tag:blogger.com,1999:blog-24919856875035366842024-03-08T18:09:07.986-08:00Debt Consolidation Credit Counseling In AustinDebt Consolidation Credit Counseling In Austin - Quality Information On Debt Consolidation Credit Counseling In AustinCredit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.comBlogger1463125tag:blogger.com,1999:blog-2491985687503536684.post-31270151003028478652009-03-03T15:57:00.001-08:002009-03-03T15:57:08.905-08:00Payday Loan No Credit<div style='font-style:italic;' class='uawbyline'>By Margaret Fox</div><br /><div class='uawarticle'>When was the last time that you needed money because of an emergency and you weren't able to get any even from loaning through a financial institution? Isn't it a very frustrating situation? Well you might as well be thinking that those people whom you've helped before may help you as well today, but is that really true? You might be wondering how about those financial institutions that may help you with acquiring a loan. Well the good news is, there is such loan service that can help you out with the financial assistance that you need and that is through sameday payday loans.<br /> <br /> Have you ever heard of sameday payday loans being granted to a borrower just like that? Well you've got to know that sameday payday loans can be availed by almost everybody and it's very reliable. But to make it clear, when we say same day, it doesn't mean that it is the same time, a few hours, within the same mornings or in the evening.<br /> <br /> If you are definitely in an emergency situation and you would like to take advantage of this certain service, you don't have to hesitate applying for the sameday payday loans service because it's open to serve you anytime of the day. The procedure of the application is very easy to follow you just have to get online for the instructions and then follow them accordingly.<br /> <br /> This time around, with same day payday loans processing, you don't have to worry about those days that you will be spending talking to the loans approval department just to settle all the requirements needed and have them faxed to them every time that they require a copy of this and that. Now all you have to do is to fill up an application form on a particular web site and submit it for processing. You do not have to worry about security because they have server that encrypts your data so nobody would be able to use the information for other purposes.<br /> <br /> So if you are indeed in the midst of losing financial stability and the only way to resolve the issue is to borrow money as quickly as possible, then the same day payday option would be the best service that you can take advantage of and after you'll be able to take a deep breath from aggravation and do the things that you normally do.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>If you want to get a loan, you should try for <a href='http://www.paydayloannocreditcheck.info'>Payday Loan No Credit Check</a> isn't is? Go to our site today: <a href='http://www.paydayloannocreditcheck.info'>http://www.paydayloannocreditcheck.info</a> </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com1tag:blogger.com,1999:blog-2491985687503536684.post-58215793944743379942009-03-03T10:19:00.001-08:002009-03-03T10:19:32.492-08:005 Essential Steps to the Financial Planning Process<div style='font-style:italic;' class='uawbyline'>By Hank Brock</div><br /><div class='uawarticle'>The financial planning process involves five basic steps. After the initial meeting with your financial planner, the five steps to the financial planning process include: data gathering, plan preparation, plan presentation, plan implementation, and on-going monitoring.<br /> <br /> 1. Financial Planning Process: Data gathering. <br /> <br /> Data gathering is a marathon. It usually takes place at your home. It may take two hours or all day. Your planner will need to examine all your documents: Tax returns. Balance sheets. Income statements. Employee benefit plan booklets. Retirement plan documents. Wills. Trusts. Insurance policies. Investment statements. Brokerage house statements. Bank statements. These are the tangible bits of information.<br /> <br /> The tangible information is not all that is needed however. A good financial planner will want to know your lifestyle goals. When do you want to retire? What kind of income will you require upon retirement? What type of lifestyle do you want to live? Your answers will need to be calculated into the planning process. The planner must also make assumptions on the future. Where will interest rates go? What direction is the economy headed? What find of inflationary pressure will we see? Your planner needs to learn your feelings on these various assumptions.<br /> <br /> Finally, your financial planner will determine your personal attitudes - toward taxes, risk tolerance, complexity/simplicity of your financial affairs. The primary objective of the data gather is to have a clear idea of where you are currently and where you want to head for the future.<br /> <br /> 2. Financial Planning Process: Plan preparation. <br /> <br /> Your plan will usually take three to four weeks to prepare. During this time the planner does the analysis and diagnostic work. Now that the planner knows where you are and where you want to be, he can find the most efficient path to get you there.<br /> <br /> For example, maybe it's a family partnership. Or a family corporation. Or a family trust. They'll look at all the pros and cons -- then prepare written recommendations. Some will be major strategic recommendations. Others will be minor tactical recommendations. They will all fit together. <br /> <br /> 3. Financial Planning Process: Plan presentation. <br /> <br /> After all of the recommendations have been compiled into writing, the planner will sit down with your to present the plan, review any major areas. That day you'll take the plan home and study it. Read and pick it apart. As you review the plan, jot down any questions that arise.<br /> <br /> When you get back together with your planner, you'll go over the plan in detail. They'll answer your questions. Clarify details. As you agree on each recommendation, your planner will prioritize them into an "Implementation Check List." It's simply a "To Do" list for you and your planner.<br /> <br /> 4. Financial Planning Process: Plan implementation. <br /> <br /> The first three steps will likely be completed in about a month's time. <br /> <br /> The fourth step, plan implementation, takes on average five to six months (sometimes longer). During this time, you will cover topics such as tax planning, retirement planning, estate planning, and other insurance concerns. Your financial planner may want to bring in other experts at this time to consult on specific issues.<br /> <br /> When all is said and done, you may have as many as 30 different recommendations in your plan. Some will be major, broad, strategic recommendations, likely worth thousands of dollars to you. The rest will be to help you fine-tune your financial affairs. These things will help you cross the T's, dot the I's, and ensure your finances are really in order.<br /> <br /> 5. Financial Planning Process: On-going monitoring and maintenance. <br /> <br /> In the final step of the financial planning process, your planner should be retained to help provide periodic updates and on-going advice. You should do a couple of tax planning meetings each year, review your portfolio, update insurance, etc... You'll often find little questions that you'll want to run past your advisor. Because your planner knows your unique situation, you will be alerted to changes in conditions that directly affect your plan.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Hank Brock is president of <a href="http://www.brockfc.com">Brock and Associates, LLC</a>, a financial and business planning firm. Visit us for more information on <a href="http://www.brockfc.com/financial-planning-process-5-essential-steps.html">the Financial Planning Process</a> and other planning topics. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com1tag:blogger.com,1999:blog-2491985687503536684.post-57788490757210156242009-03-03T09:21:00.001-08:002009-03-03T09:21:25.901-08:00Get Your Loan Modification Approved With This Advice<div style='font-style:italic;' class='uawbyline'>By James Drake</div><br /><div class='uawarticle'>Now, let's take a look at some ways to increase the chances of obtaining a loan modification You can increase your chances of success by using some of these little known secrets Let's see a couple of these tips.<br /> <br /> To get your mortgage loan modification approved, you need to show financial hardship. This requires you to write a 'hardship letter' to your lender. This letter shows and explains your financial problems. You also need to tell your lender what steps you've taken to improve your situation. Finally, write that you are committed to remaining a home owner.<br /> <br /> If you set up a new home budget and free up some money, this gives you more space for monthly payments. You have to be aware of your available income to be able to determine an affordable monthly payment. Reassure the banking company that you're able to pay that monthly amount now and will be able to keep it up in the future. <br /> <br /> Fill out the needed financial statements to let your lender know about your financial state of affairs. Don't leave off information and be thorough. Offer your financial statement and a financial statement for the future to make the lenders job easier. <br /> <br /> Make sure you do your research and plan ahead when applying for mortgage loan modification. As soon as you're aware of the approval criteria, you drastically step-up your chances of success. When you want to apply for mortgage loan modification, time is not your friend. Saving your home begins with doing the required planning.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>James is a broker writing about loans and mortgages. He also writes about <a href="http://www.woninginformatiecentrum.nl/mini-lening-zonder-bkr/">mini lening</a> and <a href="http://minileningblog.wordpress.com">mini lening blog</a> in Dutch. