Why Your Taxes May Rise: Tax Breaks Expiring in 2011 and 2012

Many Americans, and even tax professionals, aren’t aware that their tax bill could rise dramatically next year. If Congress continues to do nothing to provide a long-term permanent set of tax laws, many tax breaks will expire this year and next year. Major Individual Income Tax Benefits Expiring 12/31/2011: • Personal tax credits applied against [...]

Read the full article → November 11, 2011

Credit Card Consolidation Tips

Credit card consolidation may be the easy solution to eliminate debt problems. Student life is the best part of life when you do not have to worry about anything. It has been seen that when you enter your college life, your parents give you multiple credit cards so that you can use them in case [...]

Read the full article → October 29, 2011

New Obama Student Loan Plan Details

President Obama unveiled a plan Wednesday that will ease the burden of student loan debt for millions of student loan holders. The plan will accelerate an existing plan to cap student loan payments at 10% of income to start in 2012 instead of 2014. It will also allow those with split loans from the Direct Loan [...]

Read the full article → October 27, 2011

Best CD Rates for October 2011

Following last week’s pause, CD rates on certificates of deposit continue to fall in the most recent CD rate survey. The national average on a one-year CD yield is down 1 basis point to 0.36 percent.  The national average on a five-year CD yield fell 2 basis points to 1.2 percent.  Each basis point is [...]

Read the full article → October 21, 2011

Help For Under Water Mortgages Coming?

The Federal Government and several large banks are working on a way to help refinance mortgages that are under water. According to Reuters, government officials and big banks are working on a plan that would make refinancing available to some borrowers whose houses are worth less than their loans, so long as they are current [...]

Read the full article → October 18, 2011

CD Rates: Lots Of Cash, Where Is The Yield?

Americans are pumping money into bank accounts, sending deposits to record levels near $10 trillion on fears the U.S. economy is on the verge of another implosion. As a result, the national average on a 12 month CD is a meager 0.34% APY, according to Discover Bank’s website. And the Los Angeles Times reports that [...]

Read the full article → September 30, 2011

How To Get A Mortgage Now

The better prepared you are, the better mortgage and interest rate you will receive. If you are planning on applying for a mortgage or purchasing a new home it is best that you begin to prepare at least three months in advance.  Here’s how. Credit History First, make sure your credit history is being reported [...]

Read the full article → September 19, 2011

$150 Gift Card with New Credit Card – Daily Deal

Get a $150 gift certificate, and up to 2% cash back bonuses with The Discover More Credit Card. This credit card from Discover offers cash back rewards for every purchase.  In this case you get extra rewards for using the card at gas stations and restaurants.  Click here to apply.  Here’s the current offer: Free [...]

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Read the full article → August 29, 2011