REAL ESTATE BUST: AMERICA’S HOUSE of CARDS

Artificially inflating home values; pressuring appraisers to over value homes so in turn the lenders can make a larger home loan. Increasing the “margin” between the bank’s cost of money (interest paid on deposits) and the interest rate that banks charge the borrower. Rewarding mortgage brokers for placing the borrowers …

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Make Your Credit Cards Work for You

Most of us grow up being raised to fear credit cards. Many people have parents who have been plagued by them. Many more got one or two when they were young, maxed them out, and then spent the rest of their young adulthood trying to pay them off. Now, credit …

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Maximizing Reward Credit Card Usage

I love using credit cards, and I always try to maximize my rewards. To quote a poster on MSN money boards “they’ll have to pry my CC out of my cold hands.” I thought his quote highly amusing. My DH and I are not your typical credit card user, neither …

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