There’s no question, it’s a good time to get a mortgage. Average rates on 30-year fixed-rate loans are around or under 3.5 percent, according to BankRate.com. Although a couple years ago when 30-year mortgage rates were around 4 or 5 percent, … [Read more...]
Balance Transfers on Credit Cards: What You Need to Know
March 1, 2012 by
If you've spent one too many months staring at your swelling credit card balance---and all that interest you're paying---that piece of junk mail promising a 0% balance transfer credit card probably looks pretty enticing. Sure, balance transfers … [Read more...]
The Best Places for Your Short-Term Savings
November 1, 2010 by
It's time to give yourself a ten-second financial check-up: Are all of your hard-earned dollars earning interest? Savvy investors know that every dollar deposited at a bank, brokerage, or financial institution should be making money... and … [Read more...]
How to Lower Your Credit Card Interest Rate
September 2, 2010 by
When it comes to pulling the wool over customers' eyes, banks issuing credit cards are the pros. And one of their favorite ways to trick you is to raise your credit card interest rate. Although new credit card laws make it more difficult for the … [Read more...]
Savings Interest Rates Suck, But Here’s What You Can Do About It
August 20, 2010 by
Today, I want to tackle a common question: When savings account interest rates suck, how else can you get a return on your cash? Here’s how one reader phrased it: I’m a single young professional without any debt. I make a decent living. I … [Read more...]
Money Aisle Auto Loans
May 12, 2010 by
Money Aisle is a unique online service where banks compete for your business in a real-time auction. Want to get the best rate on an auto loan? Money Aisle may help you find the best auto loan rates before you even step foot into a dealership, … [Read more...]
How To Take Advantage of Rising Interest Rates
April 28, 2010 by
As the economy recovers, interest rates will start to increase. To many, rising interest rates are a bad thing because they lead to higher rates on mortgages, auto loans, and credit cards. Although it's true that higher rates can hurt, rising … [Read more...]
My Credit Card Raised My Interest Rate! Here’s What to Do
November 10, 2009 by
Stories of credit card companies raising interest rates on just about everybody---even customers with perfect credit, no debt, and no late payments---continue to roll in. That's because the CARD Act takes effect this winter and will restrict … [Read more...]
