November 30, 2009
Filed under: Banks, Real Estate, Mortgages
You know that old saying about how in life there are no second acts? Perhaps not. But that doesn’t apply to government work.
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November 28, 2009
Filed under: Debt, Credit cards
In the midst of all your shopping on Black Friday and in the aftermath, are you planning on taking in a movie? Before you watch the latest Twilight movie, or Ninja Assassin or whatever you think will put you in the holiday spirit, the government has some advice for you on how to use your credit card.
The Federal Reserve announced Wednesday that it’s sponsoring a 45-second ad that will appear before movie previews at 12 theaters in 12 cities from November 27 through December 3. The ad is a public service announcement, reminding people to use their credit cards wisely and to offer some advice on how to handle them.
Filed under: Banks, Credit, Debt, Fraud, Recession, Credit cards
Getting a loan can be a difficult task in this economic environment. Many lenders won’t even consider an application for a mortgage unless your credit score is above 740. Others will consider an application, but zap you with an outrageous interest rate.
Filed under: Banks, Credit, Debt, Fraud, Recession, Credit cards
Getting a loan can be a difficult task in this economic environment. Many lenders won’t even consider an application for a mortgage unless your credit score is above 740. Others will consider an application, but zap you with an outrageous interest rate.
November 26, 2009
It seems like there is data (or at least numbers) on every factor that any family could ever dream of considering when selecting a college. Which colleges have the highest graduation rates? Which college produce the most Nobel Prize winners?
But let’s be honest. There’s one thing we really want to know. Which schools are most likely to turn kids into drunken train wrecks? Happily, the National Institute on Alcohol Abuse and Alcoholism has put together some data on the topic: (Continue the story…)
Filed under: Banks, Saving Money, Black Friday, Banking-checking-account, Banking-savings-account
The down side of saving a big chunk of change on Black Friday is that you usually have to spend a lot of money to realize those savings. That’s why we at Walletpop were happy to see a Black Friday deal that is literally just about the savings.
Filed under: Debt
Black Friday may be the start of the shopping season, but for some people, it’s a painful reminder of what they don’t have. For those people, it’s almost become an anti-holiday.
“On Friday, I’m planning on tackling a number of things off my honey-do list,” says Robert Zonis, a product development chemist in Shelbyville, Tenn. who recently learned that his job will be terminated at the end of the year. “At least that’s the plan. I know I’m deliberately staying away from television, radio, newspapers and leaving the house in general.”
November 25, 2009
Filed under: Banks
Could your bank fail? There’s still a chance, but if you study the numbers, the odds are still highly in your favor that your financial institution will be sticking around.
Earlier this week, the Federal Deposit Insurance Corp. came out with its third-quarter report, stating that the number of troubled banks has climbed to 552.
November 24, 2009
Filed under: Banks, Borrowing, College
When I can’t think of anything else to write about, I sometimes like to pick up a copy of US News & World Report’s America’s Best Colleges, and spend about 30 seconds flipping through to find one piece of really, really, really horrible advice.
Filed under: Banks, Banking-savings-account
Americans are saving more of their earnings than they have in years, and that’s a good thing. But unfortunately, we’re not being rewarded for it the way we were in flusher years.
By now, everyone has heard about the government’s unprecedented actions to drop interest rates to historic lows so cash-strapped individuals, businesses and banks can borrow on more forgiving terms. The down side of this is that bank account holders are now getting rock-bottom interest returns on their money.