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-70549410665559082792009-03-03T08:47:00.001-08:002009-03-03T08:47:14.815-08:00A Life Without Debt For Everyone<div style='font-style:italic;' class='uawbyline'>By India Moon</div><br /><div class='uawarticle'>A life without debt! Have you ever thought about what that would be like? Could you get by without credit cards, without a mortgage and imagine not owing money to any bank or anyone? How would you handle trying to rent a car, spend a night in a motel or buy theater tickets online?<br /> <br /> Listening to the news about the recession and the financial woes of our country and the world is pretty scary. Hearing about the job losses, the foreclosures on homes, the companies that are closing down is enough to make anyone feel very worried about their financial future. And for those of you who have already lost your retirement savings on the share market, you already know what it feels like.<br /> <br /> Are you sick of thinking negatively? It only makes our stress greater and drains our energy. How about some positive energy. What can we do? How would it feel if you made a goal to start today living without debt? Would that give you something positive to get stuck into? Would you know how to begin? If not, I can help you with some good ideas<br /> <br /> Burn your credit cards! Next step is to find a really cheap debit card. No fees if you can find one. Debit cards are great, you can only spend the money that is in your account, there is no credit on them at all. And if you want to pay for something online or book a hire car they are great for that too.<br /> <br /> Now you need to pay off those credit cards as quickly as possible. The easiest way to get them paid off is to pay only the minimum payment each month on all of your credit cards except for the one with the least amount of debt.You must find extra money, more than just the minimum to pay off this one each month till its paid off. Choose the credit card with the next least amount of debt, add the money you were using to pay off the finished credit card, to the minimum due on the next one and use all that money to pay that credit cards down. Keep on like this till all your credit card debt is gone.<br /> <br /> Construct a workable budget and stick to it. Pay for things with cash or your debit card only. Save an emergency fund and have goals and save for the things you need.<br /> <br /> Living without debt will be so very wonderful for you. It takes away all the stress. It gives you feelings of security, knowing that you are rowing your own boat and are not owing anyone money. You will never be vulnerable again in times of boom or bust financial markets. It becomes a way of life that is so great that I don't think you would ever want to go back. Enjoy!</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>India Moon has been assisting people pay off debt for more than for 10 years. For free information and resources please make sure that you check out <a href="http://getting-out-of-debt-now.com">help getting out of debt</a> Click here for even more <a href="http://getting-out-of-debt-now.com/free-debt-help.html">Free Debt Help</a> </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-38594984814141418722009-03-03T07:26:00.001-08:002009-03-03T07:26:16.037-08:00How To Shop for a Mortgage<div style='font-style:italic;' class='uawbyline'>By David Williams</div><br /><div class='uawarticle'>Finally, the time has come. The time to buy your first house, and, very probably, get your first mortgage. This is a huge step, one that takes care. To help you make this decision, this article will guide you through some of the basics of the mortgage process.<br /> <br /> There are few hard and fast rules in the mortgage world, but one thing is clear: the bigger your down payment, the better. If you want to avoid paying excess interest or mortgage insurance, you'll want the big down payment. A big down payment will also lower your monthly payments, making the mortgage more manageable.<br /> <br /> If you can't make a 20 percent down payment, you'll very likely have to pay mortgage insurance, which is an extra fee assigned to the loan to cover the bank for the extra risk. Obviously, you'd like to avoid paying it, but might be inevitable.<br /> <br /> The number one most important thing to figure out when trying to find a mortgage is how much you can afford. Overextending yourself on high mortgage payments is the path to financial ruin, so be sure to consider carefully what you can pay each month. One common guideline is that your mortgage should cost you no more than 35 percent of your take home income each month.<br /> <br /> After you have sorted out the matter of how much you can afford, you'll need to decide on which type of mortgage you want. The class standby is the 30 year fixed rate mortgage, which means you lock in a fixed interest rate over 30 years of payments. You can also get mortgages with varying rates, and shorter terms. Be sure you research all these options.<br /> <br /> Of course, its important not to get carried away. I remind you again that if you can't afford to make your monthly payments, you'll find yourself in a bad position very fast. Remember that there is no shame in renting while you save for a better place.<br /> <br /> This covers just a few of the basics of shopping around for a mortgage. The key is to seriously look at your finances, and do all the proper research before pulling the trigger. Get the best rates, get something you can afford, and enjoy your new home!</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>David Williams is the owner of the <a href="http://www.denverhomemortgageloans.com/">Denver Home Mortgage</a> site, devoted to helping you find the <a href="http://www.denverhomemortgageloans.com/mortgage-brokers/denver-mortgage-brokers">mortgage brokers in Denver</a> and more. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-8141240957111469412009-03-03T07:23:00.001-08:002009-03-03T07:23:28.791-08:00Legal Rights of Beneficiaries<div style='font-style:italic;' class='uawbyline'>By Janet X</div><br /><div class='uawarticle'>Historically, it has been thought that a Beneficiary's right to information stemmed from whether they were a Fixed or a Discretionary Beneficiary.<br /> <br /> Fixed Beneficiaries had an entitlement to Trust assets pursuant to the Trust Deed provisions. Therefore, it was argued they had an entitlement to view Trust documents and to receive disclosure of Trust information.<br /> <br /> Discretionary beneficiaries on the other hand had no entitled to Trust assets. All they possessed was a right to be considered by the Trustees when the Trustees exercised their discretion with respect to the paying out of capital, income and /or the allocation of assets. <br /> <br /> Accordingly, it was supposed Discretionary Beneficiaries had no power to demand to see Trust information or to view Trust documents.<br /> <br /> Recent case law has now clarified the basis on which a Discretionary Beneficiary may seek disclosure of Trust documents and this has nothing whatsoever to do with whether they are a Fixed or a Discretionary Beneficiary. Rather, the approach has been to apply to the Court's on the basis that the Court has an inherent jurisdiction to administer Trusts.<br /> <br /> Using this approach, the Courts have said that they possess inherent jurisdiction to supervise and if necessary, to administer Trusts. Beneficiaries of both classes have a right to approach the Courts to seek discourse of a Trust's documents and it will be for the Courts to determine whether they will exercise their inherent jurisdiction or not. <br /> <br /> This of course means that the right of a Beneficiary to view Trust documents is at the discretion of the Courts. <br /> <br /> The Courts have said that when they are considering exercising their discretion they will be mindful that they are engaging in a balancing exercise, balancing the competing interests of different parties (eg: trustees and beneficiaries and third parties) and will take into account various issues including personal and commercial confidentiality, parties privacy, consequences of disclosure, etc. <br /> <br /> The Courts have also noted that they will be mindful that Trustees are not obliged to disclose to Beneficiaries their reasons for exercising their discretionary powers. This is important as it could have an impact on what documentation is released to a Beneficiary to view.<br /> <br /> In some circumstances the Courts have pronounced, disclosure may be limited and safeguards may have to be put into place.<br /> <br /> Types of Information Beneficiaries Entitled to View<br /> <br /> Types of information that Courts have approved for disclosure include:<br /> <br /> Deeds of Trust; Deeds of Variation of Trust Deed provisions; Deeds of Changing of Trustees; Deeds of Resettlement; Legal opinions relating to the interpretation of a Trust Deed's provisions; Legal opinions with respect to a Beneficiary's rights; Valuations of assets of the Trust; Financial accounts of the Trust.<br /> <br /> This is some information that Beneficiaries are not entitled to see. For example, the Courts have ruled beneficiaries are not entitled to view letters and notes from Settlors, Memorandum of Wishes, Trustees reasons for decisions made and motives of Trustees.<br /> <br /> Beneficiaries Rights to Demand and Receive Payment<br /> <br /> Because the Trust's financial statements may be viewed by a Beneficiary under a Court Order, it is important to deal with allocation of income each and every year. <br /> <br /> Any income that has been allocated to a Beneficiary and shown as such in the financial statements, may be called by that Beneficiary to be paid to them upon them becoming adults. <br /> <br /> Accordingly, only income that is to be spent on them should be allocated to them in the financial accounts. Failure to allocate income in this manner may result in a Beneficiary requiring a Trustee to pay them the surplus income that appears as a credit in their Beneficiary account shown in the financial accounts of the Trust.