Tag Archive | "Ramifications"

Protect Yourself With Put Options

Monday, November 22, 2010

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Hi NeedMoneyers, In previous posts, I’ve discussed protecting yourself against inflation, identity theft and against the ramifications of not having a sufficient emergency fund. Now, I’d like to discuss ways to protect your stock portfolio against market declines. For those of you who have long time horizons for your stock holdings, protecting your portfolio becomes […]

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Your Mortgage — When To Walk Away

Wednesday, November 10, 2010

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Your Mortgage — When To Walk Away

I’ve previously discussed here at NeedMoney details surrounding the HAMP (Home Affordable Modification Program). This program can provide much needed relief for homeowners who are facing foreclosure. However, this begs the underlying question of whether saving your home is truly in your best interest. Many homeowners today have mortgage balances which greatly exceed the current […]

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The Perils Of A Bad Credit Score

Wednesday, October 20, 2010

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Hi all, James here again, and I’d like to follow up on my previous post about your credit score. I explained in my last post the basics about your credit score, and now I’d like to discuss the ramifications of having a bad credit score. I can speak to this from personal experience having suffered […]

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Your Credit Score

Sunday, October 17, 2010

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Hey everyone, It’s James here to discuss a topic you’ve surely heard discussed a million times. Nonetheless, due to its importance, I desire to stress to NeedMoney readers the importance of maintaining a good credit score. For the uninitiated, your credit score (often referred to as a FICO score) is a number assessed to you […]

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What Are the Real Ramifications Of Bad Credit?

Thursday, August 12, 2010

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What Are the Real Ramifications Of Bad Credit?

The high unemployment rate and foreclosure crisis are serving to hurt the credit scores of millions of Americans. Your credit score is a guage of how lenders view you as a credit risk, and traditionally bad credit was akin to the scarlet letter as illustrated by Nathaniel Hawthorne. However, with so many Americans suffering foreclosures […]

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