Credit Mechanics » Debt

Lenders won't add old balance to new loan

admin — Fri, 27 Mar 2009 19:50:59 +0000

Don’t expect today’s lenders to add your current loan balance to your new vehicle loan.

Determining theft loss deductions

admin — Fri, 27 Mar 2009 19:50:59 +0000

An elderly victim of Internet scammers faces bankruptcy. Can he deduct the losses on his taxes?

You can't sell a leased car

admin — Fri, 27 Mar 2009 19:50:59 +0000

You may have a three-year lease, but you can’t sell a car if you have no title to it.

Vehicle leasing going up

admin — Fri, 27 Mar 2009 19:50:59 +0000

Leasing may still be a good deal for some, but buying a vehicle might be a better option.

Credit damage may last beyond 7 years

admin — Fri, 27 Mar 2009 19:50:59 +0000

In most cases, bruised credit will heal within seven years. But there are exceptions to the rule.

home foreclosure HELP where do we go and how do we start refinancing?

admin — Fri, 27 Mar 2009 17:36:42 +0000

catchi asked:

Wasn’t the bailout suppose to help homeowners refinance if they were facing foreclosure? How? Was there any agency or website to go to in order to start the process?

Caffeinated Content

Is debt settlement a good idea?

admin — Thu, 12 Feb 2009 23:23:54 +0000

Companies that offer to lower your credit card debt make it sound so easy. Here’s what you should know before you sign up.

Paying off debt won't erase history

admin — Thu, 12 Feb 2009 23:23:54 +0000

Paying off bad debt to a bank won’t remove the negative history from your ChexSystems report.

Video: Fresh food saves money

admin — Thu, 12 Feb 2009 23:23:54 +0000

Made from scratch and raw food is always cheaper than buying prepared versions of the same item.

Personal pledge, double-edged

admin — Thu, 12 Feb 2009 23:23:54 +0000

Personal debt guarantees are needed for financial backing but can come to haunt business owners.