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Justin Pritchard

Banking / Loans December 2006 Archive

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Microlending For Profit

Thursday December 28, 2006
Microlending is making waves. The 2006 Nobel Peace Prize went to Muhammad Yunus for work related to helping people find their way out of poverty with relatively small loans. ... Read More

Floating Checks

Tuesday December 26, 2006
Check float refers to the amount of time it takes for money to leave your checking account. Check float helps to keep some people out of trouble, but it will ... Read More

Compound Interest Illustrated

Friday December 22, 2006
The goal of compound interest is to make your money work hard for you. The alternative, of course, is to work hard for your money. Which would you prefer? ... Read More

How Universal Default Works

Wednesday December 20, 2006
Universal default is a feeding frenzy that your lenders participate in. If you’ve got a universal default clause on one of your credit cards, you may have to pay the ... Read More

Gift Idea for Kids: 529 Plan Contribution

Tuesday December 19, 2006
Want to give a gift that will keep on giving? If there's a future scholar in your life, consider putting some money away for their future. 529 college ... Read More

How Two Cycle Billing Works

Monday December 18, 2006
When you borrow money with a credit card, there are a variety of ways they can charge you interest. One of the less favorable (for you) methods is two ... Read More

NFL Checks

Saturday December 16, 2006
Want to support your favorite team of touchdowners and tacklers? NFL checks are one more way to do so. More and more fans ask how they can get ... Read More

Microlending Creates Opportunities

Tuesday December 12, 2006
Microlending is the practice of granting small loans to entrepreneurs. In many countries, somebody can start a thriving business with a few hundred dollars. In the USA, microlending ... Read More

CD Penalties

Monday December 11, 2006
Got CDs maturing? Make sure you stay on top of them and make a decision quickly. If you don't, you might have a painful early withdrawal penalty. ... Read More

How to Fight RFID Snagging

Friday December 8, 2006
You've already heard about how RFID snaggers can get your personal (and credit card) information without your knowledge. How do you prevent this from happening? Most people find ... Read More

Basics of Internet Bank Accounts

Thursday December 7, 2006
While internet bank accounts can help you earn more interest, you have to make sure you get the right one. Compare the most common features of internet bank accounts and ... Read More

Watch out for 'Foreclosure Rescue' Scams

Tuesday December 5, 2006
A recent episode of the Wall Street Journal's Your Money Matters podcast warns that foreclosure rescue scams are getting popular. With a combination of risky mortgages, rising rates, and ... Read More

What's a Subsidized Loan?

Sunday December 3, 2006
Hate paying interest? Subsidized loans are loans for which the borrower does not pay interest. Interest would normally be charged periodically according to the annual percentage rate (APR). ... Read More

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