Dear Liz: I recently received a $38,000 windfall. I have a student loan balance of $37,000. I want to buy a home, but I can’t decide if I should have a large down payment and continue paying down student loans slowly, or make a balloon payment on my student loans and put down a smaller […]
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Q&A: Getting cash to pay medical bills
Dear Liz: I am 63 and retired from my full-time job last year since I have bad health. I work part time now and have tons of medical bills because of stage one cancer. I need additional cash. Is there some way I can get an advance using my pension check as collateral? In addition, […]
Friday’s need-to-know money news
Today’s top story: Disputing credit card purchases. Also in the news: Accepting money from parents, 3 investing lessons from the First Lady of Wall Street, and why the IRS wants a piece of your March Madness winnings. You Can Dispute Credit Card Purchases, But Should You? Use, don’t abuse. Ask Brianna: Should I Accept Money […]
Thursday’s need-to-know money news
Today’s top story: How mortgage life insurance works. Also in the news: The $184K mistake IRA savers could make, how to invest $200,000, and the pros and cons of booking through travel sites like Expedia. How Mortgage Life Insurance Works: Pros and Cons Deciding if it works for you. The $184K Mistake IRA Savers Could […]
Wednesday’s need-to-know money news
Today’s top story: 4 ways to ride the rising interest rates wave. Also in the news: Why you should set your own credit card limits, reasons why credit isn’t as boring as it sounds, and more than 1 million student loan borrowers are in default. Fed Rate Hike: 4 Ways to Ride Rising Interest Rate […]
Tuesday’s need-to-know money news
Today’s top story: When to consider a student loan lawyer. Also in the news: Why gutting the Consumer Financial Protection Bureau will impact your wallet, how much you should expect to pay when applying to college, and why you should try a credit union if you’re looking for free checking. When to Consider a Student […]