So we may spend more time with our respective families this holiday season, we will be putting Money Stuffed on hiatus until January 10, 2006. We hope you all have a most joyous holiday season.
We wish you a Merry Christmas, Happy Hanukkah, and a Joyous Kwanzaa.
Popularity: 34% [?]
Many newcomers to personal finance find themselves in trouble with credit card debt and loans. They try to find ways around debt, often declaring bankruptcy to get out of paying them. Other times, people try to ignore the problems, hoping they will simply go away. Ignoring debt and credit problems is not a solution. Instead, it is important to prevent problems by understanding how loans and credit work.
When you borrow money, from either a bank or a credit card lender, there are two ways to do so. The first way is known as a secured loan which is when you put down collateral for your debt. If you fail to pay this loan, your collateral, often your home or car, is taken from you. The other loan type is known as an unsecured loan. For this type of loan, there is no collateral securing the debt.
Popularity: 37% [?]
The fine print on gift cards and your state laws pertaining to gift card expiration dates and fees are key to overcoming gift card frustrations. If all else fails, your state’s escheat laws may save the day, albeit a few years later.
Popularity: 45% [?]