Unhappy with Your Credit Card? Complain

Yesterday, the Consumer Financial Protection Bureau released data on complaints it has received from consumers about credit cards. Recall that the CFPB enables consumers to file complaints about mortgages, credit cards, bank accounts, car or consumer loans, and student loans. The data was interesting for several reasons. First, there weren’t that many complaints. In total […]

Want Cheaper Car Insurance? Move

It’s common knowledge that where you live affects your car insurance premiums. People in Manhattan will pay more for insurance, all things being equal, than in most rural towns in the mid-west, for example. But a new study by CarInsurance.com shows that even moving a few miles away from where you currently live can have […]

Mortgage Discounts Points and the 5 Year Rule of Thumb

Recently I wrote an article on how big of a down payment you need to buy a home. Today we’ll look at a question that has perplexed a lot of future homeowners–should you pay discount points to lower your interest rate? Discount points act as a type of prepaid interest on your mortgage loan.  Each […]

3 Reasons To Avoid Credit Card Cash Advances

I‘ve used a credit card to get a cash advance once. I was in college traveling in New England and ran out of money. And it cost me a fortune. A cash advance allows you to get cash from your credit card in one of two ways. First, if you have created an ATM PIN […]

Comparison of the Best iPhone Plans

I hate my Motorola Droid X. I bought it through Verizon Wireless before they offered the iPhone. And I’m now looking to switch back to Apple. The big question is whether to wait for the iPhone 5. But I’ve started researching who has the most affordable plans. Recently, both Virgin Mobile and Cricket announced that […]

How Big of a Down Payment Do You Need to Buy a Home?

When we bought our first home back in 1993, we did so with a down payment of five percent. A few years ago, you could find home loans that didn’t require any down payment. Since the real estate market crash, lenders have tightened their underwriting requirements again, and zero-down loans are for the most part […]