Congratulations go to NCN over at NCNBlog. He has done an amazing job of paying off all of his debt in less than a year. He’s celebrating, as he should be! Way to Go NCN! http://ncnblog.blogspot.com/2006/02/its-over-its-all-over-down-goes.html
Even the Navy wants to see more limitations for these types of loans. Apparently a high number of their sailors are finding themselves knee deep in debt with these places. Washington state has a cap of 391% APR for these loans. (They are short term loans at high interest that, when calculated out to an APR, really seem excessive). There are 36 payday lenders within
From the “Spend less than you make” department. Apparently Larry Ellison is having a little trouble with this concept. It feels good to dump on Larry a bit. Probably because, even with his “spending problems”, he makes more interest on his money in an hour, than I’ll make my whole life in income. Okay. Yes, that is jealousy talking a bit. http://www.sfgate.com/cgi-bin/article.cgi?file
http://seattlepi.nwsource.com/local/257094_studentloandebt26.html College debt is a problem. Check out this couple. They have over $350,000 in debt from college. Amazing!
I’ve often wondered what it would be like to float through my existence on this planet with complete and total ignorance. I wouldn’t know enough to worry about retirement. I’d simply spend to exist and not worry about what awaited me in the future. If I didn’t know any better, I wouldn’t worry about whether I’m saving enough. I also wouldn’t worry about losing my
I was surfing around on Fat Wallet and came across this post in the forum: “My gf has 80,000 in school loans (masters degree in Italian) and 12,000 in credit card debt. I just found this out today. We have been going out for around 8 months and all seemed great till now. My credit is pretty good, and I am wondering what the long
Arrrgggghhh I like to check my online visa statement every now and then when I log in to my credit union. While looking at it today, I noticed that I received a $41 charge from Vonage. If you recall, I canceled my Vonage account awhile back after I had been a customer for 13 months. When I called to cancel, the CR rep told me
The more time I spend browsing through all of the great personal finance blogs out here, the more I think about how it’s just too bad that so many people in the U.S. (and elsewhere for that matter), are so stressed out about their finances and could really benefit from reading these blogs. It’s too bad that they don’t take any interest in personal finance.
Ahh the true meaning of Christmas. I couldn’t help but think about all the debt that is being piled up in the spirit of Christmas when I saw this photo.
I read an arcticle in a small local paper here titled, “Cashing an Empty Paycheck”. The article talked all about payday loans in Washington state. They highlighted a person named Sonia who would write a post dated check for $795 to receive $700 in cash. It turns out that this is the maximum amount of money that someone can get from a payday loan company.