Personal Finance - October 2007

What are the major "low" lending standards that has caused the "sub prime" mortgages crises?

2007-10-14 05:05:44 · 4 answers · asked by socialanimal 2

2007-10-14 04:30:06 · 2 answers · asked by Thomas E 7

I have a car I need to get rid of. I can afford the payments but some things have come up and Im barely able to make payments. I was going to sell it but I would still owe about 3,800 to the bank. How bad will this hurt my credit if I just give it back to the bank.

2007-10-14 04:27:11 · 3 answers · asked by KMGSP 2

2007-10-14 04:04:27 · 1 answers · asked by centrino21 1

Need some honesty please. I'm 30, we have 4 small children. Husband used to have great paying job, but a lot of stuff happened, and we moved back home anyway, so now the job he has is just above min. wage. He has got good raises, and he seems comfortable with it, but it's a convienient store. My opinion, you can't support a family working at the local 7-11. He gets angry if I mention finding a better job with insurance. I have my associates degree and currently work retail. Been stay home mom for 6 years ( I was able to) but it's hard for me to find something. I look everyday though. I want something better. I'm looking into banking. I try to explain to him that we will never be comfortable financially. I can't afford to give my kids money for the book fair, buy their school pictures, buy new clothes, have to budget for 2 months to afford winter jackets. He feels we'll be fine once we catch up with bills. Well, there will still be no money for anything other than bills.

2007-10-14 03:04:28 · 7 answers · asked by trcyddy 2

I have just begun to read up on Health Savings Accounts, and I think I like what I see... I would like to hear what people who have them say... and can they be made available, even if your company offers other health insurance plans?

2007-10-14 03:01:34 · 3 answers · asked by Vman 2040 3

I've heard its illegal to buy one but some websites are selling. But it says for educational purposes only. Wouldnt it still be illegal.

2007-10-14 02:11:23 · 4 answers · asked by DaneMaricich 3

how can I find out my legal rights. Thank you.

2007-10-14 01:56:29 · 2 answers · asked by Ved 1

I currenlty have (3) "closures" listed with "Chexsystems" and need to open an alternate checking and savings account until I can get my past credit and financial problems resolved.

I am seeking a fresh start and need your help!

2007-10-14 01:40:43 · 6 answers · asked by PETER 2

thnx 4 answering

2007-10-13 23:11:58 · 12 answers · asked by Anonymous

2007-10-13 20:59:50 · 9 answers · asked by christopher l 1

I know I should visit a branch but I don’t have time so I decided to send them a signed letter to close the account.

Does anyone know what should be included in the letter? How do I write it? (I’m not good at writing…)

Thanks :-]

2007-10-13 20:01:54 · 5 answers · asked by K 1

I have a 2 big credit card balances, totaling about 8k with high APR's. I found a loan that could pay them both off with some left over. The payments for the loan are less then what I pay monthly for the two of them seperately. Should I go for it, is there anything about the loan I should know or consider. Thanks in advance for the advice.

2007-10-13 18:05:04 · 3 answers · asked by kim45237 4

First of all, let me say that I don't want to dump him. He is sweet, charming, caring, funny and smart. He is also extremely frugal--when it comes to his own finances. He has a 18 year old hunk of junk car and he lives in a cheap apartment in the worst part of town. His socks have holes, his bedding has the stuffing coming out of it, he cuts his hair twice a year, and I don't think he's gotten a new pair of glasses since 1993. Simply put--he's cheap. He also makes 3 times the amount of money that I do. But, when we go out--somehow I end up paying for HIS $24.95 lobster dinner with wine and MY $7.95 hamburger and coke. We have holidays in a month, and I've told him the max I can spend is $700. He wants to go to Europe. I've told him to go without me many many many times. I have no problems with staying home and vegging, if it means peace of mind. Now we're fighting because I can't live up to his ideal lifestyle. What should I do?

2007-10-13 17:17:01 · 9 answers · asked by Jennifer M 2

Need to defend a resume that includes 2 layoffs from 7 jobs. Would like to know if 2 lay offs in 18 years is above or below average.

