Monthly Archives: March 2010

Am I Eligible To Reclaim My PPI?

Posted March 31, 2010 – 12:45 pm in: Mortgage

If you have taken out a financial product in the last ten years such as a mortgage, personal loan or credit it is almost certain that you were sold payment protection insurance from your lender. PPI ideally covers your ability to repay your debt should you find yourself in difficult circumstances such as injured or unemployed, however, the lenders found a loophole and have been selling PPI to customers who were not eligible for the cover or who did not fit the particulars of the PPI they were sold.

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Do Not Hire a Debt Settlement Firm to Eliminate Credit Card Debt

Posted March 29, 2010 – 2:44 pm in: Debt Consolidation

Debt settlement firms expect you to have at least $10,000 in credit card debt. They expect you to pay them $1500-2000 or more of that $10,000 in fees before they settle your debt. They also expect you to stop paying your credit card and give those monthly payments to them for their fees and your eventual lump-sum settlement all for their promise to eliminate credit card debt.

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Chapter 7 Bankruptcy Laws – a Guide

Posted March 27, 2010 – 7:37 pm in: Bankruptcy

Filing under Chapter 7 bankruptcy laws has perhaps one major advantage, and one major disadvantage.

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The Advantages Of Pay As You Drive Insurance

Posted March 24, 2010 – 9:51 pm in: Personal Finance

Insurance premiums are usually based on factors such as a driver’s gender, age and where they live. But Pay As You Drive insurance is different because it is based on the number of miles you drive. The less you drive, the less you pay.

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The Difference Between Debt Consolidation And Debt Management

Posted March 22, 2010 – 2:48 pm in: Debt Consolidation

You might have already tried out a lot of debt solutions online but were not successful with any. You may have also gone through different types of debt solution methods in your quest to get rid of your existing debts in order to enjoy life better. You probably feel by now that you are not really arriving at any resolutions to them; on the contrary, you may feel like you have made your financial situation worse. The thing is, the reason behind your failures may not be because of the methods that you have tried out. They might be because of some other factors.

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Why Are There So Many Different Mortgage Rates?

Posted March 19, 2010 – 2:14 pm in: Mortgage

Looking at mortgage rates can be a bit confusing at times. Where do you look? What options do you have? Here are some answers to consider.

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Reforms Make It Harder To Give Credit Cards To College Students

Posted March 17, 2010 – 2:02 pm in: Personal Finance

Due to the fresh credit card modifications that are starting up next year, card issuers will have a hard time getting teenagers on college campuses to apply for credit cards without their parents’ knowledge. As students arrive on campus, card issuers will be there to speak to them at many schools.

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10 Tips To Successfully Collect A Debt

Posted March 15, 2010 – 12:58 pm in: Debt Consolidation

10 Tips to help you collect debt:

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What Is The Course Of Action For Members Voluntary Liquidation?

Posted March 13, 2010 – 9:31 am in: Bankruptcy

The process of winding up a solvent business is known as Members Voluntary Liquidation. In this process, the shareholders of a company choose a liquidator for carrying out the liquidation procedure. A Members Voluntary Liquidation, commonly known as MVL is different from a solvency procedure, and that is why a statutory declaration is required for the liquidation. This declaration has to be approved by the board of directors.

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General Insurance Tips

Posted March 11, 2010 – 2:18 pm in: Personal Finance

When it comes to your insurance you can never be too careful. You not only have to negotiate prices with agents, but you have to find the insurance plans that work best for you. This can be especially difficult if you are new to the insurance industry. Some of the most popular types of insurances are health, car, home, and life.

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Everyone Is Going To Try To Get Some Stimulus Money

Posted March 9, 2010 – 2:18 pm in: Personal Finance

People voted for Barack Obama for many different reasons. Some voted for him purely because he is a Democrat while others voted for him because they thought he provided hope. There are those that voted for him because he is black and others voted for him because they thought he is good looking. Other reasons why people could have voted for him is that they disliked Sarah Palin or John McCain.

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Over 9 Million People In Foreclosure

Posted March 7, 2010 – 11:53 am in: Personal Finance

The financial crisis that shook the world from the first quarter of 2008, has ruined many families and have left them unable to even meet their day to day expenses. Among them are many who had possessed their home through loans and had mortgaged their property for the same. Most such people had no problems in making payments of the money due on the mortgage at the designated time, as long as financial crisis did not strike. Now that they are unable to do so, they are faced with foreclosure.

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Why You Need To Be Knowledgeable About Your Credit

Posted March 5, 2010 – 2:14 pm in: Personal Finance

A wise consumer will get a copy of their up-to-date credit report prior to making any major purchase that involves financing. The reason for this is that a credit report and score can make or break your purchase and most credit reports do include mistakes. The problem is that most individuals are uninformed of the invalid credit on their credit report and they end up receiving an unwelcome blow.

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Repair your Family Finances

Posted March 3, 2010 – 8:57 pm in: Personal Finance

Knowing how to repair your Family’s finances is about knowing what constitutes properly run Family finances. You need to know the character of money and how it works. You need understand and comprehend household finances to know the right attitudes to embrace to manage your money for success. You must accept responsibility for the state of your personal finances and empower yourself to repair them.

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Why Commercial Mortgage Modification Is Being Encouraged

Posted March 2, 2010 – 8:22 am in: Mortgage

Financial analysts have been predicting that the commercial property sector will also undergo a crisis that might even be worse than the collapse experienced in the residential housing market. The increasing number of vacancies in commercial properties and the unchecked increase in the unemployment rate are harbingers of potential serious problems in this particular market. This is a logical prediction because the end result of this kind of situation are problems for the property owners in making the monthly installments. And if they could not make the monthly payments, it naturally follows that they would not also be able to make good with the balloon payment at the end of the loan term. Just like in the housing sector, the large number of defaults and foreclosures could worsen an already ailing economy. It is here where commercial mortgage modification could provide assistance to the ailing property owners, the banks and the economy as a whole.

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