Although many claim that the US recovery has begun, there is still fear among economists and forecasters that what seems to be a recovery, is actually only a deceiving break from the recession before an even greater storm. The reason for the fear is the fact that the temporary economic boost that we are currently [...]
Archive for August, 2009
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7 Steps to Own a Home without Going into Financial Turmoil
August 16th, 2009 
Elisheva Wiriaatmadja Buying a home, regardless of it being your first time or not, can be very challenging. There are numerous things to consider which makes the process both nerve-wracking yet exciting at the same time. However, did you know that buying homes often lead people to go into debt? This is because for many people, buying [...]
The Whole Student Loan System — A Joke?
August 14th, 2009 Elisheva Wiriaatmadja Back in July 2009, the House Committee on Education and Labor was marking up a bill that plans to stop government subsidies to banks and lenders for student loans. Beginning July 2010, student loans can only be given by the government’s direct lending program through the Department of Education. By doing this, it would save [...]
3 Reasons Debt Settlement is Better Than Debt Consolidation Loans
August 12th, 2009 Elisheva Wiriaatmadja There are more and more consumers who find that debt settlement is by far more effective in getting rid of credit card debt than debt consolidation or a debt consolidation loan. There are many reasons to this of course, just as there are many reasons why people are trapped deep in debt in the first [...]
How To Speed Up The Mortgage Modification Process
August 12th, 2009 Elisheva Wiriaatmadja Obama’s mortgage modification program to help homeowners save their homes from foreclosure has produced less than stellar result so far. Since it was announced early this year, mortgage holders have strongly criticized the slow response by mortgage lenders. There may be many reasons for this but one of the main reason is the lack of [...]
Qualifying for the best Mortgage Rates
August 11th, 2009 Elisheva Wiriaatmadja The first thing you would think of when applying for a mortgage is spotting and becoming eligible for the cheapest possible mortgage loan. Although it seems to be difficult to do so, with the right tools and basic knowledge you will arrive at the best mortgage plan. Here are 3 basic tips that will help [...]
Your Bank’s Unfair Debt Collection Practices
August 10th, 2009 Elisheva Wiriaatmadja Your bank, lender or loan servicer is probably violating the Fair Debt Collection Practices Act all day and every time their employees or representatives contact you about your loan during the foreclosure process or loan modification efforts. Did you ever think about that?
How to Find A Legit Loan Modification
August 9th, 2009 Elisheva Wiriaatmadja If you are one of the millions of families in the United States that are struggling to save their home and manage to make their mortgage payments every month, some relief by the Obama administration is indeed available. However, as sad as it sounds, there are shady loan modification shops preying on these struggling families [...]
Auto Insurance for Pennsylvania
August 6th, 2009 Elisheva Wiriaatmadja There are strict requirements by the Pennsylvania Department of Transportation (PennDOT) regarding the minimum liability insurance needed to drive in Pennsylvania. If you are thinking of moving there, getting a Pennsylvania car insurance would be something you should look into. The minimum liability insurance coverage in PA should include a minimum of $15,000 in coverage [...]