<br /> <br /> The best way to avoid any type of disagreement is communication. If full communication is made with a Beneficiary, whether they are a Fixed or a Discretionary Beneficiary, then there will be no mystery or reason for distrust to arise. Whilst Trustees are not legally required to show Beneficiaries all Trust documents, it is in our view, sensible to be clear and honest with Beneficiaries when they ask about a Trust's affairs. Failure to do so will simply create suspicion and exacerbate tension.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Janet Xuccoa BCom LLB, is a director from Gillgan Rowe + Associates. She is a recognised <a href="http://www.familytrusts.co.nz/">Family Trust</a> and LAQC expert in New Zealand where she leads the Trusts and Estate Planning division. Want to protect your assets and grow your wealth? Get your Free <a href="http://www.familytrusts.co.nz/family-trusts-report/">Family Trust Report: </a> "The 9 Deadly Sins of Setting Up a Family Trust </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-39418483932125709372009-03-03T06:52:00.001-08:002009-03-03T06:52:34.880-08:00How much do you Owe in Student Loans<div style='font-style:italic;' class='uawbyline'>By Steven R. Brooks</div><br /><div class='uawarticle'>College is not cheap. In fact, the cost just seems to keep going up and up. Very few people can actually pay for the entire cost of college out of pocket. Students look to financial aide, grants, scholarships, and loans to pay for college. Student loans are one of the most common ways to pay for college and most college students graduate with student loan debt.<br /> <br /> How much do you owe in student loans? Your first choice in student loans should always be the government. They offer the Stafford Loan and others often with a better interest rate then if you looked for money in other places. Also, if you are in more financial need, you can get a subsidized Stafford Loan. This means that the government will pay the interest on your loan until six months after you graduate. <br /> <br /> After government loans, you can look for student loan services, get a personal loan, take out a second mortgage, or use credit cards. I would recommend against the second mortgage or credit cards. If you are desperate enough to take out a second mortgage, you should look for a cheaper school. <br /> <br /> Another way to save for college is to go to a cheaper school. Most cheaper schools are state schools. Don't think that cheap means lower quality. They only cost less because the also get money from the government. Many state schools are even better than a lot of more expensive private schools.<br /> <br /> How can you use less loans? The best way to minimize student loan debt is by by not taking out loans in the first place. Unless you are a super genius and feel you must go to an Ivy League school, go to one of the top state schools and save a lot of money.<br /> <br /> You can save even more money if you go to a community college for two years first and then transfer to a state school. State schools are cheap, but community colleges (which are state schools too, but they are only two years as opposed to four) are often have the price.<br /> <br /> You can also save a lot of money by commuting to school. You might find that living in residence halls or dorms isn't all they are cracked up to be anyway. Commuting can save you a lot, especially if you live close by and don't have to pay much gas.<br /> <br /> Another way to help pay for college is to get a job. Get a part time job during school to at least pay for all your daily expenses and books. If you are a good saver, you can even stash some away for tuition.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Trying to find <a href="http://consolidatingyourstudentloans.info/best-college-loans/">the best college loans</a>? Avoid <a href="http://consolidatingyourstudentloans.info/student-loans-for-people-with-bad-credit/">college loan repayment plans</a> and try to pay as much for school as possible without loans. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-32459385844541108382009-03-03T04:09:00.001-08:002009-03-03T04:09:22.416-08:00Unlocked Cell Phones the Best<div style='font-style:italic;' class='uawbyline'>By Barney Rupple</div><br /><div class='uawarticle'>One of the biggest technology pieces these days seem to be the cell phone. There are so many different brands and the unlocked cell phones are not only very popular but they are popping up everywhere! Now, you may be wondering exactly what an unlocked cell phone is, well, you can basically use an unlocked phone on any network or you can use it as a prepaid or pay as you go phone, which many people love. <br /> <br /> It is pretty obvious that cell phones are not going anywhere and there are always going to be cell phone companies. Let's say that you have one of the coolest, technology-advanced phones on the market, but unfortunately, you can not use it on your current provider, instead of switching, get your phone unlocked! <br /> <br /> You may not understand why this whole prospect is so unfair. However, just imagine that your current network would not let you leave them and take your phone with you. What if you had to get an entirely new phone? You lose everything on yours. Your ring tones will be gone, along with phone numbers, address, contact information, videos, and pictures. How is that fair?<br /> <br /> A lot of networks do not care about fairness. They want you to keep them as a service provider, whether you want to or not. They want you to think you will have to give up your phone if you want to get out of your contract or if you make the decision not to renew it. This does not always have to be the reality though. You do not have to use your phone on any given network, just because they say you do.<br /> <br /> Now-a-day, there are a few ways around the network problem and that is simply unlocking your phone! You can either download some phone unlocking software or there are many different companies that can now unlock your phone. <br /> <br /> It is not really fair, after all, for anyone to determine which network you use. In point of fact, it is all done for money. Servicing provider networks get very lucrative deals when they make plans with cell phone manufacturers. They make a lot of money that way. Plus, they ensure that people who want to use a certain cell phone, that they are forced to use that network.<br /> <br /> There are tons of different ways that you can use your unlocked phone, whether you choose to sign up with a new service provider, use the one that you were on before or if you want to use your cell phone as a prepaid phone you can! You just want to make sure that you find the plan that fits you. <br /> <br /> While unlocked cell phones are certainly extremely popular, there are many, many people who simply have no idea that they can get their phones unlocked and that makes them a victim of having to stay with the same cell phone company just because they like their phones. No one should have to do that, after all, we should be able to choose our cell phone provider and that is exactly what unlocking phones does for us!</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Are you looking for <a href=" http://cell-phone.online-buy.org/category/cell-phone/"> cell phones </a>? Look for today's specials. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-66310748455824160072009-03-02T22:59:00.000-08:002009-03-02T23:00:30.946-08:00Use A Retirement Calculator Before You Start Saving<div style='font-style:italic;' class='uawbyline'>By David C Lewis, RFA</div><br /><div class='uawarticle'>If you are making <a href="http://www.twintierfinancial.com/the_uncommon_cents/2008/05/retirement.html">large 401k contributions</a>, then you may want to start using a retirement calculator before you put any more money away for your future.<br /> <br /> Before you start planning for your retirement, you will want to use a retirement calculator. These handy tools are all over the Internet and can help you come up with some realistic numbers so that you are not "shooting darts at a dart board" trying to guess how much you will need for your future.<br /> <br /> Financial calculators (re: retirement calculators) can often give you a basic overview of what you will need for retirement. Unfortunately, they do not always give you the specific details you need, like how to adjust for changing interest rates and taxes.<br /> <br /> You may want to try to tackle a more sophisticated piece of software. That's not the answer you want to hear, but you might be happier knowing the truth. The alternative to plan properly could bankrupt you in your old age. <br /> <br /> One of the things that your retirement calculations should try to adjust for is the effect of taxes and withdrawals during retirement. This can be very difficult and in many instances almost impossible. Try your best. At worst case, you can assume that taxes will not decrease over time.<br /> <br /> Most people realize this, implicitly. Taxes, like death, are said to be unavoidable. Whether or not you believe this, it is probably a good idea to make them part of your financial plan. Consider whether you would value a smaller lump sum of money that is tax free (like a Roth IRA) or if you would rather have a slightly larger nest egg that is 100% taxable (like a traditional IRA).</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Get more information about <a href="http://www.twintierfinancial.com/financial_planning/financial_planning_in_NY.html">financial planning essentials</a>. For more information, please visit www.twintierfinancial.com. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-43694440211872267132009-03-02T18:00:00.001-08:002009-03-02T18:00:26.379-08:00New Foreclosure Laws Take Effect September 6, 2008!<div style='font-style:italic;' class='uawbyline'>By John Krol</div><br /><div class='uawarticle'>http://blog.Ira-401k-realestate.com<br /> <br /> Foreclosure Defense, Foreclosure News, Foreclosure Process, Mortgage Issues, Mortgage Servicer Abuses On September 6, 2008, most foreclosures in California will need to be conducted under the new requirements of California Civil Code 2923.5. This new code provision applies to loans made from January 1, 2003, to December 31, 2007, inclusive, that are secured by residential real property and are for owner-occupied residences.