Monday, January 21

Financial Well-being


Want to improve your credit score? Want to cut your tax bills?  Like to tear up hundred dollar bills? (You're probably doing that). How about this:  want to wake up retired and without money?  Your Financial Well-being rules your life.  We put you in charge of the rules.

 

Is Now a Good Time for a New Mortgage or Refinancing Your Current Mortgage?

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Current mortgage interest rates in the U.S. remain low. If you're considering buying a new home, there are many of new and existing homes for sale.

Even though the economy has been picking up, the housing market has lagged behind. Several factors may play a role. The slowly recovering economy and concerns about job security have many people sitting tight. In addition, everyone has heard that loans are harder to get because lenders have tightened lending criteria and have less money to loan. That's not the whole story, however. Many lenders, particularly credit unions, are in good shape financially and are ready to make new mortgages or refinance existing mortgages for qualified consumers.

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Thinking About Home Improvement? What Do You Need to Know? Tips for Saving Money and Avoiding Rip-Offs

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In the spring, a homeowner’s thoughts turn naturally to home improvement. As sure as the flowers bloom, however, the thoughts of home improvement service providers—the good, the not-so-good, and the scamsters—turn to selling their services and wares to homeowners. How do you get the improvements you plan done right and at the right price? No matter the type and size of your project, from a “simple” paint job or roof repair to a home expansion, knowing how to define your project, find the appropriate financing if necessary, and locate and evaluate the appropriate products and contractors is a must. This report covers those basics step by step.

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Considering Debt Settlement? Why That's Probably a Dangerous Idea

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At the end of 2015, U.S. consumers' credit card debt had grown to over 900 billion dollars. Average household credit card debt is over $7,500. If you are struggling to manage debt, then ads like these may be tempting:

  • Eliminate 50 -70% of your debt legally. It's your right!
  • Pay off your debt for pennies on the dollar.
  • New government programs! Take advantage of free and easy programs for those in debt right now.
  • Stop harassing calls from debt collectors!

What's the problem with such "offers"? They are misleading and deceptive at best. At worst, they are fraudulent, abusive, unfair, and some are illegal. Signing up for them could leave you in worse shape financially than before. This report gives you the facts behind the claims of debt settlement companies and profiles better options for resolving debt problems.

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Manage Your Finances Digitally – Online Services are Quick, Convenient, and Secure

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How busy are you? Very! Isn’t that right? Most of our “to do” lists are a mile long. How would you like to save time on some repetitive financial chores while increasing security and benefits? Most people have online access to their financial accounts, but many are not taking full advantage of some major benefits offered such as direct deposit, electronic bill pay and even “paperless” statements. Take a moment to see how these services might work for you.

Take advantage of direct deposit

If you’re not using direct deposit, then you’re missing out on some important benefits. With direct deposit your paycheck, social security check, retirement check, or any other recurring check is electronically deposited into your account. You don’t have to wait for the check to come in the mail or go to the credit union or bank to deposit it. There’s no worry that the check might get lost in the mail or stolen from your mailbox. You also get your money more quickly. With direct deposit, the funds are typically available the day the deposit is made.

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What Will New Credit Card Regulations Mean for You?

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In late August 2009 and February 2010 the new credit card rules designed to protect consumers took effect. They are part of the Credit Card Accountability, Responsibility and Disclosure Act of 2009, often called the Credit Card Act 2009. This legislation  provides new protections for consumers by providing for better disclosures about credit card terms and curbing some of the worst practices of the credit card industry. What do the new regulations and card issuers’ actions mean for you and your use of credit and credit cards? This report gives you an overview.

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