Personal Finance - October 2007

We have a mortgage of 118k over 23.5 yrs and a loan amounting to 14k over 3.5 yrs left. My mortgage payment is 689 at a rat of 4.99 and the loan is 389 at a rate of 4.2. I saw a financial advisor last night who said that i may be better off putting the loan onto the mortgage and paying the current loan amount ie 389 as an overpayment. He said that would save me an awful lot of money BUT, my plan was to keep the loan seperate so that it is not still effectivly there in 23.5 yrs. Je said that i should overpay for the same duration that the laon would run for ie 3.5 yrs. Does anyone have a proffesional opinion on this. Is he right?

2007-10-09 21:18:55 · 5 answers · asked by paul p 1

im a 16 yr teen dude if it matters.

2007-10-09 15:59:28 · 3 answers · asked by Anonymous

2007-10-09 15:31:33 · 4 answers · asked by stop global warming!!! 1

2007-10-09 14:06:34 · 6 answers · asked by HANNAH MONTANA 2

I am going through my last few days of spending and I've come across a tax invoice from when I went to the service station three days ago. When I was there I brought fuel cigarettes and a drink, and I know thats all I brought. But on the invoice it shows the drink was charged to me twice!

I know its just $3.90 and I should have checked when I payed for it, and its been tree days now. But I'm tired of being played!

Should I go and get my money back, you know thats criminal what they have done. I can't just let them have my $3.90 they owe to me can I?

What should I do?

And Why?

2007-10-09 13:59:56 · 9 answers · asked by Partly Shady 2

the debt payment i have on a credit card with boa is current but adding the interest and fees is making the debt more worse like am not getting ahead of it or anywhere anyway. so i simply want to negotiote on an reasonable amount i know i can now afford and just pay off and clear this debt once and for all. a bank of america employee told me this is worse off than bankruptcy. i don't believe him and i don't think this is true, right?

2007-10-09 13:37:09 · 2 answers · asked by toocool4skool 2

I won some money on IWon.com, and they are sending it to me in the form of a check. I entered only my first initial in the name field.

1) will they allow me to cash it at any bank, or do I have to have an account with the bank?

2) If I have my school I.D., will that be sufficient identification?

3) If the check were to bounce- what would they do?

2007-10-09 12:39:00 · 2 answers · asked by rubber314chicken 2

And they saying they never receive it .But when you call to trace it. They tell you it been cashed. Still i havent not receive my item .And i believe they have my money

2007-10-09 12:12:35 · 3 answers · asked by Anonymous

Frank abagnale took cheques to banks and then got money for them, but how did this even work? wouldnt they just see that the account numbers were wrong, wouldnt they see that he didnt even have an account. if he did make fake accounts then he would have to have money in the bank to get money for his fake cheques right? so to me this makes no sense

2007-10-09 11:21:13 · 1 answers · asked by joe carone 1

Hi, what is the upper limit of $$/yr allowed to transfer from one person to the other without having to pay tax?? thank you!

2007-10-09 11:08:54 · 1 answers · asked by Tsu-Fan C 1

If you have a preapproval for a mtg and have a contract for the sale of a house, can you still shop loan officers if you dont like their fees?

2007-10-09 11:03:15 · 2 answers · asked by myownsecretarydotcom 3

we are first time homebuyers and have a fixed 30 year at 7%, what is the quickest way to pay this off? a by-weekly plus some? a 15 year ?
thank you for any help and info

2007-10-09 10:55:38 · 4 answers · asked by TERESA B 2

I just got my new one and it's really funky!!

2007-10-09 10:43:11 · 5 answers · asked by Anonymous

Will the IRS find out?

2007-10-09 10:37:53 · 5 answers · asked by Anonymous

I bought my home 4 years ago, It is a 30 year mortage, intrest at 5.86 fixed. I pay $400 a month on a minimum of $350 a month.... I paid 46,000 for the home and I have about $40,000 left on the loan....Why is it taking me so long to pay it off and should I remortage??? Everyone tells me I would not find better intrest than I have now....I'm just wondering, how can you buy a car for $40,000 and get it paid off in less than 10 years but my house will take me 30!!!??? Please help, I'm confused. What do I need to know and do?