<br /> <br /> Essentially, this law is aimed to stop the widespread foreclosures across the State of California by requiring Lenders to attempt workouts and modifications of existing mortgages. Failure of a lender to make such attempts could result in that lender's inability to foreclose.<br /> <br /> Prior to this new law, the non-judicial foreclosure process in California was relatively simple. Once the debtor went into default, the lender recorded and noticed a "notice of default," waited 90 days, recorded and noticed a "notice of sale," waited 3 weeks, and then sold the property at auction. The foreclosure process was technically less than 4 months long without any court intervention.<br /> <br /> Under the new law going into effect on September 6, 2008, a lender can not even get to the very first step of recording a notice of default until 30 days transpire from when it either first contacts the debtor(by phone or in person, and a message on the answering machine will not suffice) to explore options to avoid foreclosure, or, 30 days after it satisfies the "due diligence" requirements. <br /> <br /> Moreover, once these requirements are met, the notice of default will still not be effective, unless the notice of default also includes "a declaration from the mortgagee, beneficiary, or authorized agent that it has contacted the borrower, tried with due diligence to contact the borrower as required by this section, or the borrower has surrendered the property to the mortgagee, trustee, beneficiary, or authorized agent."<br /> <br /> http://usaLoan-modification-colorado.com<br /> <br /> </div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>http://usaLoan-modification-realestate-colorado.com </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-1412649877726540592009-03-02T14:35:00.001-08:002009-03-02T14:35:38.425-08:00Choosing Good Student Credit Cards<div style='font-style:italic;' class='uawbyline'>By Dennis Durrel</div><br /><div class='uawarticle'>There are lots of of hazards connected with <a href="http://www.studentcreditcard-s.com"><b>Student Credit Cards</b></a>. privates who go in for this kind of credit card often obtain themselves in debt for quite a few years into their existing. <br /> <br /> It is difficult to work and attend college at the same time, and many will use these student credit cards to simply live. These should be used for education and necessity only. <br /> <br /> It has been located that when someone gets a large amount of debt, it capable conduct to harsh short time of depression. <br /> <br /> In turn, the main college presentation could be rigorously hindered. when this is negative in world, there are other hazards connected with student credit cards as well! <br /> <br /> If you get a student credit card, you are likely to go into the financial agreement with a relatively low interest rate. You should know, however, that these can immediately jump up to higher rates after holding the student credit cards for a couple of months or more! <br /> <br /> These are often referred to as "teaser rates" to acquire you to sign up If you waste a large number on your credit card plus as well as are unable to pay for the minimum monthly requisite you are likely to obtain a comparatively huge price and acquire told to credit groups by the corporation that issued the student credit cards. Before registering for one of these, be assured to investigate the a lot of hazards!</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>About Author: <a href="http://www.studentcreditcard-s.com"><b>Studentcreditcard-s.com</b></a>. Student credit cards are very appealing to college students. However, there are many dangers associated with these types of cards. Check out this informative guide to learn a few of the dangers. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-3679726722416103352009-03-02T14:23:00.000-08:002009-03-02T14:24:01.514-08:00Affects of Bad Credit<div style='font-style:italic;' class='uawbyline'>By Karen M. T. Stone</div><br /><div class='uawarticle'>So many people grow up knowing nothing about money management. They were never taught from their parents who were probably never taught themselves. The problems this causes can ruin the life of anyone who is affected. How so?<br /> <br /> Those who are financially illiterate spend money without a thought. They spend and spend on mindless things they don't need without thinking about the consequences. This usually leads to credit cards. <br /> <br /> When shopaholics get their hands on a credit card, bad things happen. They charge everything to it and only pay the minimum payment. This leads to interest and all the debt begins to pile up. Soon they are unable to even make the minimum payment. This can lead to thousands of dollars in debt and possibly bankruptcy.<br /> <br /> This situation or even much less severe situations will always lead to a bad credit history. You probably have heard that bad credit is not where you want to be. This is absolutely true. When you don't pay back money you borrowed with a promise to pay, you feel the consequences.<br /> <br /> You don't get a slap on the wrist when you miss a payment, but it is likely to affect you poorly in the future. If you have bad credit history and a bad credit score, the next time you go to apply for a loan, it will be very hard if not, impossible. Lenders will not lend you money if you have very bad credit, and if they do, you will be charged a very high interest rate. <br /> <br /> When someone decides to lend you money, they are taking a risk. They can never know for sure that you will pay it back. This is why they look at credit. If you have absolutely no credit, you probably won't be able to get a big loan such as a mortgage without a cosigner. <br /> <br /> A cosigner is someone who can really help you out. If you have no credit, you can find someone who has good credit. If they are willing to, they will cosign with you and you will be able to get the loan based on their credit. If you get the loan and you stop paying, the cosigner will have to pay or else their credit will be damaged. This is why it is not easy to find a cosigner, especially if you have bad credit.<br /> <br /> If you are having trouble paying your bills and you don't want to hurt your credit, you need to take action to ensure you always pay everything. Make a budget and cut back on your expenses. If it is really bad, move into a smaller living space that costs less or move back in with your parents if you have to. Bad credit and heavy debt is not where you want to be. You have to correct it now in order to ensure a bright future.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Do you want to <a href="http://absolutelyfreecreditreport.info/how-to-raise-your-credit-score/">raise your bad credit score</a>? Find more information and ways to <a href="http://absolutelyfreecreditreport.info/what-happens-when-you-fix-your-credit/">fix your bad credit</a> so that you can get loans only when you really need them. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-8301290478736570222009-03-02T14:02:00.001-08:002009-03-02T14:02:12.242-08:00How much do you Owe in Student Loans<div style='font-style:italic;' class='uawbyline'>By Steven R. Brooks</div><br /><div class='uawarticle'>When you go to college, you will have to pay a pretty penny. College costs seem to go nowhere but up, and not everyone is able to afford them. In fact, most people aren't able to afford college without some type of assistance. This assistance could be college savings, scholarships, financial aid, loans, or a combination of them all. Loans are a very popular type of aid for college. Most students graduate with student loans.<br /> <br /> How much are your student loans worth? Did you graduate with a lot of debt? When you went looking for loans, the first loan you got was probably the government Stafford Loan because of the low rate. If you have financial need, you can get the Subsidized Stafford Loan which allows you to not pay interest on it while you are in college.<br /> <br /> Besides government loans, there are other lending options. You can go through a student loan service, get a personal loan, have your parents get a loan, take out a second mortgage, or use credit cards. I suggest that you don't take out a second mortgage and that you NEVER use a credit card to pay for college.<br /> <br /> You may want to look into going to a cheaper school. Cheaper schools are usually state colleges and only cost less because the government pays for part of it. Often state schools are actually better than many more expensive private schools. <br /> <br /> How can you use less loans? The best way to minimize student loan debt is by by not taking out loans in the first place. Unless you are a super genius and feel you must go to an Ivy League school, go to one of the top state schools and save a lot of money.<br /> <br /> You can save even more money if you go to a community college first then transfer. Community colleges are even cheaper and you'll also save money on room and board because you'll be commuting.<br /> <br /> You can also save a lot of money by commuting to school. You might find that living in residence halls or dorms isn't all they are cracked up to be anyway. Commuting can save you a lot, especially if you live close by and don't have to pay much gas.<br /> <br /> A final way to pay for college is to work. Get a part time job during the semester and work full time over break to save the most money possible.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Want to find the <a href="http://consolidatingyourstudentloans.info/best-college-loans/">best college loans around</a>? Avoid <a href="http://consolidatingyourstudentloans.info/student-loans-for-people-with-bad-credit/">expensive college loan repayment plans</a> and try to pay as much for school as possible without loans. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-47219852841709190892009-03-02T13:30:00.001-08:002009-03-02T13:30:28.077-08:00Private Equity Investing.