Monthly Archives: November 2009

6 Ways to Avoid Overdraft Fees

Nobody likes being nickel-and-dimed by their bank but one of the biggest revenue generators for most banks and poor credit history unions are overdraft fees. Banks historically have been able to provide overdraft protection to their customers to help prevent … Continue reading

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5 Benefits of Using Credit Cards

poor credit history cards have earned themselves a terrible reputation over course of the recession and financial crisis as card issuers have routinely abused their customers with poor interest rates, late fees, and declining poor credit history limits. poor credit … Continue reading

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6 Important Areas for Financial Record Keeping

One of the challenges for anyone trying to live a more responsible financial life is to create a system of organization for keeping track of financial transactions and history. Financial accounts come with a lot of paperwork and it’s easy … Continue reading

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Personal Loans: The Good, The Bad, and The Ugly

Often the reasons for personal loans are just that: personal. We can all use a little extra cash now and then, and for some, living in the fallout of the 2008-2009 economic collapse, a little extra cash can be a … Continue reading

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Changes to the New Homebuyer Tax Credit

In a highly anticipated move, lawmakers extended the tax incentives to keep homes selling in the real estate market. Over the last several months, thousands of first-time homebuyers took advantage of the $8000 tax poor credit history and purchased their … Continue reading

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Three Ways to Make Your Money Last As Long As You Do

The job losses suffered over the last two years have been devastating across every demographic but one of the groups put in the most precarious positions when losing a job are people within five to ten years of retirement. Workers … Continue reading

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How banks manipulate your transactions to extract maximum overdraft fees

WiseBread has a story about Jeff Ledford, a fellow who overdrew his Bank of America checking account by $10 and was hit with $175 in overdraft fees. As WiseBread points out, that amounts to a 1,750 percent penalty. In order … Continue reading

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How would you help this 25-year-old woman with her budget?

Ramit Sethi of the terrific blog I Will Teach You to Be Rich has a semi-regular feature called The Money Diaries in which he posts a diary written by an anonymous person who has personal finance problems. They are an … Continue reading

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Credit Repair: An Overly Regulated Industry?

Pop quiz: Which of these industries is more closely regulated: 1) airline pilots; 2) air traffic controllers; 3) credit repair agencies; 4) big tobacco; 5) school bus drivers? You'd be surprised to learn that, other than big tobacco, the credit … Continue reading

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Get the Application!

I got a call from a couple who was interested in refinancing their home. It was a slam-dunk deal that would be approved anywhere. So we chatted about rates and I told them what the rate and fees were for … Continue reading

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