The National Interest

Have you ever found yourself in debt because of a credit card? Do you ever find yourself thinking that the credit card is evil or out to get you? Why have one then? Because you can pay for things online or over the telephone with a credit card, but guess what, you can do all those things with a debit card. A huge target for credit cards are teens, because they don't know how to really deal with money, and that's when a lot of mistakes happen. If credit cards are so bad, why do people use them…

manner of her choice. One should elect to receive the whole lump of money in the first year in order to get the most value in interest. Even though I made up the interest in this problem, due to the concept of time value of money, the decrease in value further it is expected to be received demonstrates that Sue was awarded fairly by the jury. However, one can argue if the interest rate changes then the question cannot be really answered, as we do not know the annual rate of return. I answered…

apologize for the lack of communication these past few weeks. There have been two occasions in which Our Lady of Fatima School was prepared to announce a location, only to have circumstances beyond our control nix the deals at the last moment. It was important to be measured in our approach, and obtaining a location before fundraising was always our plan. We wanted people to know that their money was going towards a school rather than an idea of a school. The same is true for enrollment. We…

sure to find out what the interest payment will be for your payday loan and make sure that the interest rate is put in writing on your payday loan contract. Next, make sure that you can actually afford to pay back both your payday loan and the interest with your next paycheck. For example, if your next paycheck will be $800, you probably shouldn’t take out a payday loan for $800, because the interest will exceed what you bring home. The cost of your loan plus the interest needs to not exceed…

After the catastrophic financial crisis and housing crash that occurred in 2008, many banks and lenders began to clamp down on the mortgage qualification process. Prior to the great recession, it was easy for borrowers to qualify for no down payment home loans and 100 percent financing. Today, the tide has drastically changed and loans with no down payment requirements are hard to come by. However, it is not impossible to find a lender willing to finance an entire loan without a down payment.…

known as a Jumbo mortgage. In most parts of the United States, the Jumbo loan limit is $417,000 while in other high-cost areas like Alaska and Hawaii it is usually $625,000. Jumbo loans are different from conforming loans in that they require higher interest rates due to the large amount of financing they offer. Eligibility for a Jumbo loan Jumbo loans generally require higher down payments. The down payments however, vary with the lender. It could be 15%, 20% or 30%. Applicants for a jumbo…

are advantageous and legitimate, while others have the result of dragging the consumers into a cycle of unpaid debt. Payday loans and installment loans are usually known as small amount and high cost loans. This is because they often have higher interest. Consumer advocacy organizations…

Get paid for the scrap car lying dead in your lawn Bored with the old damaged car standing stagnant in front of your house? It is time to get rid of it. Well, what are things that strike in your mind? You call up the dragger or the crane to take away the car. Well, hold on to that thought, you can always make sure that you make some money even out of the scrap cars. Does that sound weird? Well, it might, but it is true. There are many companies that especially collect the scarp car from you and…

Can I Recover Lost Wages In A Florida Personal Injury Claim? When you are injured in an accident, you suffer a variety of different types of damages. Non-economic damages include loss of enjoyment of life, physical pain, permanent disability, scarring, mental anguish, and emotional suffering. Economic damages include your medical expenses, property damage, lost wages, transportation costs, and other out-of-pocket expenses related to your injury and your recovery. The non-economic damages are…

Comparing Co-Ops and Traditional Mortgages It is no secret that cooperative mortgages, known as co-ops, are far different than traditional mortgages. Commonly referred to as a “share loan”, co-ops are not individual loans for the right to own a property, but the loans give you the right to own a share in the co-op. Since co-ops work in a different way than traditional mortgages, a limited number of lenders offer “share loans”, and if you wish to refinance your loan, it can get even trickier. •…