<div style='font-style:italic;' class='uawbyline'>By John krol</div><br /><div class='uawarticle'>Boomers Bank In investment finance, private equity real estate is an asset class consisting of equity and debt investments in property. Investments typically involve an active management strategy ranging from moderate reposition or releasing of properties to development or extensive redevelopment. Investments are typically made via private equity real estate fund, a collective investment scheme, which pools capital from investors. These funds typically have ten-year life span consisting of a 2-3 year investment period during which properties are acquired and a holding period during which active asset management will be carried out and the properties will be sold.<br /> <br /> History and evolution There is a long history of institutional investment in real estate both through direct ownership of property and through pooled investment funds. Initially institutional real estate investments were in core real estate, however, market conditions in the early 1990s led to the emergence of opportunistic funds which aimed to take advantage of falling property prices to acquire assets at significant discounts.[1] Private equity real estate emerged as an independent asset class in the beginning of the 21st century and has experienced huge growth in recent years. Strategies Private equity real estate funds generally follow core-plus, value added, or opportunistic strategies when making investments. <br /> <br /> Core Plus: This is a moderate risk/moderate return strategy. The fund will generally invest in core properties, however some of these properties will require some form of enhancement or value-added element. Value Added: This is a medium-to-high risk/medium-to-high return strategy. It will involve buying a property, improving it in some way, and selling it at an opportune time for a gain. Properties are considered value added when they exhibit management or operational problems, require physical improvement, and/or suffer from capital constraints. <br /> <br /> Opportunistic: This is a high risk/high return strategy. The properties will require a high degree of enhancement. This strategy may also involve investments in development, raw land, and niche property sectors. Investments are tactical. Features Considerations for investing in private equity real estate funds relative to other forms of investment <br /> <br /> Include: Substantial entry costs, with most funds requiring significant initial investment (usually upwards of $1,000,000) plus further investment for the first few years of the fund. Investments in limited partnership interests (which is the dominant legal form of private equity real estate funds) are referred to as "illiquid" investment's, which should earn a premium over traditional securities, such as stocks and bonds. Once invested, it is very difficult to gain access to your money, as it is locked-up in long-term investments, which can last for as long as twelve years. Distributions are made only as investments are converted to cash; limited partners typically have no right to demand that sales be made. If a private equity real estate firm can't find suitable investment opportunities, it will not draw on an investor's commitment. Given the risks associated with private equity real estate investments, an investor can lose all of its investment if the fund performs badly. <br /> <br /> For the above-mentioned reasons, private equity fund investment is for those who can afford to have their capital locked in for long periods of time and who are able to risk losing significant amounts of money. This is balanced by the potential benefits of annual returns, which are often above 20% for successful opportunistic funds. Investors in private equity real estate funds tend, therefore, to be institutional investors or high net worth individuals. <br /> <br /> Size of Industry <br /> <br /> The popularity of private equity real estate funds has grown since 2000 as an increasing number of investors commit more capital to the asset class. In 2000 private equity real estate funds raised $12 billion in equity commitments from investors. By 2005 this had increased to $58 billion and in 2007 private equity real estate funds raised a total of $79 billion. Private Equity Real Estate is a global asset class and in 2007, 46% of capital raised was focused on the US, 26% was focused on Europe and 27% was targeting Asia and the rest of the world. By providing online real time services one on one client attention is always in mind. <br /> <br /> There is a requirement for needed experience to switch to self-directed retirement plans; The investment Group can help investors chart a new - and potentially more profitable - course for their retirement years. <br /> <br /> The investment Group that finds sound investments for self-directed Individual Retirement Arrangements (IRAs), KEOGHs, and SEPs fund inreal estate trust deeds note opportunities in limited partnerships. <br /> <br /> The investment Group who is on top of changes in the fields of IRAs and investing - the principals were among the first to tackle the Roth IRA and the effects it had and is having on IRA -401k investing. Finding Investments for YouThe investment Group, Inc.'s primary service is finding and analyzing real estate-related investments for purchase by our clients. <br /> <br /> We are investment real estate brokers and have been in business doing this since 2002. In 2002 we started working with IRA clients to assist them in finding appropriate investments in the real estate arena. <br /> <br /> Investment Group's find these assets by their network of investment real estate brokers throughout the U.S. (a network built through the Real Estate Cyber Space Society). They meet with these investment brokers online daily. These networking arrangements are with 11,000 brokers; take place in Cyber Space in real time. By being an active member of the Real Estate Cyber Space Society we can satisfy their clients' investment needs no matter how diverse.<br /> <br /> The Groups clients give direction on what it is they would like to purchase; when the Group finds it they do a complete analysis of the investment and forward their due diligence to the respective clients. The client can review the information, take it to any other advisors they have and make a decision. If they wish to purchase the product the Group will go forward with the acquisition. If not, the Group finds another investment property for the clients review. <br /> <br /> On occasion their clients have requested that they pay their fee's on real estate acquisitions and then work as a buyer's broker. As a free service to their IRA clients who use their investment services, the Group assist them in finding the correct custodian to service their account. Not all custodians are the same and it is vitally important to choose the right one the first time. In Today's world, to make things happen now, we need to be in Real Time Mode for your Clients</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>http://www.ira-401k-realestate.com/IYF-Video-Opt-In/ </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-35524245650425252822009-03-02T13:22:00.001-08:002009-03-02T13:22:50.723-08:00Introduction to Bad Credit Lender<div style='font-style:italic;' class='uawbyline'>By Patter Mann</div><br /><div class='uawarticle'>Problem with your debts? Need a loan of just a thousand to pay them off? Do you need the money as soon as possible but your payday still very far off? Having a credit rating of 580 and lower? <br /> <br /> If you have one of more of the above problems, the answer to your issue is hire a <b>bad credit lender</b>. Fortunately, you will see loans available for people with bad credit. Just give a call to the banks or lending houses and you may be surprised to hear how many of them actually offers them. <br /> <br /> As with any loans, bad credit loans have a catch. See, the loans are given to people who have bad credit ratings with higher chances of default payment, it is not surprising to see that their interest is higher than what the normal banks would give. <br /> <br /> So do you really need a loan? If so, here are some tips you have to consider:<br /> <br /> 1. You need to check several institutions before you sign up for one credit lender service. Look for the offer that is best for you.<br /> <br /> 2. Study the repayment terms, can you pay them in time? Consider twice. The terms for loan can be enticing but if that loan cannot be settled with your monthly pay, consider again.<br /> <br /> 3. Any hidden fees that you do not know? Ask and find out any fees like transaction fees and agent fees.<br /> <br /> 4. Do you understand all the terms and conditions of the loan? If not, get a loan agent to explain to you again and make sure that you understand. <br /> <br /> Obtaining a loan can be tough, especially for a person with bad credit. Rest assured that a number of local banks want to give you the loan you need. It is important to know which lenders are truly genuine in helping you without getting you into more debts. Remember, bad credit lender can be a solution.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Need just a $1000 more to pay off your loan? If you need the loan, get a <a href='http://www.badcreditbin.com'>Bad Credit Lender</a> as they can get you the loan that you want. Visit our website for more information. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-58658490867648208172009-03-02T12:10:00.001-08:002009-03-02T12:10:24.518-08:00Roth IRA or Traditional IRA?<div style='font-style:italic;' class='uawbyline'>By Jack Jones</div><br /><div class='uawarticle'>A Roth IRA is a personal retirement fund started in 1997 to help encourage people to plan for their own retirement instead of relying on the social security system.<br /> <br /> The Roth IRA shares many things in common with a traditional IRA. But there are a few main differences that you should be aware of when deciding which one is right for planning your retirement. Here are a few of them.