Credit Sesame Review
February 10, 2011
Credit Sesame is a website that can give you a free credit score and find you lower interest rates on your home loan and consumer debt. I first heard about Credit Sesame because of the free credit score they offer but after trying it out discovered that’s only part of their approach to reducing debt. Lower [...]
Balance Transfer Credit Cards 101
September 9, 2010
Balance transfer credit cards are not a permanent solution to paying off your credit card balance but 0% interest credit cards can offer a period of 0% APR to help you pay off some of your principal instead of interest. Balance Transfer Credit Card Basics Balance transfer card offers provide the opportunity for you to transfer a [...]
Borrowing Money from Family
June 17, 2010
Borrowing money from family has kept people out of the cold for thousands of years. It hasn’t always taken the form of borrowing money directly but the family structure has offered food, shelter, jobs, and loans to brothers, sisters, parents, and all manner of family members. Lending money to people you know is always tricky, [...]
How to Avoid Drowning in Debt
June 2, 2010
Most of us are pretty close to drowning in debt and we don’t even realize it. If you think of the Atlantic Ocean as a big sea of debt, some people in our country are living on land, out of the debt; but the majority of us (myself included) are actually sinking in the sea [...]
Debt Denial Quiz
January 4, 2010
Debt reduction is a good thing to tackle at the start of the year but sometimes we’re in denial about how much debt we actually have and how much work it will be to pay off those debts. A reader sent me the debt quiz below; you give a yes or no answer for each question. [...]
Lending Money to Family – Reader Struggle
December 11, 2009
Lending money to family and friends is no picnic, just ask Brandon. He’s a reader who left the comments below on the post from earlier this year about lending money to family. “My wife’s family does not have much care when it comes to money. they don’t make very much, have horrible credit, and their kids [...]
PayPal Discourages Use of Credit Cards
October 8, 2009
PayPal encouraged me to pay with my bank account rather than my credit card as I was setting up a subscription payment last night. When I first setup the subscription in PayPal it defaulted to use my bank account as the funding source. I wanted to switch it over to use my credit card just [...]
Payday Loan Question
August 5, 2009
Payday loans can bleed you dry. For example, here’s a recent comment from reader Cheryl: “We started out with Payday Loans when we hit financial bottom when I lost my job. We had just moved with a larger mortgage, plus have 2 kids at home to feed. We now have 6 Payday Loans that [...]
Avoid Foreclosure Rescue Scams
July 16, 2009
The struggling economy has left many people facing the potential of foreclosure and has created a wave of scam artists that are taking advantage of the fears of desparate homeowners. The Federal Trade Commission is on a mission to help stop foreclosure rescue scams around the country. Here is the FTC Chairman Jon Leibowitz’s warning [...]
Three Money Traps to Avoid
June 30, 2009
When money is tight, it’s tempting to turn to quick fixes but some of them can have lasting consequences for your money and your future. Obviously times are tough and many people are faced with decisions they thought they’d never have to make but here are three money traps to watch out for. Cashing in your [...]
