The most common type of mail I find in my mailbox that tell me I've been pre-qualified for a consolidation loan. I get one almost every day. They boast that one of these loans can save me money on my monthly bills. But what exactly is a consolidation … [Read more...] about What Is A Consolidation Loan, and How Can It Save Me Money?
The phone rang, a family member was on the other end. A favor was needed. Her car had broken down, and wasn't worth fixing. She needed a new car, but was fresh out of college and lacked both the cash to buy a car outright, and the credit to finance … [Read more...] about How Does Cosigning For A Loan Affect Your Finances?
This past week, my article "Free Laptop Nation: How Free Is It?" was featured in the 144th Carnival of Personal Finance, hosted by BeingFrugal.net. As it was published on St. Patrick's Day (the one on the calendar, regardless of what the Catholic … [Read more...] about Best Finance Articles from Carnival of Personal Finance #144
Have you ever considered financing your new car for 84 months? That's a full 7 year loan! Granted, I've had my share of 72 month loans. Heck, our Chevy Malibu was a 72-month finance, but we paid it off in just 2 years! But not everyone is getting … [Read more...] about More Auto Buyers Turning to Leases and Longer-Term Loans
I don't announce changes to our debt scales (on the right sidebar) unless something big happens. Well today I made some major changes to some numbers. Stacie's Student Loan The biggest change was that I paid $6000 down on Stacie's student loan. It … [Read more...] about Some major financial accomplishments this week
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%!