LOS ANGELES (Reuters) – Student loan borrowers who feel trapped by high-rate private loans finally have more options to refinance their debt, but not everyone will be able to find relief. In January, Citizens Bank became the latest to offer private consolidation loans that provide lower and sometimes fixed rates to borrowers with good credit […]
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Monday’s need-to-know money news
Today’s top story: What to do with those savings bonds you received as a kid. Also in the news: Teaching your kids about personal finance, tips on becoming debt free in 2014, and when you can finally say goodbye to the old debt lingering on your credit report. What to Do With a Childhood Savings […]
Friday’s need-to-know money news
Today’s top story: How to get ahead at work. Also in the news: Saving for retirement in your 20s, avoiding tax filings scams, and how usury laws protect consumers from illegal interest rates. Want to Get Ahead at Work? Be a Mindreader Become your company’s Kreskin. Advice for the 20-Somethings: Start Saving For Retirement Now […]
A whole lot of shredding going on
Tax season has begun, which means it’s time to start organizing paperwork–and purging files. When I wrote “Easy Money” in 2007, I was this close to paperless nirvana. Our bills were paid automatically, most of our statements were electronic, and I looked forward to the day when my file cabinets would be so empty they […]
Wednesday’s need-to-know money news
Today’s top story: Could your job search be impeded by medical debt? Also in the news: Easy steps for a complete money makeover, the future of identity theft, and details on the new MyRa retirement savings plan. Could Your Medical Debt Keep You From Getting a Job? Not if Senator Warren has her way. 9 […]
Reverse mortgages: No longer a last resort?
Many financial planners view reverse mortgages as a last resort—expensive and unwise except for those who have no other options. Recent research and changes in the federal reverse mortgage program are starting to change those views, planner Michael Kitces told a group at the AICPA Advanced Financial Planning Conference in Las Vegas last week. It […]