Reverse mortgages are secured loans that don’t always work out

The reverse mortgage loan Reverse mortgages are secured loans that come with a catch. Just ask Ernest Minor of Marysville, California about them. He had a reverse mortgage and hoped it would pay for his wife’s medical bills. She eventually passed away and his loan came due. He received a bill for $200,000 from the

Andre Bauer says poor children are like stray animals

Carry on, South Carolina – from Mark Sanford to Andre Bauer South Carolina is a perfectly fine place, I’m sure. The Palmetto State no doubt has beauty and local color in spades. However, its recent political history has been talk show cannon fodder. Gov. Mark Sanford went on his soul-searching trip on the Appalachian Trail

Many businesses find the year’s end the best time to strategize

End of year reflections When it comes to the end of the year, many business owners do a lot of reflection. It’s a great time to sit back and take stock in how productive a year has been, whether or not goals have been achieved and how the coming year’s performance is projected. Tweaking a

Straight talk about Cash till Payday Loans

Cash till Payday Bad Credit Ok Let’s face it; there aren’t a lot of people or companies willing to lend cash till payday to a person with bad credit. The lower a person’s FICO score, the more of a risk they are considered to be, and most lenders aren’t willing to take such risks. Therefore,

Mortgage Loans and Home buyers

Mortgage Loans and Home buyers Are you a first time home buyer seeking to enter the home buyers market, or perhaps a current homeowner looking to refinance or take out a second mortgage on your current home? There are still many good options available for those seeking some type of mortgage loan. Choosing your best

Borrowing Money Can Still Be an Advantage if Managed Wisely

Lessons learned from the recession When it comes to borrowing money, Americans are getting a good lesson in the new rules. Pre-recession credit was thought of as a tool available to almost everyone. People used their credit for a wide variety of things, seeing its convenience as a major advantage to their monthly bill payment

Overlooking Simple Deductions can cost Taxpayers

Most taxpayers are honest The vast majority of American taxpayers are honest when it comes to filing and paying their taxes. The million dollar tax cheats are very rare. Instead of taking advantage of the system, it is actually the opposite that is true; most Americans do not take advantage of legitimate deductions and overpay

Debt management plans pay debt and restore credit

The Truth about Debt Management Plans Creating a debt management plan helps consumers pay debt, reestablish credit and begin to regain control over their finances. However, many avoid doing so because of misconceptions about the way that debt management plans work. In some cases, people have been purposely misled by debt counselors to believe myths

Stock Market Progression Signals Recovery

Great gains move on to more stable investments The New York Stock Exchange is the barometer that most people go by to gauge the health of the economy. The NYSE also served as the barometer for the recovery of the economy. Beginning last March, the recovery began in earnest according to the numbers on the

Without Financial Communication Love and Money Spells Disaster

The financial side of living together Without the essentials of wealth education, love and money spells nothing but trouble for a lot of couples. The reasons for this aren’t usually due to a lack of money or even an individual’s personal spending habits. Rather, trouble is often attributed to unrealistic expectations about love and gripping

Getting Quick Cash can open the Door for Skimming

What is skimming? Anyone who has run to an ATM for quick cash has put themselves at risk for skimming. Skimming is a new type of thievery in the 21st century. Thieves set up electronic equipment that captures magnetic stripes on your ATM card. It stores your PIN number and then thieves use the information

How Our Spending Habits Have Changed

Just the Basics I know that my spending habits have changed in the last couple of years. Yours likely have too. This change is the result of job cuts, lower pay and the overall financial downturn. We all need the economy to recover and getting out there and spending some money would certainly help turn

History of the Credit Card in America

How the First Credit Card Came to Be In America, credit card history isn’t something most people think about. This is because credit and credit cards appear to be a timeless method of payment. However, the use of plastic payments is, for the most part, a twentieth century luxury. At the turn of that century,

To Build up Cash Today Try Looking at Your Diet

Spending to be healthy Building up cash today can be as easy as looking to your diet habits. The diet industry is a billion-dollar venture. From gyms to diet foods and sportswear to equipment, Americans are buying. There are thousands of products consumers buy to help manage their weight. The number one culprit is the

Woman kills boyfriend by sitting on him, get probation

“I feel there wasn’t no justice” Sit on my face and tell me that you love me, I’ll sit on your face and tell you I love you, too. – “Sit on My Face,” Monty Python Dysfunctional relationships and domestic abuse are not laughing matters. If you feel you are in a dangerous relationship, contact

To Avoid Having to Borrow Money, Homeowners Need to Be Smart

Homeowners need to be aware of all costs Many new homeowners end up having to borrow money when trying to set up their new purchase. They already have a hefty mortgage to contend with, but failed to plan for additional costs associated with owning a new home. If you are in the market for a

New Year’s resolutions can help you find emergency money

Common New Year’s resolutions It’s not that difficult to find emergency money if you are willing to sacrifice. Now that the beginning of the year is here, many people are making New Year’s resolutions. Five of the most common are quitting smoking, exercising, eating healthier, decreasing debt and saving more money for emergencies. These are