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How To Save Money On Credit Cards (21 Oct 2006) Some credit cards offer a cash advance option. But how good a deal is this? Not very. In fact, it can be downright expensive. Why? Because every time you use your credit card to withdraw case, m...
The Three Largest Factors In Your Interest Rate (21 Oct 2006) There are three major factors that affect how much you pay for a loan. Understanding these factors can save you time, money and frustration. 1. The Federal Reserve Discount Interest Rate. Banks and...
Building Business Credit (21 Oct 2006) Most businesses want to be able to borrow money when they need it, without the owners having to guarantee the loans personally. This means less risk to the owners. But wanting to get credit for your ...
Why Americans Find Predatory Lending Offensive (21 Oct 2006) "Menis - the author translates as "indignant rage" - It is the kind of rage arising from social betrayal that impairs a person's dignity through violation of "what's right." (p21), Achilles In Viet N...
Rewards Cards - Are They Right For You? (21 Oct 2006) Rewards cards have become the latest rage in the credit card industry. In the past, consumers shopped for credit cards that offered the lowest interest rate. Next came cards with low interest rates ...
Comprehending a Credit Report (21 Oct 2006) Obtaining a credit report is an excellent way to begin taking control of your financial future. It's recommended that you review your credit report once a year, not only to be aware of your standing ...
New Credit Scoring Model Could Help Millions (21 Oct 2006) Mark and Beth, a young married couple in their twenties, established a goal to buy a home within the first three years of their marriage before starting a family. They budgeted and used their money ...
How To Read Your Credit Report (21 Oct 2006) Credit reports are now easier to read than before but still require some upfront knowledge. Knowing the four parts that make up a credit report and how each part relates to your credit history gives you an advantage.
Secured Credit Cards- Consumer Tips (21 Oct 2006) Whether you have no credit or damaged credit, secured credit cards are a good tool for building a good credit history. Several months ago Tom, a member of CreditBoards.com, filed for a Chapter 7 Bank...
Student Credit Cards 101 (21 Oct 2006) If you're a college student, you probably already have a credit card. If not, you may have plans to get one or more soon. So why should you read on? Because financial debt is one of the main reason...
Credit Traps Snag Consumers (21 Oct 2006) Nearly 20 years ago I worked for a small consumer advocacy organization in Washington, DC. Each week we received sacks full of mail from consumers across the country requesting our list of credit car...
How To Eliminate Credit Card Debt (21 Oct 2006) There is almost nothing more troublesome than having too much debt to pay each month. Consumers incur debt for many different reasons. Sometimes illness, accidents, or just bad luck can make it seem ...
Reader Challenge Platinum Stud assured me people read this blog when he left. I’m not so sure. Not that I’ll stop writing it, I just may stop using spell check if I’m writing for myself. Anyway I figured today I would perform a little test to see if I actually have any readers. Here’s how it will [...]
The Best Auto Insurance Tip Ever Want to be smart about how you approach auto insurance? Ever wonder about how to set your deductibles? Here is how I kept my insurance payments low by setting a high deductable and then only having to pay $150 of my deductable anyway. I recently crashed my 2007 Ducati GT1000 motorcycle last Friday on the [...]
One of our most popular pages this month is hidden! I just reviewed our traffic statistics for Student Platinum, its been a good month for us but I was surprised to see that our second most popular page is one that’s not even directly linked to from the site. The page is a resource page for high school students and first year college students. It [...]
Credit Crunch: Get Your 2008-2009 Loans Now Before They Dry Up! I’ve been warning students about the credit crunch on the horizon for a couple of months now in this blog. Now the crunch is really here and it’s going to impact you in a very personal way…in your ability to pay for college. So forget about the past posts if you want and let’s get [...]
Understanding Value - How to make better financial decisions. My girlfriend loves fancy expensive handbags. We walk by them in a department store and I hear “ooh, isn’t that absolutely gorgeous?” I look at the $1,200 price tag and reply, “no”. If she had the extra $1,200 I’m sure she’d buy it although she isn’t going to spend $1,200 on a handbag when she [...]