When is the Best Time to Utilize Cash Out Refinancing?

At the height of the housing market boom, it seemed like every homeowner was taking out a home equity line of credit or performing cash out refinancing. Cash out refinancing isn’t quite as common these days, but it can still be a useful tool. Before you decide whether cash out refinancing is right for you, […]

What is Tax Form 1040 Schedule B?

If you have a savings account, mutual fund, bonds, dividend-paying stocks or any interest-bearing account, you may need to attach a Schedule B to your Form 1040 (tax return) come spring. Filers are generally required to fill out a Schedule B if interest and dividend income from all sources exceeds $1,500. You’ll also need to […]

How Does the Making Homes Affordable Program Work?

The Home Affordable Modification Program, which aims to stabilize the housing market and help homeowners who are struggling to pay their mortgages, was introduced in February 2009 as part of Obama’s Financial Stability Plan. The Financial Stability Plan attempts to address the key problems at the heart of the current economic crisis and to get […]

The DoughRoller Weekly RoundUp (Citibank Selling Student Loans Edition)

In another moved fueled by the US Government, Citibank has decided to sell off it’s student loan business.  The reasoning behind the move is simply to strengthen the core of Citibank (meaning the online and brick and mortar baking aspects) while removing all of the smaller components of the bank.  While it’s unclear just how […]

The Best Secured Credit Cards of 2017

Secured credit cards offer those with limited, poor, or no credit a chance to get a credit card. The best secured credit cards offer low fees and a chance to build credit. The help consumers build credit by reporting the monthly credit card payments to the credit bureaus. A secured credit card is different than […]

The Lost Art Of Balancing Your Checkbook

With the advent of online banking, balancing one’s checkbook has become a thing of the past. Those who grew up in the Internet age have little to no clue what a check even looks like. For the most part, Generation Y has used debit cards and credit cards throughout most of their adult lives and […]