Does Applying for a Balance Transfer Offer Affect Your Credit Score?

About two weeks ago, I signed up for GoFreeCredit. With this program you get access to your credit scores from TransUnion, Experian, and Equifax. I had recently signed up for myFICO’s free credit score program, and I wanted to compare the two. One thing that I immediately noticed was just how many credit cards I […]

Redbox Review – Can It Compete With Blockbuster and Netflix?

Redbox Automated Retail LLC began its quest to provide cheap and easily rented DVD’s in 2004 when it opened a couple dozen kiosk locations in Denver, Colorado.  Owned and operated by McDonalds, Redbox was initially placed within fast food locations as a quick and cheap way to rent a DVD.  Simply swipe your credit or […]

Insider Trading Doesn’t Have To Be Illegal

Six high profile employees of hedge funds, IBM, Intel and the consulting firm McKinsey were arrested for insider trading.  The case against them stems from a 2007 earnings report released by Google in which quarter profits were lower than expected.  It would seem that someone at Google released this information a little ahead of time, […]

Is Your 4 Year Old Taking Advantage of the $8,000 Home Buyer Tax Credit?

One of the key provisions of the $787 billion stimulus package passed by Congress early this year is the $8,000 First Time Home Buyer Tax Credit.  With real estate in the tank, the United States government thought a great way to stimulate the economy and the housing market would be to offer a one time […]

SEP IRA Contribution Limits for 2017

A few years ago I set up an SEP IRA, a retirement account designed for self-employed individuals and owners of small businesses. Frankly, it’s one of the best kept secrets for the self-employed. A SEP IRA works similar to a traditional IRA or 401(k). Contributions are generally 100% tax deductible, and investments grow tax deferred. Withdrawals […]

Conforming Loan Limits for Dummies (meaning me)

As I mentioned in an earlier article, we recently undertook what turned out to be a failed attempt to refinance our home loan. In the process, we learned just what a confusing mess the mortgage industry is, including convoluted rules that include various loan limits set by Freddie and Fannie. These are the government run […]