Business & Finance - 18 October 2007

Hello, I have 16000$ in credit card bills. I transfer 75% of it to other credit cards with lower interest rates and will save my self a few hundred dollars for like a year. Is there a downfall to this credit wise???
My old interest rate was 24% and my new rat is 3%

2. I transfer balance from all my bills in to 6 low rate credit cards. Is this a bad thing? Will i be paying more in the long run? Any suggestions?



Thanks!

2007-10-18 01:41:31 · 5 answers · asked by EL Nene Catracho 1 in Credit

I used to live in the UK (and a UK citizen) and received a large inheritance. I left the £££ in the UK and moved to the US where I now live (and now also a US citizen). If I want to bring back the £££ into the US, what taxes do I owe? Will I owe any tax on the inheritance? Or is tax strictly limited to the interest earned on the inheritance? No interest has ever been reported to the US.

2007-10-18 01:37:42 · 4 answers · asked by Dirty Deez 1 in United States

What I need to know is, and this needs to be answered with somebody that actually trades options for a living. The other day i was watching this stock in pre market trading it was up by 5 dallars or 5 points in pre market. i wanted to catch that move using options, i have been paper trading with option express. so i purchased deep in the money calls. and the last bid and ask, the price of the option was like 8.20 - 8.50 the last trading day, i put a limit order in for 8.60 before the market opened, i was up tremendous that day because of the price discrepancy. So my anserwer is, is this a flaw with option express, or can you put in a order in using options if you see a stock up or down significantly in pre market trading. to capture the move in within the intraday.

THANK YOU

2007-10-18 01:37:23 · 1 answers · asked by Anonymous in Investing

If I bought a large ticket item in Michigan to bring back to Ontario is there any way around the Michigan sales tax.

2007-10-18 01:35:42 · 4 answers · asked by Gary B 1 in Canada

I just bought my first home ever, and was setting up my utilities (gas/power). They told me I would get a discount of 20% off my bill if I set up my utilities as "Interruptible service".

Does anyone have this service or "had" this service? Does it really save you money?

In your experience how often do they interrupt your service and for how long?

Is it really worth it in the long run "Savings wise" to do this?

Any other information you can tell me about this?

I have this deal through DTE ENERGY in Detroit.

2007-10-18 01:32:37 · 2 answers · asked by Anonymous in Renting & Real Estate

I need this information to check that I am paying the correct council tax, we are currently in band C for a two bedroomed terrace house.
Thanks

2007-10-18 01:30:39 · 8 answers · asked by Molly 2 in Renting & Real Estate

me and a friend have an oral contract that he would pay me for the work that i do landscaping, i would get paid the same amount twice per month. He told me on oct. 16th that he could no longer afford me. We had an agreement that i would be paid twice a month until may. I would also do snow removal in the winter. i worked with him all last year summer and winter and he also gave me a bonus this spring for doing this for a year. he now does not want to pay because he says he cant afford to pay me through winter. Help!! I have reciepts from all the checks he has written me thus far. and also tax forms from 06.

2007-10-18 01:22:23 · 2 answers · asked by jasongub 1 in Other - Taxes

I want to know if and when this is put on my credit report, and how they go about getting their money. Is is taken from your tax return? It is a joint judgement, is is split or just taken from who ever files first, HELP>>>

2007-10-18 01:19:32 · 8 answers · asked by stacy d 1 in Renting & Real Estate

I'd also appreciate it if anybody knew of any other major developments in the Quant industry and how the industry is affected by them. Thank you!

2007-10-18 00:55:46 · 1 answers · asked by Ustadji 1 in Investing

2007-10-18 00:36:18 · 4 answers · asked by agm 1 in United Kingdom

Can any one advise me on the best mortgage at the moment, at present we are with Nationwide as weve been with them for 7 years now and im not sure if paying 5.9% is good at the moment, my husband usually deals with it and even he is unsure, we where advised to fix it for 5 years which only bought it down by £12 a month and our mortgage is £628 a month OUCH!!!!!!!!
PLEASE ANY ADVICE WOULD BE APPRECIATED.....THANK YOU ALL

2007-10-18 00:36:11 · 5 answers · asked by Gaynor 2 in Renting & Real Estate

2007-10-18 00:05:35 · 2 answers · asked by Anonymous in Investing