Student Loan, College Loan, Auto Loan, Credit Card, Mortgage, Personal Finanace
 

From the monthly archives:

September 2008

Collateral for Loan

by R. MAK. on September 22, 2008

in Loans

An old Native American wanted a loan for $500. He approached his local banker. The banker pulled out the loan application and asked:

“What are you going to do with the money?”

“Take jewelry to city and sell it,” said the old man.

“What have you got for collateral?”  queried the banker, going strictly by the book.

“Don’t know of collateral.”

“Well that’s something of value that would cover the cost of the loan. Have you got any vehicles?”

“Yes, I have a 1949 Chevy pickup.” [click to continue…]

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How to Cut My Credit Cards : Make Boomerangs

by R. MAK.September 22, 2008 Credit Cards

Boomerangs are L-shaped objects that return back to the person who throw them in any direction. Credit Cards are made of rigid and virtually indestructible plastics and hence they are a good candidate for the job of making boomerangs. A quick look at this Wikipedia Article will give you a fair idea of boomerang basics.

This is much easier for all of us if we can explain the process with images. so i have put up some before and after images of a cute little boomerang made out of a stores card. It is more enjoyable when you do it with a valid card. expired credit cards are not that much fun to play with. leave them for your children to play with.

4 comments Read the full article →

10 Things You Should Know About Your Credit Card

by R. MAK.September 18, 2008 Credit Cards

When it comes to credit cards, American’s are least educated people around the world. Our knowledge about them comes mostly from friends and family or credit card sales people. After a long search on forums and blog comments I have come up with the list of 10 things that most of people should know about their credit cards and they don’t. It’s my contribution to help you learn more about your own credit card rights and providing you means and methods to protect them

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A Quick Guide to Credit Card Basics

by R. MAK.September 14, 2008 Credit Cards

Credit cards are a double edge sword. They can help make your life a financial heaven and hell depending upon how you use them. Following are some tips on using your credit cards wisely. The benefits of using your credit card wisely include but not limited to cash back, bonus points, airline miles and at best a great credit score. On the other hand if you decide to use them in an unwise fashion, you might end up in a mountain of debt.

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Get Out Of Debt Using Debt Consolidation Loan

by R. MAK.September 7, 2008 Debt Consolidation

The Great thing about debt consolidation loans is that they will sum up all of my debts and one monthly repayment is much lower than the sum of all the minimum payments I currently have to make to all of these credit card companies. I have only one due date to remember and only one check to write… It is a major stress remover indeed.

11 comments Read the full article →