Tag Archive | "Interest Rate"

Debt consolidation

Tuesday, May 28, 2013

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When debt becomes overwhelming, consumers have several different options to deal with the situation. For some, bankruptcy is the only option when paying off the bills is impossible without legal assistance to get things under control. Unfortunately, this often reflects poorly on a credit report and it can be tough to get a loan or […]

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Where to Cut When You Need Money

Monday, May 20, 2013

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Many of us are currently feeling the strain when it comes to living expenses and paying the bills and when you see that even governments around the world as well as the in U.S are cutting their spending, you know that the drive to save cash is something a lot of us are having to […]

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Dealing with Debt: Consolidation

Sunday, October 21, 2012

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Dealing with Debt: Consolidation

Because of the economic crisis, many Americans have been forced to take out loans or make purchases on their credit cards in the last few years. Most people do not have access to cash savings and need to use credit in order to fund their lifestyle. This has created a situation of out of control […]

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Credit Cards: How To Use Them To Save Money

Thursday, August 2, 2012

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Credit Cards: How To Use Them To Save Money

Did you know that you can actually save money using credit cards? We have all been warned about the accumulation of debt and how expensive a credit card can be. However, if you use it wisely, your card can actually help you save money rather than rack up debt. Here are three tips to help […]

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The Credit Card Shuffle – saving you money on credit card debt

Monday, June 25, 2012

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The Credit Card Shuffle – saving you money on credit card debt

The “credit card shuffle” is a process that involves moving debt from one card to another in an effort to save money on finance charges and interest. This process can work effectively if done correctly. However, you should avoid using one card simply to pay off another at all costs, as this practice is not […]

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What is an APR?

Tuesday, April 24, 2012

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What is an APR?

The term APR is associated with any kind of financial loan be it a bank loan, car loan, overdraft, payday loan or any kind of loan from a third party.  Although most people at some point in their lives will take out a loan of some description, a surprising amount of people do not understand […]

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Why Payday Loans Can be a Dangerous Way to Borrow Money

Wednesday, April 18, 2012

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Why Payday Loans Can be a Dangerous Way to Borrow Money

Payday loans are one of the most dangerous ways to get into debt and many people don’t even realize what they are signing up for. Payday loan companies claim that these loans are to be used in the very short term and paid back before the interest mounts, but in reality, the people that they […]

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Balancing the Perfect Retirement Portfolio

Monday, April 16, 2012

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Balancing the Perfect Retirement Portfolio

Planning for retirement can be tricky. First, you have to ensure you are saving enough money to live on comfortably in your non-working years. Second, you have to determine how that money is best saved. Retirement accounts are great, but you don’t want all of your savings in a retirement account. Many adults worry that […]

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3 Ways to Make Big Savings That Matter

Saturday, April 14, 2012

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3 Ways to Make Big Savings That Matter

When it comes to saving money, we sometimes think too small. Instead of focusing on big savings that could vastly reduce our spending, we cut out our Saturday morning Starbucks and politely refuse friends when we get invited to dinner. The probably will cutting out the little things is that it makes you miserable and […]

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The HAMP — What Will It Do For You?

Sunday, November 7, 2010

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Continuing my series of posts relating to the HAMP (Home Affordable Modification Program), I will now endeavor to clearly explain what exactly this program can do for you. Much of the literature put out by lenders in relation to this program is highly convoluted, and many struggling homeowners are unable to procure the help they […]

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Stocks Versus Bonds

Saturday, October 23, 2010

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Stocks Versus Bonds

Hi NeedMoney readers, James here with some basic talk about stocks and bonds. Many novice investors do not understand the difference between stocks and bonds, and their appropriate place within your retirement and savings portfolios. When you own a stock, you actually own a piece of the company. When the company does well, then the […]

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CDs: Why Large Banks Are Ripping You Off

Saturday, September 11, 2010

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If you are thinking of saving money with a CD, you might be throwing away money by choosing a large bank to deposit with. CDs, or Certificates of Deposit, let account holders put away money for a fixed period of time and get a fixed return on their deposit. A recent trend has seen a […]

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Are 0% Credit Card Offers Making a Comeback?

Wednesday, September 8, 2010

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As the recession has somewhat stabilized and credit card reform laws have been completed, the climate for lending is improving and more credit card offers are becoming available. There has even been a resurgence of the so-called “teaser rate” cards, which offer an attractive 0% interest rate, typically for a year, on balance transfers and […]

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Beware Of Yield Traps

Thursday, July 22, 2010

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Beware Of Yield Traps

Investors seeking an income stream from their holdings gravitate to either bonds or stocks which pay a dividend. Many stocks do not pay a dividend, and consequently there is no income provided from their ownership until the position is sold. Cash flow is especially important to those just entering retirement when income from investments becomes […]

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