<br /> <br /> One of the main differences that comes to mind is that the traditional IRA is tax deductible. You are allowed to deduct the amount contributed to the fund for that year from your income when filing taxes. But the Roth IRA is not allowed as a tax deduction.<br /> <br /> A traditional IRA allows for a few penalty free withdrawals, but they have very strict rules and can only be taken advantage of in very specific circumstances. This is a bit frustrating because you can not access your earnings until you retire.<br /> <br /> The Roth IRA is much more loose with the withdrawal allowances. After five years you are allowed to withdraw the funds contributed.<br /> <br /> The looseness of the Roth IRA has led some to use it as an emergency account for unexpected costs. After the 5 years, you can use it for emergencies and if there are none then you have a good start toward retirement.<br /> <br /> It is important to pay attention to your personal circumstances befpre diciding how to plan for your retirement.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Find the best <a href="http://www.rothirarates.org">Roth IRA rates</a> </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-38819070690725372672009-03-02T11:36:00.001-08:002009-03-02T11:36:22.443-08:00Loan modifications we can help Read on------<div style='font-style:italic;' class='uawbyline'>By John Krol</div><br /><div class='uawarticle'>http://www.usaloan-modification-colorado.com/<br /> <br /> creditor relationship that was the key to our debt driven economy. Loan modification are in essense deflationary. Loan modifications are the best solution for you and your lender. Nobody wins these days in foreclosure. Loan Modifications free download Modification.org is an industry leader for mortgage modifications and loss mitigation. At Modification.org, our team of trained attorneys is dedicated to helping serve homeowners who have encountered unpredictable situations, which may have resulted in the inability to pay their mortgage in a timely manner.<br /> <br /> Loan Modifications with rates as low as 1 - 3 % fixed are now possible. Have you had a hard ship that has caused you to fall behind on your home payments such as an ARM adjusting or loss of income? Loan modifications continued to grow more quickly than other loss mitigation strategies, as banks and thrifts worked with borrowers to keep them in their homes, while minimizing losses. Nationally the number of new loan modifications increased 16 percent in the third quarter to more than 133,000. Loan modifications typically involve a reduction in the interest rate on the loan, an extension of the length of the term of the loan, a different type of loan or any combination of the three. A lender might be open to modifying a loan because the cost of doing so is less than the cost of default.<br /> <br /> Loan modifications are much more than simply filling in forms. I think it's fairly likely it would be unauthorized practice in Washington. Loan modifications will need to account for this growing problem. If small business is left to fend for itself, the impact may far exceed the sub-prime crisis and provide a tsunami that none of us want to witness.<br /> <br /> http://www.usaloan-modification-colorado.com/</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>USA-Loan-Modification </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-66371762231454638802009-03-02T11:22:00.001-08:002009-03-02T11:22:32.116-08:00Top Reasons to Get a Fixed Mortgage<div style='font-style:italic;' class='uawbyline'>By Mortgage Wizard</div><br /><div class='uawarticle'>Of all the loan products that are available here are a few tips (possibly opinionated tips) on what loans you should be looking at for your new home or refinance. <br /> <br /> Security: Let it be a lesson for us who have bought a home with money down and got into an adjustable rate mortgage that was fixed for a teaser period of 3 to 7 years. There are no guarantees in life and especially right now in the real estate market. Many homeowners home values have plummeted and left them with loans that will adjust and leave them unable to refinance into another fixed loan. Like I have said before your mortgage will most likely be the biggest financial obligation of your lifetime. Play it safe!<br /> <br /> Cheap Money: If you got into an adjustable rate loan with a teaser fixed portion in the last decade you were probably enticed by the significantly lower rate that what was being offered on fixed rate loans. The current market is offering fixed rate loans as cheap and cheaper than adjustable rate loans. Also, rates are great right now. <br /> <br /> Protection Against Market Swings: Even if your plan is to stay in the house for 5 years when you get your loan by getting something fixed that you can afford you have a built in safety net if things change 4 or 5 years later and you need to keep you current loan. We all hope that we have the foresight to see the trends in the real estate market but sometimes things happen that are out of our control so it is better to just be safe from the beginning. <br /> <br /> Paying Off Your Mortgage Balance: Remember the days when people actually paid off their loans?!? The way they did was by getting an affordable fixed rate loan on a mortgage amount that was in their comfort zone and holding on to the loan until they paid it off. I have said this before but I feel compelled to reminder people; mortgage interest is frontloaded. This simply means that the mortgage lender piles the majority of the interest on your loan onto the first few years of your payment. Interest is NOT spread out evenly over the life of the loan. Here is a simple example. If you have a $2000 mortgage payment in your 1st payment about $1980 dollars will be applied towards interest. On your last payment $1980 will be applied towards your principal balance. The moral of the story is to get into a fixed loan so you only pay the first few years of interest heavy payments once. If you keep getting short term ARMs and refinancing you are starting all over every time you do that.<br /> <br /> There are a few independent instances when a fixed rate mortgage may not be the best option for you. Those instances are very few and far between so sticking with this mindset when you are investing in real estate will cover you in any market situation. <br /> <br /> Good luck with your home financing!</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>The <a href="http://www.iffgdirect.com">Mortgage Wizard</a> writes informative articles about the mortgage industry to give you tips on financing. Check out some mortgage companies to find out about today's <a href="http://www.iffgdirect.com">fixed rate mortgages</a>. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-18830871270524792102009-03-02T08:03:00.001-08:002009-03-02T08:03:12.250-08:00The Truth About Payday Loans<div style='font-style:italic;' class='uawbyline'>By Gerald Fox</div><br /><div class='uawarticle'>We've all had it. Some unexpected expense comes up, like a broken washer or a broken car, and you have no idea where to get the money to fix the problem. You can choose to put it on your credit card, if it's not maxed out already. This would mean you pay it off over time, with added interest. You can also consider a payday loan.<br /> <br /> A payday loan is a small loan, typically in the $ 100 to $ 500 range. It has high interest, especially when you fail to pay it off on time. As with any loan, the payback loan has it's pluses and minuses. But if you're looking for options to get some quick cash, the benefits may outweigh the disadvantages.<br /> <br /> If you need some quick cash, a payday loan is one way of getting it. For many people, it beats the alternative of having to loan money from friends or relatives. With the added advantage that you don't have to put your friends and relatives in a tight spot when you ask them for money. <br /> <br /> If you have bad credit, or you're a little worried about your credit score, the payday loan offers another advantage. You don't have to go through the usual credit check. This speeds up the process immensely, making it possible to have the money within a day.<br /> <br /> If you have short term cash problems, and you're sure you can pay the payday loan back in time, this is a good alternative for you. But if you're not sure about your next paycheck, don't apply for a payday loan. Because you will be looking at some huge interest costs if you don't pay back in time. <br /> <br /> Payday loans can be extended, also knows as a 'roll-over'. If you roll over a couple times, you will be looking at interest rates high in the double digits. Pretty steep interest. That's why you always pay close attention to the payback date and make sure, upfront, you can pay it back within time.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Gerald writes about payday loans and other short term finance options. He also writes in Dutch about <a href="http://www.woninginformatiecentrum.nl/mini-lening-zonder-bkr/">mini lening</a> and <a href="http://www.woninginformatiecentrum.nl/minilening/">minilening rente</a>. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-17050230557097997512009-03-02T07:58:00.001-08:002009-03-02T07:58:12.772-08:00Managing Your Student Loans Through Consolidation<div style='font-style:italic;' class='uawbyline'>By Darren Cason</div><br /><div class='uawarticle'>Paying interest on several student loans every month, worrying about the upcoming payback on those loans, or seeing that your credit is lower now that you have all those loans on it from school is not a fun thing. It's something that many people, fresh out of college, have to worry about, though. Thankfully, there is a solution in student loan consolidation. This solution has many benefits.