Under the Radar Reoccuring Payments

Why does business love to hit you with small monthly re-occurring payments? Because they fly under our financial radar! Those small monthly charges don’t seem like much, just $9.99 a month, or $4.99 a month. You see the amount on your statement, but hey its just $5, or its just $10 right.

What makes up your FICO score

What makes up your FICO score? 35% of your score is based on your debt history. 30% is based on your debt level. 15% is based on the length of time you’ve been in debt. 10% is based on new debt. 10% is based on type of debt.

401k Earnings through 2009

2008 everyone lost their shirt. 2009 everyone gets their shirt back? Year to Date Jan 1, 2009 to Oct 31, 2009: 26.49% This year going well for retirement accounts, if you left them alone. Did you leave yours alone? Or did you make some radical changes? If so what happened?

How much $ per taxpayer?

How much money per taxpayer is all the bailout and stimulus really worth? Many taxpaying citizens like myself really do think the money would be better off going back to the taxpayers. But how much really? I have heard numbers from $1 million per taxpayer, and other figures all over the place. Here is your […]

AIG Bailout

What a mess. What happened to letting the market work? I think our economy just took a huge step backward today. This bailout is saying, if you’re going to screw up, make sure you do it BIG BIG BIG. That way the US government will come in and save your behind. How in the world […]

What are Collection Triggers?

In an effort to help financial services organizations collect on large volumes of uncollected debt, Experian(R), a global information solutions provider, today announced the launch of Collection Triggers(SM). Collection Triggers is a robust and flexible collections solution that monitors a company’s portfolio of collections accounts. When new information on one of these accounts becomes available, […]

Michigan homes sinking?

Michigan was the only state in the nation to see its home prices decline in value in 2006. The national average was a 5.87 percent increase, compared with Michigan’s -0.44 percent decline. Ouch. Michigan has been losing so many jobs especially on the east side of the state, Detroit and the surrounding areas are seeing […]

6 Percent on a savings account

Through 4/30/07 HSBC is offering a 6 % rate on savings accounts. This is only for “new money”. So it will not jump up the rate on any money you currently have on deposit (arg), but if you add new money to your account, it will receive the new rate. Here is the fine print […]