When interest rates are low, 0% introductory rate credit card offers come out to play. Borrowing money is cheap for banks, which they pass along to consumers to entice them to use lines of credit. The goal of the credit card companies is … [Read more...] about Have You Noticed Credit Card Offers Are Changing?
I just opened a letter from our student loan provider that's been sitting in a pile all week. I thought it was the monthly bill for Stacie's loan, but it turns out it was a notification. Here's what it said: WHY WE ARE CONTACTING … [Read more...] about Our Student Loan Interest Rate Went Down by 1%!
Where to start? First, due to the changes in mortgage rates and house prices, we've had to think about refinancing. As I mentioned, we're rather stuck with lower property values infringing on the equity we need to be able to refinance both of our … [Read more...] about Rerouted Debt Payment and Debt Scale Changes
UPDATE: A comment reminded me that you might not all know my status. I graduated college with an undergrad about 7 years ago, but I just started my masters degree in fall 2007. Now back to the story: I found out something interesting this weekend. … [Read more...] about The Government is Paying My Student Loan Interest!
Inspired by FiveCentNickel, I looked into refinancing both our loans into a single 30-year mortgage. If you recall, we're 100% financed on our home with 2 loans. The first (80%) is an interest-only, 5/1 arm that's up in November, 2009, while the … [Read more...] about The Housing Bust Hits Home
Unlike some bloggers, I quit the rate-chasing game fairly early. I tried to keep up with rising rates at ING Direct, HSBC Direct, Emigrant Direct, Citibank and Bank of America. Along the way, I also had to open a savings account when I opened a new … [Read more...] about Closing some bank accounts