The offer of a zero-interest credit card can look enticing when it arrives in the mail. Who doesnt want to avoid paying interest on credit card charges?As with most things in life, there are pros and cons to using 0-percent credit cards. Here are some facts to consider Continue Reading
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Reverse mortgages allow seniors to access their home equity to cover living expenses.However, some seniors might later decide to move closer to family or need to go to a nursing home.Selling your house with a reverse mortgage is similar to selling a home with a standard Continue Reading
Owing more on a car loan than the car is worth"called being upside down on a loan"can make buying a new vehicle difficult.The negative equity can mean getting less for your old car at trade-in, or coming up with the extra money to pay off the old debt. Cars depreciate Continue Reading
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When we think about lottery winners, we likely imagine new cars and mega-mansions. But according to a recent survey conducted by the National Foundation for Credit Counseling (NFCC), most of us would actually use our lottery winnings to pay down our debt.Among the 1,729 Continue Reading