<br /> <br /> One of these benefits is usually lower monthly payments, since you only pay fees to one institution and since it's usually at a lower interest rate and a better payment schedule. Student loans (and consolidations) are regulated and guaranteed by the government, so they have specific interest rates they must offer and specific payback schedules to use. When you apply for student loan consolidation, they usually consider your credit score without the interference of the current student loans, which means your score will be higher and get you a better rate too. <br /> <br /> Other benefits can include electronic or automatic payment deductions from your checking or savings accounts, so you won't forget a payment and you'll usually qualify for a discount on your interest rate too. <br /> <br /> In addition, if you haven't yet made a payment on your loans because you're still in your deferment (or grace) period on them, you can probably qualify for better student loan consolidation options than otherwise available. These can include better rates, easier processing of the loan, or even an increase in grace period before your first payment is due. <br /> <br /> Often, the <a href="http://www.debtjerk.com/debt-consolidation-loans.html">loans</a> you received while you were in school are at higher interest rates than you'd get otherwise because the financial institution wanted to get the higher rate and you or your admissions counselor just wanted to get the tuition paid for. Now that you're looking at those payments, you're probably regretting those decisions, most especially if you are experiencing a poor credit situation. But there is hope and usually consolidation loans have lower interest rates than what you were given when you applied for the loans to start with.<br /> <br /> Because of the government involvement in the rules and regulations of student loans, you could qualify for more options like lower rates, discounts, or even payoffs from grants and more. <br /> <br /> So look at what you can gain by getting a student loan consolidation and reducing your payments, interest rates, and more, so you can focus on your new life now that college is over. Student loan consolidations are a quick way to get peace of mind, allowing you to focus on the new life ahead of you.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>There is much more to explore on the subject of <a href="http://www.debtjerk.com/debt-consolidation-loans.html">poor credit consolidation loans</a>. Visit us at http://www.debtjerk.com/debt-consolidation-loans.html. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-88303074749920037862009-03-02T06:21:00.001-08:002009-03-02T06:21:18.469-08:00Stock Market Investing for Beginners<div style='font-style:italic;' class='uawbyline'>By Deez</div><br /><div class='uawarticle'>Even as the economy is getting worse and worse, there is no certain time that a person should decide on when deciding to start investing. There is also no particular product that you start investing your time and money in. The best thing you can do it so look at all your investing options that are offered and choose the one that works with your budget the best. The number one thing a person looking to getting started in investing could do is to first learn the stock market investing basics and get as much information as possible from different very well known sources.<br /> <br /> The longer you spend in investing, the more you will come to know about the ins and out of investing. Beginner stock market investing is listed on tons of great website's that can help you along the way. Starting simple is one of the best things a person can do with their money when investing. It is a good idea to start investing in smaller funds first and then expand when you feel comfortable. Before investing in the stock exchange, you need to be aware that there are so many distinct avenues to acquire so make sure to choose the right one for you.<br /> <br /> The first thing that a beginner in stock market investing should do would be to sit down and figure out what your investment goals are - be it big or small. Some questions that you may want to ask yourself are:<br /> <br /> - Are you going to be investing in the short term or the medium term?<br /> <br /> - Are you looking to invest for your retirement?<br /> <br /> - Are you investing money that you want to get before retirement?<br /> <br /> - Are you saving up for your children's college?<br /> <br /> Those are just a few questions a person may want to ask themselves before diving right in. There are also many different types of investment accounts that you may want to start investing your money is when starting such as:<br /> <br /> - Certificates deposit<br /> <br /> - Discount Brokerage <br /> <br /> - Brokerage - Full Service<br /> <br /> - 401K / 403B <br /> <br /> - Traditional IRA <br /> <br /> - Roth IRA <br /> <br /> - Coverdell IRA<br /> <br /> - 529 plans<br /> <br /> Again those are only a sampling of what is out there for investing purposes. Be sure to take a closer look at all options before beginning your investments.<br /> <br /> Once your investment accounts are open and you have put your money in, it is time to set off on the investing process. Some great investing tips that you may want to follow would be to:<br /> <br /> 1. Select the areas you want to invest in.<br /> <br /> 2. You will want to choose your asset class to invest in. Such as money market accounts or even CDs.<br /> <br /> Once you have pegged down how you desire to invest then it is time to choose the actual investments. To make you the most money possible, make sure to shop around for the best rates on your CDs. To see which firm is offering the best deals, try visiting banks or brokerages before you start investing. <br /> <br /> The most popular investment today is to trade stocks. Starting with mutual funds is always a great idea for investment beginners. As you near retirement age, you should begin to look into investing in Bond Funds. You can use them if you are young, but they are usually used by the older generations.<br /> <br /> Taking the time to sit down and learn the most things about investing with benefit and make you more money than just jumping right in. It is extremely critical to remember that the stock market is very risky and there is no guarantee that you will make any money. Just know that loosing what you invest in is very possible. <br /> <br /> You may desire to talk with a few securities firms or banks before you invest if you are a <b>stock market investing novice</b>. If you need help just ask - they all have people who would be willing to help you. The investment market can be a very rewarding thing just take time to learn as much as possible so you will be sure to do good from it in the end.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Qwoter offers free <a href="http://www.qwoter.com">investment tips</a> and stock market advice. It doesn't matter if you are just learning the stock market <a href="http://www.qwoter.com/college/Trading-Basics/stock-market-investing-basics.html">investment basics</a>, or have been trading for years, you can get free stock market advice, investment tips, trading strategies, stock market news and more. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-84062465377899870582009-03-02T04:04:00.001-08:002009-03-02T04:04:06.581-08:00Repossession on Credit Report<div style='font-style:italic;' class='uawbyline'>By Justin Hutto</div><br /><div class='uawarticle'>A repossession on your credit report is a very severe mark. It will cause you to pay outrageous interest rates and big down payments.<br /> <br /> A repossession will remain on your credit report for seven years. Approval for any new lines of credit will be very difficult with this mark.<br /> <br /> However you can remove this mark from your credit report. First let us explain how the repossession procedure works.<br /> <br /> When your car is taken and then re sold if the lender takes a loss you will be responsible for repaying that. You will be sued and if you are found responsible a deficiency judgment will be placed against you.<br /> <br /> The lender will report the repossession on your credit and if you have a deficiency judgment it also will be reported. Having either one of these marks on your credit will make it next to impossible to get approval for future lines of credit.<br /> <br /> We suggest you wait until the car is resold to remove a repossession. Also, wait to see if the lender sues you for any damages or loss.<br /> <br /> Then send a dispute letter to the bureaus to dispute the repossession on your report.<br /> <br /> You can hire a service to do it on your behalf or write the letter yourself. This letter must present a reason as to why the mark is incorrect. <br /> <br /> Once the bureaus receive it they will conduct an investigation into the listing. They will contact the lender and ask them to verify that the account is; yours, the reported dates, and the balance.<br /> <br /> We advise waiting until the lender receives some type of payment. If some form of payment has been received, the lender is much less likely to spend the time or money verifying the item with the bureaus. In addition, an item must be removed from your credit report that is not verified.<br /> <br /> Deficiency judgment marks should be disputed as well. It is reported that the bureaus do not check public records when investigating a mark, which is where the bureau would find verification of a deficiency judgment. <br /> <br /> In summing up, repossessions are removed from credit reports every day. You do not have to feel embarrassed or pay high interest rates every time your credit is run.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>For a free credit consultation call 1-866-246-7311. Or for more about <a href="http://www.chargeoff.net/repossession.htm">repossession credit report</a> and what you should do to fix it or for tips to remove <a href="http://ezinearticles.com/?What-is-a-Charge-Off-and-How-to-Remove-it-From-Your-Credit-History&id=1335421">what is charge off</a> visit us. