When to Refinance Your Mortgage

Saturday, February 11th, 2012

Welcome to our week-long series on refinancing your mortgage. In this first of five articles, we look at when you should refinance. As I mentioned yesterday, my wife and I just closed on the refinancing our mortgage. We purchased our current home in 2004 and obtained a 30-year fixed rate ...

Additional Credit Cards And Your Credit Score

Tuesday, February 7th, 2012

There are a seemingly infinite number of credit card offers on the market, with each offering a unique set of benefits and drawbacks. For some, it may be tempting to apply for every new card with the hopes of realizing discounts, sign up bonuses, or promotional interest rates. Others are ...

Discover Card free balance transfer deal ends soon

Saturday, January 21st, 2012

Hows your post-holiday financial hangover? Lets hope you dont have one at all, but, if you do and your credit scores healthy, you might well be thinking of exploring balance transfer credit cards. Many of these offer a break of 6, 12, 15 or even 18 months ...

Is That REALLY Affordable?

Wednesday, January 18th, 2012

During the heady years prior to the financial crisis of 2008, many people thought that they could afford bigger homes.Unfortunately, as low-rate mortgage reset, it became painfully obvious that those homes werent affordable at all.But we dont have to go nearly that big. In college, I assumed I could afford ...

Beware of Debt Collectors Bearing Gifts

Friday, January 6th, 2012

Imagine that you have unpaid credit card debt. Thats the bad news. The good news is that the statute of limitations on the debt has expired, so you are not legally obligated to pay. But your credit score has taken a dive, so getting more credit seems impossible. ...