Heir Today Gone Tomorrow
December 10, 2007
The heirs of many affluent baby boomers, mostly the children and grandchildren of these wealthy boomers, may find themselves with less inheritance than both they and the general public may have imagined.
Consumers Shopping Smarter
December 10, 2007
2007 may be the year that American consumers actually bring in some good cheer with the New Year, at least as far as their holiday shopping goes. Unlike many past years when consumers could not wait to charge their purchases on their high-interest credit card, this year they seem to be using cash far more frequently.
Refinancing May Be Difficult for Some
December 7, 2007
As yields on US Treasury securities fall, many savvy homeowners expect mortgage interest rates to fall as well. This, on the surface, would seem like a good time to refinance from a higher rate to a lower rate. For some consumers, that plan is working out, but for many others it is not.
Heir Today Gone Tomorrow
December 7, 2007
The heirs of many affluent baby boomers, mostly the children and grandchildren of these wealthy boomers, may find themselves with less inheritance than both they and the general public may have imagined.
Consumers Shopping Smarter
December 7, 2007
2007 may be the year that American consumers actually bring in some good cheer with the New Year, at least as far as their holiday shopping goes. Unlike many past years when consumers could not wait to charge their purchases on their high-interest credit card, this year they seem to be using cash far more frequently.
Rise in Credit Card Late Payments
December 7, 2007
When compared to the delinquencies and write offs associated with the current home loan mess, consumer credit card delinquencies have been down, or at least not as prevalent as home loan late payments. That, however, may be changing.
Filing Home Insurance Claims Can Cost You
December 6, 2007
Homeowners may not be aware of this but if three or more small claims are filed on a homeowner’s policy the insurance carrier can increase the premiums. In some cases, they can even deny to renew the policy.
Proposed Rate Freeze
December 6, 2007
Lenders who are looking at massive foreclosures next year are now discussing plans that will help reduce those foreclosures. Their plan is to freeze the lower introductory interest rates on some sub-prime mortgages. The important word here for homeowners is “some”.
Senator Obama Hails Credit Card Bill Of Rights
December 6, 2007
Amid rising criticism from both legislators and consumer protection advocates on possible abuses aimed at certain credit card users, Democratic presidential candidate Senator Barack Obama is pressing for more restrictions on predatory credit card companies. The gist of the proposal is hoped to help those consumers who incur massive amounts of credit card debt that the card issuers know the consumer cannot pay back.
Reduce Auto Insurance Easily
December 5, 2007
Many drivers do not know it, but they might be throwing money away each month they pay their auto insurance premium. According to the National Association of Insurance Commissioners (NAIC), simply shopping for better rates can be one of the most effective ways to save money on auto insurance. NAIC recommends that drivers review their car insurance policies every year. However, only a handful of drivers actually do this.