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-22839179456824280222009-03-02T03:57:00.001-08:002009-03-02T03:57:45.920-08:00Mortgage Loans for People with Bad Credit<div style='font-style:italic;' class='uawbyline'>By Steve Mortensen</div><br /><div class='uawarticle'>Most people would rather buy a home than rent one. Unless you plan to be moving in the next two years, purchasing a home is a usually financially a good idea. There is a laundry list of things that can stand in your way if you want to buy a home. <br /> <br /> Let's start with the good perks. Bad credit mortgages can help give people a chance to clean up their credit and improve their credit score. The tricky thing about credit is that you need it to be able to increase your credit score. But if you have already done some damage to your credit, it becomes a lot harder to qualify for credit. Thus, a vicious cycle ensues. <br /> <br /> Bad credit mortgages can help you prove yourself and increase your credit score. By making full payments on time to your mortgage loan, you can show you are reliable and your credit score will increase. Bad credit mortgage loans are actually one of the fastest ways to improve your credit score and show you are now a reliable person to lend to. <br /> <br /> One down side to a bad credit mortgage is that they usually have really high interest rates. Obviously, if you have bad credit, you are considered a big risk to lenders. In order to compensate for the risk they are taking on by offering you a mortgage loan, they attach a high interest rate to the loan. <br /> <br /> If you have bad credit, at this point you might be thinking a bad credit mortgage loan is the answer to your problems. But like most things, a bad credit mortgage doesn't come without a cost. One negative aspect to them is the extremely high interest rates on the loans. Lenders take on a big risk loaning money to someone with bad credit. They make up for that risk by attaching high interest rates on the loans. <br /> <br /> Like most mortgage loans, mortgage loans for people with bad credit are not all the same. If you plan to apply for a mortgage, it will be helpful if you shop around for the best deal. Some of the things to consider when looking for the right mortgage loan for you include interest rates, fees and penalties, and rewards.<br /> <br /> A bad credit mortgage loan can be a second chance for people who have created a bad credit history for themselves, but still long to own a home. If you can commit to it, you can not only stop renting and begin to own, but improve your credit as well.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Steve enjoys helping people when they need <a href="http://whalehookloans.com/2009/01/09/mortgage-loans-for-people-with-bad-credit/">mortgage loans bad credit</a> and also <a href="http://whalehookloans.com/2008/12/01/personal-loans-for-people-with-bad-credit/">personal loans bad credit</a>. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-88282962046617201722009-03-02T03:39:00.001-08:002009-03-02T03:39:41.088-08:00To Homeowners Who Want To Be Mortgage Free For Life. Learn More<div style='font-style:italic;' class='uawbyline'>By NeilV1001</div><br /><div class='uawarticle'>What good is it to send your kids to college if they then have to pay for debt their entire lives? <br /> <br /> Okay So What Should You Do First?<br /> <br /> Do you know the ins and outs of the stock market? Well for most of us we are only good at contributing money to our savings and 401k plans. And thats about it. <br /> <br /> Are you an expert in investing in the stock market? <br /> <br /> It is not your fault. You are just not given the right information.<br /> <br /> But heres is our responsibility. We need to set a clear goal and target and communicate this in order to grow enough money to retire. <br /> <br /> What Happens When Your Mortgage Is Paid Off Early<br /> <br /> Its strange how we all have come to accept that we need to take 30 years or more to pay off our mortgages. The banks have created this 30 year amortization schedule that makes us believe that we have to make a payment for almost three decades. Just imagine owning your home faster without spending more or changing your lifestyle.<br /> <br /> Spending more of your paycheck each month on your mortgage is one way of paying off your mortgage faster.<br /> <br /> Are you in a position right now to spend more money each month to pay off your mortgage? <br /> <br /> Are you in a fortunate situation where you are able to consistently pay more towards your mortgage principal each month?<br /> <br /> Accelerate Your Investment Power<br /> <br /> Wise investments can produce great returns over the long run and can provide a better return than paying off your mortgage. But do you know you can actually pay off your mortgage faster without spending more or changing your lifestyle and reap the rewards of being mortgage free for life?<br /> <br /> Accelerate Your Mortgage Payoff<br /> <br /> You can slash your mortgage and save thousands by applying the Mortgage Free for Life Program directly to your situation.<br /> <br /> If you take a look at your mortgage schedule at closing you will easily find out that your mortgage payments is heavily weighted towards interest payments upfront. If you pay a mortgage payment of $1200 a month $1,100 could go to interest and $100 towards mortgage principal.<br /> <br /> Using a financial calculator, a professional can show you how to accelerate your mortgage.<br /> <br /> Refinancing is not the best way to reduce monthly payments. In fact, refinancing can enlarge debt in many cases. Mortgage Free for Life reduces debt.<br /> <br /> Take Control of Your Finances <br /> <br /> If you have kids imagine them finishing college without taking a lifetime to pay off debt. That would be one of the biggest gifts that any kid would like to have especially when they are just getting started in life. An easy way to earn a stream on monthly passive income is to use the equity in your home to fund the down payment of an investment property. The rental you could earn from the property could be used to pay the mortgage on this investment home and the extra could be passive income in your pocket.<br /> <br /> Remember, always invest in your home with Mortgage Free for Life. It is the safest investment there is from saving thousands in unnecessary interest payments to the bank.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Find out exactly how fast you can slash you mortgage in less than 10 years and save thousands go here to learn about more <a href="http://ezinearticles.com/?Mortgage-Accelerator---Forbidden-Retirement-Investment-Advice-For-2009&id=1876198">mortgage accelerator ideas</a> strategies and <a href="http://ezinearticles.com/?Mortgage-Accelerator---Forbidden-Retirement-Investment-Advice-For-2009&id=1876198">pay off mortgage guidelines</a> </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0tag:blogger.com,1999:blog-2491985687503536684.post-81702167301286479682009-03-02T03:29:00.000-08:002009-03-02T03:30:00.854-08:00Mortgage Refinance Overwhelming Lenders 2009<div style='font-style:italic;' class='uawbyline'>By Monique M. Zidan</div><br /><div class='uawarticle'>Mortgage Refinance has created a surge in the lending business, somewhat unexpectedly and during uncertain economic times. Rates have dropped below 6% when the Federal Reserve made the decision to buy mortgage-backed securities to stimulate consumer financing once again. <br /> <br /> The Government has initiated buying the mortgage-backed securities as of this week and has reduced rates further. This has contributed even more to the mortgage finance business and has added to the struggle lenders are currently experiencing not long after the financial downturn forced lenders through a layoff period.<br /> <br /> Buying mortgage-backed securities has already started to take place as of the second week in January of 2009, as the plan of action the Federal Reserve announced in November of 2008. This has spurred even more activity for the mortgage finance business, also adding to the struggle lenders are currently experiencing after the financial downturn of last year, forcing lenders to downsize. <br /> <br /> The sudden drop in rates is proof enough the mortgage finance surge has found lenders under-prepared during a time when they could really maximize on the opportunity to make up for the lull in previous months. With unexpected delays in applications following up with prospective customers, understaffed lenders scurry to service consumer requests for mortgage refinance.<br /> <br /> To make up for a shortage in staff, people from other departments experienced in finance within the lending institutions have been transplanted to handle the increase in mortgage refinance. The possibility of rates going back up has created a sense of urgency and worry. As we know the history of fluctuating rates, it is possible to see change from hour to hour. <br /> <br /> If there are contacts directly related to the lending industry or connections with a real estate agent that can act as a liaison to help deal with a mortgage refinance, this will offer a stronger start. There is also the possibility some lenders may not have the time reply to the message or to an online application before some are able to lock in a great rate. <br /> <br /> When a prospective customer is told to apply on the Web after finally getting through to a live person, it becomes obvious it is time to be a little more aggressive in approach. For those consumers that do manage to reach a lender it would be wise to know the most recent rate available. Some online lending sites have not posted the best rates for fear of being bound by them. <br /> <br /> Any connections directly related to the lending industry or connections with a real estate agent that can act as a liaison to help deal with a mortgage refinance will help greatly. There is a strong possibility some lenders may not reply to the message or to an online application. With business presently looking up for lenders, it would be smart to secure that magic number by not waiting around for the lender to respond.</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>This article is brought to you by the experts at EFD Commercial Investments Inc. For more free information about <a href="http://www.efdcommercial.com/">loan refinance</a>,visit their <a href="http://www.efdcommercial.com/mortgagerefinance.html"> Mortgage Refinance</a> page. </div><br /> </div>Credit Counselinghttp://www.blogger.com/profile/13738697331784372573noreply@blogger.com0