Financial News for Business
Financial news for business have a big impact in modern global crisis, we will help you to understand what is happening.
Posted by Nathan Torres on April 6th, 2012 ~
0 Comments Recently, Ive been in the process buying a new house and as a result Ive been thinking about the role my credit score and report is playing in this process. Think about it, if I have a bad credit score I could go from getting an interest rate of 4.5% or better, to a rate of 6% or higher. On a $120,000 mortgage thats a payment difference of $600 to $720.
This prompted me to check my credit score. Now luckily in my score its in pretty decent shape at a 741, but this isnt the case for everyone so in this article Im going to walk you through the steps I take to fix a bad credit score.
The first thing you need to do before you can fix your score is you need to know what it is. To do this I suggest checking it in 2 different places. The first place to go is AnnualCreditReport.com. This site is sort of the official place to check your credit report. Here you can get all 3 of your credit reports entirely for free.
These reports are also fairly detailed, however in order to get the score for each report you are going to have to pay a fee. Now if you
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Tags: Bad Credit, Credit Score, Score
Posted by Nathan Torres on April 2nd, 2012 ~
0 Comments Lately Ive been seeing a lot of commercials on TV talking about low fee IRA programs such as Vanguard. This company offers low cost IRA fees versus most of the other brokers out there. In fact some of these fees can be so low you almost have to wander how to they stay in business. This prompted me to do some research and find out, are low fee IRA companies a good way to invest for your retirement?
To start Im going to do a fee comparison between two similar funds. One being a fund I actually invest in, the Transamerica Moderate Growth Fund and the second being a low cost mutual fund, the Vanguard Life Strategy Moderate Growth Fund. Here is what I found when I compared the cost on these two funds.
When you compare these two funds side by side you can obviously see which fund cost more in fees. Both funds earned an 8% return and started with an investment of $10,000. The Transamerica fund charged a total of $6100 over a 20 year period.
On the other hand the Vanguard fund only charged a total of $882 in total fees. By going
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Tags: Fee Ira, Ira, Low Fee, Low Fee Ira
Posted by Nathan Torres on March 24th, 2012 ~
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Are you in the market to find the best prepaid Visa credit card? Lately, Ive been on the search for a reloadable prepaid visa card and its been a tough one. So in this article Im going to cover the research Ive been doing to find the best pre paid Visa card and hopefully help you save a ton of money in the process.
To start, when it comes to getting a prepaid Visa debit card its all about the fees. If you buy the wrong one you will get slapped with a ton of fees and extra charges, however if you get the right card you will be able to save yourself hundreds of dollars and avoid being taken. So here is a list of fees they might charge.
- Activation Fees. These fees can range from $20 to $100 and more to activate.
- Pay Per Purchase Fee. Some cards will charge for every purchase you make. This fee typically runs around $1 for every purchase and is usually capped at around $10 a month.
- ATM Cash Withdrawal. Ev
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Tags: Card, Credit Card, Visa Credit, Visa Credit Card
Posted by Nathan Torres on March 21st, 2012 ~
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Coupons, when used correctly, can help you shave off a huge part of your monthly shopping budget, but many people avoid using them for a number of different reasons. Some people feel it will be too much hassle to gather and use all the coupons before they expire; others are worried that people may think they are poor, while others have simply never considered it. Couponing can be addictive though and once you see how much you can save with just a bit of extra effort, you’ll be hooked for life.
Before you can start shopping for deals, you have to do a bit of legwork and collect the coupons for the deals you want to benefit from. The most common place to find coupons is in your Sunday paper, and depending on which week it is, you will find coupons from different companies. Women’s magazines that cover topics like housekeeping or gardening will often also contain coupons.
Another excellent place to get your coupons is the Internet. The
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Tags: Coupons, Coupons Beginners
Posted by Nathan Torres on March 11th, 2012 ~
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If youre like me and dread making that monthly mortgage payment I know exactly how you feel. Its that one payment that comes and goes each and every month with no sign of going away anytime soon. So in this article Im going to show you how to get a lower mortgage payment and on top of that I am also going to show how to lower your mortgage payment without refinancing.
The first and most obvious option is to refinance your home mortgage to a lower rate. In fact this is one option Ive been looking into but since Im buying a new how Im going to hold off.
However if I were to do this I would be able to drop my rate from a 6% interest rate which is costing me around $550 a month to a 4.25% interest rate which would drop my payment to $408, saving me nearly a $150 a month in payments.
The next thing you could is to combine a refinance and buy points at the same time. Po
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Tags: Mortgage Payment, Payment
Posted by Nathan Torres on March 8th, 2012 ~
0 Comments Recently its been brought to my attention though many comments from my readers that a lot of people are interested in knowing what the AARP Life Insurance 3 questions are to getting accepted for a policy. The only way to know these three questions is to fill out an application, and since Im not a senior its a bit hard for me to figure out these questions.
Who Knew?
However it was brought to my attention by a reader named Shannon who left a comment recently on a previous post that she had filled out an application and uncovered these 3 questions. So in this article Ive decide to cover them here to help those trying to learn more about these policies and getting accepted for one.
Below is the questions asked on the application word for word.
- 1. In the past 2 years have you had treatment for or been diagnosed by a doctor as having heart trouble, stroke, cancer, lung disease or disorder, diabetes, liver or kidney disease, AIDS, AIDS Related Complex, or immune system disorder? *Ye
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Tags: Aarp Life Insurance, Accepted, Getting Accepted, Life Insurance
All the businesses, including small businesses require capital to run their operations. Capital requirements of businesses are of two types – fixed capital and working capital. Anyways, in order to meet its capital requirement a business unit takes out different types funds, secured as well as unsecured funds. In the unsecured category, there are credit card debts too. Credit cards offer easy access to cash and the allurement to use credit cards is also very high. However, as the owner of your small business, if you find that you are seriously into credit card related business debts, you must opt for credit card consolidation. Credit card business debt consolidation program helps a small business unit to eliminate the debts that it owes to different creditors by making single monthly for a stipulated period of time. The most noticeable feature of small business debt consolidation program is that it does not at all hurt the credit standing of the small business. Read more…
Tags: Business, Business Debts