35 years after the US personal savings rate peaked at 14.6%, the personal savings rate has recently settled in at 4% in May 2010 (after turning negative in 2005). The Federal Reserve released data that showed credit card balances dropped .5 billion during April 2010, the 19th month in an unprecedented stretch of declining credit … Read more
Almost everybody is looking for Unique Home Business Ideas for one reason or another. Why? One reason, it’s simple math. Over 2.6 million people have lost their jobs in the last two years. As if that is not enough, many more corporations are still threatening to close. Not to mention, California is bankrupt, and Michigan … Read more
Florida FHA LOAN What are FHA Loans? FHA stands for Federal Housing Authority. The (FHA) Federal Housing Authority home loan provides low-cost insured home mortgage loans that suit a variety of Florida home purchasing options. Whether you’re buying a Florida home or want or refinance your Florida mortgage, FHA loans might be right for you. … Read more
Consumer debt is becoming a large concern as Americans are finding themselves increasingly in debt; in fact, America’s consumer debt has recently topped trillion for the first time. Any debt that is used for anything other than investments is considered consumer debt. The most common forms are credit card debt and payday loans. In order … Read more
When a person takes a loan, he waits for the payment when he can repay it and become debt free. For instance, in case of a secured personal loan, the loan taker has a time duration in which he can pay the loan. During this time frame, he is also required to pay interest on … Read more