Category Archives: Debt

Looking back: How financial mismanagement can catch up with you

There are a number of ways in which you can suddenly find yourself with debt management issues in the modern climate.  Things can either quickly sneak up on you with an unexpected incident, illness or similarly serious issue or, it could be a case of historic debts coming back to haunt you.  If you’ve consistently,Continue Reading

Balance Transfer credit cards: You’re ticket to no interest (ever)

This guest post was written by Jason Bushey. Jason runs the day to day operations at Creditnet.com Long ago, before I had much use for credit or any personal finance expertise whatsoever, I had a friend who was studying to be an accountant. I’m not really sure how the topic came up, but at someContinue Reading

Comparing Mortgage Rates a Generation Later

I don’t think many people actually understand how low the mortgage rates really are today and how those low rates work with an amortization payment schedule to make real property purchases an amazing opportunity.  I recently had a conversation that reminded me that we are in uncharted territory historically speaking. At every twist and turnContinue Reading

Refinance Roadblocks

What do you do when the universe appears to be against all attempts to complete a goal?  Perfect credit, spotless payment record, and 12 years at the same job (proof of ability to pay,) and I never imagined it’d be so impossible to take advantage of the record low interest rates.  But after 2 failedContinue Reading

Analyzing the Prepayments on One of My Student Loans

As I made my monthly payment the other day on one of my student loans I wondered how much I have saved in interest over the years by adding to the principal some months.  Since the lender didn’t provide me with that information I almost looked at it as a challenge to see whether IContinue Reading

How Families are Dealing with the Recession

Post by Sophie a UK Writer Many in the United States do not have to worry about austerity (yet) but I feel like that the average family in the UK is changing and adapting to survive with the austerity measures that seem to be taking hold around Europe? The first unofficial change that seems toContinue Reading