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4 selected articles

Is Debt Consolidation a Good Idea? - ReadyForZero Blog

Is Debt Consolidation a Good Idea?

29 Feb 2012 by Ben

If you're in debt, you may have asked yourself: "Is debt consolidation a good idea?" In this post we'll help you answer that question by explaining how a debt consolidation loan works, what the alternatives are, and describing when debt consolidation can help you and when it will not.

After all, being in debt is a no fun. You need all the...

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How Does Car Loan Interest Work? - ReadyForZero Blog

Car Loans Use Amortization

Car loans use the principle of amortization, similar to the way a home loan is paid down. This means that at the outset of your loan, a greater amount of your payment goes toward paying the interest on your loan, and less goes toward paying down your principal.

As the loan term progresses, though, the balance shifts. More and more of your payment goes toward principal...

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Related topics : car loan bad credit interest rate / used car loan interest rate / car interest rate loan / interest car loan calculator / interest car loan

So What REALLY Happens If You Default on Your Student ...

With many young graduates carrying anywhere from hundreds to hundreds of thousands in student loan debt, students are currently facing a mountain of a financial challenge. On top of already high numbers, student loan debt is a sticky kind of debt... as in it stays with the borrower or cosigner no matter what.

There's no declaring bankruptcy should you find yourself in over your head.

There's no...

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Related topics : get student loans out of default / student default loan / student loan debt credit report / student loan debt credit score / student loan debt consolidation

Mortgage Interest Tax Deductions You Can't Afford to Miss ...

Mortgage Interest Tax Deductions You Can't Afford to Miss

1 May 2013 by Ben

Mitchell Fox is a Tax Nerd and the Co-Founder of  GoodApril , a site that provides consumers with online tax planning and tax advice services and offers a free "Tax Checkup" to help you identify actions you can take to reduce your taxes. You can follow Mitch on Twitter at @mitchellwfox or @goodapril.

Your home loan is...

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Related topics : interest home equity loan tax deductible / interest on home equity loans is tax deductible for consumers / interest home equity loan deductible / home equity interest deduction limit / home equity interest deduction