2007-10-09 10:27:21 · 5 answers · asked by Anonymous

2007-10-09 10:22:49 · 8 answers · asked by kmatyja 2

2007-10-09 10:14:55 · 9 answers · asked by Anonymous

And don't give me those " yeah i would return it stories.

I would take 20,000 my share for finding the bag and than i would returned it.

2007-10-09 09:52:39 · 42 answers · asked by MrRight 3

Ok so I bought my house this year in may, I put 13,000 down on loan. I had just taken out a loan to pay off all my credit cards and it has a high rate 23apr. I seen rates are real low for home equity at my bank. my question is.....even though I've only had my house 6 months can I get a home equity loan? also My loan has a prepayment penalty the first 3 years "lower the longer" , so would I still even be able to get a home equity loan? also would this be in my best interest to even do this?

2007-10-09 09:15:01 · 3 answers · asked by american_bulldog25 1

does anyone know when they start doing christmas loans??

2007-10-09 09:13:00 · 5 answers · asked by atxgurl 2

i am 20 years old, live on my own and have no financial help from anyone, i work and study full time, thankfully FAFSA covers my tuition, but other than that i work 38 hours a week and make 1200 a month, i have to pay 250 on rent cause i rent a small room, about 200 a semester on books, spend a least 60 on gas, 130 on car insurance, i spend about 100 on food that i buy at the market no eating out, send my siblling 200 and stopped having a phone, but i was unemployed for four months and before i knew it my bills between my credit cards and overdrafts and loans i owe about $2,700, i know its not huuge debt but nevertheless it is something that keeps getting worse and im afraid to let it get to the next level, i heard of consolidating credit but i would end up paying alot more than what i actually owe, and i need clean credit considering im afraid i might have an emergency some day and i dont have any more savings...help....what should i do???

2007-10-09 08:40:22 · 10 answers · asked by Anonymous

have to take some money out of bank and want to keep it around the house, but locked up so it wont go missing!

2007-10-09 08:00:05 · 4 answers · asked by ♥musiclover♥ 4

i need to save up atleast 2000 dollars becuase im going on a cruise and i need a car also but i spend ym money so fast i never have any to put away. ive been makeing around $250 every 2 weeks since june and i only have 200 saved how can i save up fast without spending it all?

2007-10-09 07:49:41 · 10 answers · asked by Carlie 3

2007-10-09 07:45:34 · 9 answers · asked by Anonymous

I was recently laid off and then my husband left me alone with a 16 month old baby. I am paying all the rent and bills by myself, but right now I have NO income until I get another job, which I am looking for. Ive taken out child support on him but its not going to go through for a couple months at least she said. Does anyone know of any state help I can recieve helping me out until I get back on my feet?

2007-10-09 07:45:12 · 2 answers · asked by Anonymous

2007-10-09 07:30:07 · 6 answers · asked by KayTayTee 2

2007-10-09 07:22:29 · 13 answers · asked by Anonymous

Despite the statistic, I am one of the so called 3% who is likely to be hit inheritance tax...

My mother and father bought a house in 1984 for 50,000 and have spent close to 500,000 over a 20 year period of repairs, resoration and improvement...

On current inheritance tax laws... if my parents die I will have to pay...

£520,000 in inheritance tax on the house alone...

I was going to include the maths, but thats for the house only, if your desperate enough you can figure it out.

I think its totally unfair that my mom and dad who have worked all their lives, hard, payed tax, national insurance for over 50 years should have half a million pounds of their value stolen by the government on their death.

We have looked into the Gift of Release loophole (which means your parents can sign property over to your for no tax assuming a single member of your parents survives 7 years following the contract)

However labour plan to abolish this option too

UNFAIR TAXATION!

2007-10-09 07:18:20 · 2 answers · asked by Anonymous

I am a full time employee, however xmas is just around the corner and i need to pay off some bills and start saving for a xmas gifts. If anyone that reads this lives in Charlotte, and knows a good way to make extra money let me know. i could work on the weekends from home. If anyone needs babysitting i'll do it. i'm reliable and have two boys of my own.

2007-10-09 07:16:33 · 2 answers · asked by BEATRIZ D 1

One of my parents makes that a year.
Is that a good account of cash a year or not.
Thank you

Salarys converted:

£60,000 United kingdom
$121,921 United states
EUR 86,599 Europe

2007-10-09 07:06:38 · 23 answers · asked by Anonymous