Archive for September, 2009

Where can I learn more about income-based repayment plans for student loans? How can I calculate how much my monthly payment might be? Is it true my monthly payment could be as low as ZERO? Are there any loan forgiveness programs?

Click anywhere on this paragraph to link directly to the studentaid.ed.gov income based repayment (IBR) webpage to learn more about the new student loan income based repayment plan. Monthly payment can be as low as ZERO. Loan forgiveness programs are explained in detail. There is a calculator on the page to determine approximate monthly payment.

Posted by admin on September 30th, 2009 under Answers, Credit Cards, Credit Reports, Debt, Loans  •  No Comments

FDIC is broke…Now what do we do?

Our thanks to Jonathan Weil and Bloomberg.com. Federal Deposit Insurance Corporation chairman Sheila Bair says the agency has options. Time to get busy exercising those options, Sheila!
Could be a good idea to think about buying some pre-1965 junk silver coins as an investment safeguard. Coinflation.com reports the current silver melt value of a pre-1965 silver [...]

Posted by admin on September 29th, 2009 under Answers, Credit Cards, Credit Reports, Debt, Loans  •  1 Comment

What is ChexSystems? How does ChexSystems work? Is ChexSystems another national credit reporting bureau? How can I get a copy of my ChexSystems report?

ChexSystems is a credit reporting agency governed by the Fair Credit Reporting Act just like Experian, Equifax, TransUnion, and Innovis. ChexSystems tracks our banking history. Being blacklisted on ChexSystems can cause a person to NOT be able to open a bank account.
Our thanks to Wikipedia.org for a good descriptive definition. Click here to read Wiki’s [...]

Posted by admin on September 28th, 2009 under Answers, Credit Cards, Credit Reports, Debt, Identity Theft, Loans  •  No Comments

How much is my house worth in gold?

Our thanks to OfTwoMinds.com. Click anywhere on this paragraph to read complete short informative article When Housing is priced in Gold.

Posted by admin on September 27th, 2009 under Answers, Credit Cards, Credit Reports, Debt, Loans  •  No Comments

Where can I see Michael Moore’s new film Capitalism opening in theaters this Friday October 2 2009?

Click on the link below to find a theater near you

Capitalism

Posted by admin on September 27th, 2009 under Answers, Credit Cards, Credit Reports, Debt, Identity Theft, Loans  •  No Comments

What are Best Buys for September October and November 2009?

Our thanks to Kiplinger.com. Click on link below to read complete article:

Best Buys for September October November 2009

Posted by admin on September 25th, 2009 under Answers, Credit Cards, Credit Reports, Debt  •  No Comments

September 2009 mortgage interest rates are the lowest they have been in the last 40 years. What is the history of mortgage interest rates?

Our thanks to docstoc.com for the graph in the link below showing the History of Mortgage Interest Rates from 1971-2008. The current mortgage interest rates for borrowers with a good credit score, and low debt to max credit ratio are almost as low now as they were in the early 1950’s. The average 30 year [...]

Posted by admin on September 24th, 2009 under Answers, Credit Reports, Debt, Loans  •  1 Comment

Is it possible to escape a life of being a ball and chain prisoner to mortgage and debt?

Our thanks to Trevor Reichman and TreeHugger.com. Click on link below to read short article about Abe and Josie:

Young Couple Says NO to a Mortgaged Life

Posted by admin on September 23rd, 2009 under Answers, Credit Cards, Credit Reports, Debt, Identity Theft, Loans  •  No Comments

Debtors Revolution Follow-up: Mad as Hell and NOT Gonna Take It Anymore!

Click anywhere on this paragraph to watch a short 6 minute follow-up video to the Debtors Revolution video in the earlier post: Mad as Hell and not gonna take it anymore!
Admin comment: It is wise and prudent to carry a ZERO balance on all credit cards if possible, and pay off entire balance when credit [...]

Posted by admin on September 23rd, 2009 under Answers, Credit Cards, Credit Reports, Debt, Loans  •  No Comments

Should we all join the Debtors Revolution? Debtors are mad as hell and not gonna take it anymore!

Woman in the short 4:30 minute video below is mad as hell, and she’s not gonna take it anymore. Video has had over a quarter million views on Youtube.com and is in the national headline news spotlight right now. Click on link below to watch video:

Debtors Revolt Begins Now

Note from admin: It is wise [...]

Posted by admin on September 23rd, 2009 under Answers, Credit Cards, Credit Reports, Debt, Loans  •  No Comments