Hit hard by the mortgage crisis and resulting credit crunch in the past few years, banks have been much more reluctant to lower APRs at a customer’s request. That doesn’t mean it can’t be done. It simply means that you’ve got a lot more work to do before you make that call – and be aware of the risks associated with doing so.
While the EU bailout has helped restore confidence in the markets for now, economists and market analysts are already questioning the sustainability of this move, calling it a short-term solution to a long-term problem. How does that affect you, the consumer?
High-interest credit-card balances, crushing mortgage payments, student loans, car payments: if you feel like you’re barely holding your nose above water at the end of the month, it may be time to consider debt consolidation.
He really can, it turns out. After more than a year of fiery debate on Capitol Hill and heated town hall meetings throughout the country, President Obama is finally getting ready to sign off on the centerpiece of his political agenda – the health care reform bill.
The House of Representatives passed the historic bill late Sunday with a 219 to 212 vote. (Not a single Republican voted Yes and 34 Democrats voted No.) A companion bill now heads to the Senate floor and, after an expected approval vote, goes to President Obama’s long-anticipated signature.
A long-standing, not-so-secret mantra for the most efficient and effective people is “saving time via the delegation of tasks = saved money”. Optimizing the use of your time and focusing on your most high-value strengths not only allows you to reduce the hectic payload on your life but potentially allows you to increase income and stockpile more money.