If you’re just [...]
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Continue reading → Double the Income or Double the Expense Till Death Do Us Part
5 Things to Look For When Picking a High Interest Bank
May 27th, 2008 — , Financial Security, account fees, arbitrage, balance transfer, banking, banks, best interest, closure, credit card, debt, diversification, due diligence, fallout, fee rate, high interest, homework, ing, interest balance, interest rate, leverage, minimal fees, money, paper doesn, personal finance, scams, wealth from Rich Leverage @ Rich Credit Debt Loan
If you’re interested in leveraging your credit in a safer environment, credit card arbitrage is one of the best ways. In order to succeed, you need to make more interest than your low interest balance transfer offer and for that you need to invest your money in a high interest bearing account. However, there [...]
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Recirculating the $2 Bill
April 9th, 2008 — , $2 Bill, banks, circulation, currency, life cycle, reaction, saving, two dollar bill from Mike @ richerbytheday
My post discussing whether the penny should be eliminated reminded me of the other redheaded stepchild of US currency: The $2 Bill. You may not realize that $2 bills are still in circulation, but I have a friend on a mission to change that perception.
Every time his supply of $2 bills is depleted he [...]


