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Refinancing? Weigh risks of debt consolidation - Business ...

Refinancing? Weigh risks of debt consolidation

Many financial experts advise against rolling credit card debt into mortgage




With mortgage rates still near historic lows, consolidating credit card debt in a refinance can substantially lower monthly expenses. Yet many financial experts advise against it.

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Take the example of JoAnn and Ray Katz. Three years after Ray...

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Related topics : loan pay credit card debt / loan consolidation credit card debt / loan credit card debt / debt consolidation home mortgage loan / consolidation debt loan mortgage refinancing

Pay $2,140 to borrow $950? That's how car title loans work ...

Pay $2,140 to borrow $950? That's how car title loans work

by Bob Sullivan, Columnist, NBC News



Desperate consumers who are out of borrowing options are using their automobiles as collateral and paying $3.5 billion a year in interest for the so-called "title loans," the Center for Responsible Lending said in a report issued this week. The average loan is $950, and borrowers...

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Related topics : car loan title max / loan car title collateral / loan car title / loan auto title / used car loan interest rate

Obama signs student loan bill lowering interest rates ...

President Barack Obama signs the bipartisan bill to cut student loan interest rates on Friday. Pablo Martinez Monsivais

President Barack Obama signed into law Friday a measure restoring lower interest rates for student loans, pledging the hard-fought compromise would be just the first step in a broader, concerted fight to rein in the costs of a college education.

Encircled by lawmakers from both...

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Related topics : subsidized loan interest rate / student loan rates / hard money loan interest rate / interest student loan / interest rates loan

Police Officer Killed in Utah During Pursuit of Stolen Car ...

West Valley City police, the department said in a statement.

West Valley City police Officer Cody Brotherson. West Valley City Police Department

The statement said Brotherson was killed while responding to a report of a stolen car. After an officer saw three people steal a vehicle from an apartment complex, a brief pursuit followed, and other police responded to the scene, the...

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Related topics : utah west valley police department / utah west valley city / utah west valley

Entire Italian Village for Sale on eBay - NBC News

Entire Italian Village for Sale on eBay


If you ever wanted a little slice of Italy, here's your chance. An entire alpine village is up for sale on eBay .


Italy's Haunted Island For Sale 1:31

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The auction for the town of Borgata...

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Related topics : village homes for sale in italy / village homes for sale