Personal Finance - October 2007

2007-10-03 07:34:59 · 3 answers · asked by hoang oanh d 1

2007-10-03 07:16:25 · 0 answers · asked by Anonymous

My husband and I have been trying to lower and eventually eliminate most of our debts. I have found a problem and need some opinions. Our home mortgage or our car loan--which do we work on eliminating first? Our home--currently owe $7,500 with 10.25% interest with 175min monthly pymnt. Our car--currently owe $8,300 with 7.990% interest and min monthly 292.
I keep getting different ideas from reading articles on the net about which is better to payoff first--pay your car off first so you won't be "upside down" if you decide to sell, payoff house first so you don't ever have to worry about foreclosure on your home, snowball debt, pay high interest first, etc, etc, etc.
We only have 1 credit card and we have been actively working to eliminate it and should do so by the end of this year. We will then have an extra 350 each month to put towards either home or car, suggestions??

2007-10-03 05:27:46 · 8 answers · asked by jilldaniel_wv 7

If anyone could, please give me an ideal of what a 401k plan is. Thanks.

2007-10-03 05:08:00 · 3 answers · asked by LabStudent0 1

i owe the irs 4000, personal loan 1000, and credit card 500. i really want to pay off the irs, but i don't have that much cash upfront to pay it off right now. should i take out a loan? i don't know what to do...

2007-10-03 05:01:27 · 9 answers · asked by Anonymous

I have some high interest credit that we can never seem to pay down. We have not added to the balance in over a year though and I am more than willing to cut them up. Should I borrow from my 401K and pay myself back at 8% interest to pay off the cards?

2007-10-03 04:53:15 · 6 answers · asked by RightLight 3

What are my options ? Can banks do this ? They say they are doing it for security reasons, but if that is the real concern why cant they simply close it and deposit the proceeds into my checking account ?

2007-10-03 04:45:41 · 4 answers · asked by Kevin 1

My financial situation is such that I may need to file bankruptcy. I am starting a new job and as it is a small company I may need to get health insurance on my own instead of through the company and the employer will reimburse me for a portion. I am wondering how filing Chapter 7 Bankruptcy will affect this, if at all. Any assistance would be VERY helpful. Thank you!

2007-10-03 04:40:21 · 5 answers · asked by suprstrchic79 2

2007-10-03 04:00:00 · 4 answers · asked by Kathy M 1

It is becoming a problem now 'cause my husband is now getting mad at the money I am spending!!! My feelings are it saves us money 'cause I would spend more in the store......
I am xmas shopping for our kids and clothing for the kids...it is not unnecessary shopping but he doesn't see it that way!!!

2007-10-03 03:26:22 · 8 answers · asked by krisreichwein 2

I need to pay off about $!,000.00 worth of bills. I have a CD that is about to mautre in 2 months. I'm thinking of cashing out the CD to pay off the debts and remove the noose from my neck. My friend is telling me to use the power of leverage on this one. She says use the CD as collateral, get a small loan, pay off the debts, and still have my money basically in the bank. She says this is a better way than just taking the money paying bills then I'm left with nothing startina ll over from scratch again. Can I do what she says and does this method make sense?

2007-10-03 02:22:33 · 2 answers · asked by installerwanted 1

2007-10-03 02:22:13 · 8 answers · asked by Anonymous

2007-10-02 23:47:22 · 8 answers · asked by duygumkar 1

I need to really focus on building up a retirement and don't know what the difference in these two are.

2007-10-02 17:08:37 · 4 answers · asked by icunurse85 7

I opened a personal line of credit with the bank, but didn't realize what it was. I was thinking to close it, however, I was told that it would make my credit report look bad if I did that. Is it good to have a personal line of credit, if you are not thinking to use it anytime soon. I'm not to sure how that works. Thanks for any advise.

2007-10-02 15:33:11 · 5 answers · asked by pawdog530 3

2007-10-02 14:50:53 · 9 answers · asked by csailor1234 1

2007-10-02 14:36:30 · 13 answers · asked by Anonymous

I usually get paid weekly on a Wednesday but today I checked my transactions and it didn't go through. Could this be because there was a public holiday on Monday and it will need an extra day for it to process? I can't call my boss up right now because he doesn't work during the day.

