Archive for October, 2006

Home Equity Loan û Still a Better Idea Than a 401(K) Loan

Tuesday, October 31st, 2006

Anyone who borrows money is always looking for the cheapest source of funding. That makes sense; no one wants to pay more in interest than is absolutely necessary. And anyone with a sizeable amount of debt, such as credit card debt or a student loan, would be wise to consolidate their debt with…

Popularity: 6% [?]

Good vs. Bad Credit Debt

Tuesday, October 31st, 2006

Do you know the difference between good and bad credit debt? Most everyone seems to think that all debt is bad, but that is not always the case. In fact, there are some instances where good debt can actually help your financial situation.

The differences between good debt and bad credit d…

Popularity: 8% [?]

New Bankruptcy Law û WhereÆs the Consumer Protection

Monday, October 30th, 2006

On April 20, 2005, President Bush signed into law the Bankruptcy Abuse and Consumer Protection Act, a piece of sweeping legislation that brought about the most sweeping changes in personal bankruptcy law in the last quart…

Popularity: 7% [?]

Pay Off Your Student Loans and Reduce Your Debts

Monday, October 30th, 2006

Financing a college education is one of the more expensive debts you may incur. Student loans can take years or even decades to pay off. Making late payments or missing payments all together can result in a poor credit rating and collections on your accounts. Millions of people have found them…

Popularity: 9% [?]

Shorting Stocks û The Basics, Part I of II

Sunday, October 29th, 2006

What does it mean to short a stock?

This means that you borrow the stock from your broker to sell to a third party. The idea is to buy back the stock at a lower price, returning the shares to your broker while leaving the remaining cash in your account as a profit. Put another way, a short …

Popularity: 6% [?]


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