2007-10-13 14:34:28 · 2 answers · asked by BMurv 1

I owe $103.33 for loosing a textbook i left on the school bus, I called the bus company 6 times, wrote several emails to Deans, the Principal and the Super Intendent if they had any information about the whereabouts of my book, I checked the lost and found every day for 3 and a half weeks, and ate no lunch to save enough to pay off my debt for 5 or 6 days, after saving 25 dollars my mom stole half of it, the rest i spent while I went with my friend somewhere, now I have a 0 dollar balance and I dont know how to pay this 103 dollars without not eating lunch, i told my parents i owed 20 dollars and even then they tell me to look for the book, if i told them the true story they would probably slap me then never pay it until the bill came to pay it. Then they would shout and hit me again and keep telling me to look for it. What can i do to pay this debt without getting beaten or starving myself? Can someone please help me. Please.

2007-10-13 12:47:48 · 7 answers · asked by Anonymous

2007-10-13 10:47:37 · 3 answers · asked by scootertrash88130 1

2007-10-13 10:27:06 · 3 answers · asked by Anonymous

I just get contest entrys

2007-10-13 09:52:47 · 12 answers · asked by Grand pa 7

It appears that retailers who issue Western Union Money Orders don't necessarily have to cash them. I have been everywhere in my town to find a place that will cash this piece of paper. I don't have a bank account because I was under the impression that money orders were used mostly for people who don't have accounts with banks. I have urgent bills to pay. If you have any ideas it would be very helpful. I live in
Hyannis, MA 02601

2007-10-13 08:24:02 · 6 answers · asked by andream_1_9_8_2 1

2007-10-13 07:32:38 · 6 answers · asked by The Global Geezer 7

so far I have 23.33 and I would like to buy an iPod for my brother how can i rise more money by Christmas with out a job

2007-10-13 06:32:26 · 3 answers · asked by Mel 1

According to what she wrote she was a cancer patient and she wanted to spent her whole wealth on charity work since she did not have a child of her own.She chose me to do this work for her.she said 30% of the wealth will be my share if i help her.she gave me id of her attorney and told me to contact him for further detatails.is it a scam

2007-10-13 06:28:09 · 5 answers · asked by riya 1

well im thinking of something i can doo could you give me any ideas please but i dont want to e bored in my job but i need the money
SOMETHING I DONT HAVE TO STUDY too LONG FOR EITHER ?

2007-10-13 06:21:57 · 24 answers · asked by Anonymous

Hi All,

I just moved to another company and want to roll over the money my 401k account from the previous company to my scottrade IRA account. Is there tax penalty to do so? How to do it? Every answer will be appreciated.

Thanks,

2007-10-13 05:41:53 · 10 answers · asked by JOE 1

I've been on the internet and there are so many websites to geo to and they are all asking for a fee. How do I know if these web sites are not fraud. I actully called on and the gentleman was very nice and took alot of information, but when he ask me for my credit card number or bank info I told him no and he hung up. I really need help with my credit and I thought I would apply for a grant. Im a single-black parenet and I've herad about all the differnent types of grants but don't know how to go about getting it.

2007-10-13 05:10:44 · 2 answers · asked by Paulette S 1

I have this freind and he is past 40,and has done nothing for a job except flip burgers and deliver pizzas. He bought a house over 2 years ago and
lives alone.His mortgage is $700.00 per month.
He is now having so much money trouble he got
his cell phone shut off,internet cut off,cable TV cut off. Whats next.I ask him what is wrong? He says Tips are down right now. Doesn't most pizza places
charge like $1.50 delivery charge and most that goes to the driver for a tip?
I told him to get a better job,What is he going to be able to find with his kind of work experience?
I think he is doomed.Also has 20K in credit card
debt and his car is a 1991 Ford on its last leg.
It looks its going to take a miracle like winning the
lottery for him to get out of this mess. He is also
a 2 plus pack a day smoker and has trouble breathing.

2007-10-13 04:59:23 · 7 answers · asked by doulasc 2

I would like this question answered with a view to all ages and all regions of the world as well as professionals outside the financial filed.

2007-10-13 04:03:25 · 5 answers · asked by ogbua 1

I have a 30 year mortgage fixed @ 5.25%... I owe $211K on it. I currently have $530K invested in stock market. As far as risk tolerance in market, I am at higher level..... I am 42 with no other debt and make around $100K a year. What would you do?

2007-10-13 03:27:12 · 9 answers · asked by TriSec 3

I signed up, but it is hard to trust them. I only invested $50 in it, and will not invest anymore until that $50 starts making some kind of a profit. Does anyone else have experience with the site? Let me know what you think.

2007-10-13 03:20:57 · 1 answers · asked by Anonymous