2007-10-02 14:00:52 · 3 answers · asked by ♤ 5

ok im 12 and my family is traveling to europe next summer and were not the richest but were not the poorest. so we need to save $$$. my mom suggested we do get each other anything for christmas and that is just not cool for me!!!!!!!! my favorite time of christmas is waking up early and opening presents. is there any other way to save money so we can have christmas. its not like im selfish but i love presants. i been looking forward to presants all year!!!!!!!

2007-10-02 13:44:52 · 4 answers · asked by ☼mexican chica☼ 1

2007-10-02 13:41:38 · 4 answers · asked by M 1 A . 5

Me and my mom were just discussing swiss bank accounts.. for fun, really.. just wondering about them. My mom guesses that if you have a swiss bank account (and you live in the US) there would be no need to disclose it in the US.. I disagree. I say that the US wants/needs to know all of your "income." These are just guesses, and as I mentioned, just for fun (saw it in a movie, and then we were talking about it afterwards).. but does anyone actually know anything about it? I kind of want to prove that I'm right, hehe.

2007-10-02 13:29:12 · 5 answers · asked by Emo B 5

(vets only make 70'000 tops)

2007-10-02 13:25:06 · 4 answers · asked by jay j 1

2007-10-02 13:15:14 · 4 answers · asked by rick 1

My wallet fell out a week ago at the movies, looked everywhere and its gone..

It had DL, SS Card, Debit, and insurance info and Dr. appointmennt notice.

I canceled alll debit and credit cards, ordered a new drivers license, and put a fraud warning on all my credit. As far as the social security card (it was the original), not sure what to do. They do not have a fraud hotline unless you are already a victim. Nothing has happened with identity fraud since a week.

Is there any other steps you would recommend to protect my identity? Thanks.

2007-10-02 13:11:13 · 2 answers · asked by asdf39873837 1

i ask because the girl who scanned it had an attitude problem, and im thinking maybe she didnt scan it, they say it should be there within 3 working day, i had it scanned on friday 28 sep, checked online today and no payment made. Should i be worried and start inquiring in the morning?

2007-10-02 12:56:50 · 5 answers · asked by MoeJoe 2

My boyfriend makes roughly 45k. He has about 20k in debt including 2 car loans and mainly credit cards. He is never late or in bad standings with any of these loans and cards and usually pays over the minimum. We would like to getting in the process of purchasing a home next year, so he's trying to eliminate some of this debt because he learned he's only at average with his credit score. He was thinking of doing this via a personal loan and pay off everything and then only pay the loan. However, he's tried three different places and everywhere tells him no. I'm not understanding the problem and don't know what else to tell him to try? Or what to say to keep his head high that our dream of owning a home will come true? Will it help any if we do a loan together? Combined we are at 55k and I only have meger credit because I only have one card because I havent established credit I can't really obtain credit, but would I help him out any?

2007-10-02 12:36:11 · 6 answers · asked by snwangl82 1

I can't find a template for a letter. I need something about 'satisfaction of debt'. Can someone point me in the right direction to get a template for this type of letter?

2007-10-02 12:24:26 · 2 answers · asked by crash41 1

I know bankruptcy should be a last resort but some people have different personal limits. I would like to know your personal answer.

What's the least amount of debt it would take for you to make the decision to file bankruptcy? And what is your annual income if you don't mind?

2007-10-02 12:18:14 · 10 answers · asked by Anonymous

I have racked up about $10,000 in credit card debt stemming from college and medical expenses. What is my best option as I am still a student and working with a very limited budget? Are there hidden catches to debt consolidation companies; if so what?

2007-10-02 12:11:30 · 5 answers · asked by Anonymous

I am a stay at home mom right now and I would like to earn a little extra gas money or whatever money and I'm really good at inputing and data entry and I want to work as one at home. But, I can't find any jobs that are absoultely free. No fees, no memberships, no reembursments, ect....just for me to sign up and get to work...I have come across one or two site but they have waiting list and God knows how long that will be...so, does anyone have any thoughts or sites they could share with me or that might help me out? I greatly appreciate it. Thanks! By the way please don't be sarcastic with ur answers and I only want serious ones please.

2007-10-02 12:10:23 · 4 answers · asked by muzikgurl_19 3