Best Online Savings, CDs, and Money Market Rates

Irrevocable Life Insurance Trust

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Life insurance is one of the best investment decisions you can make. Life insurance will provide compensation to your loved ones in the event of your death, allowing them to be financially taken care of. Using a irrevocable life insurance trust is a great way to leave behind benefits to your loved ones but it does so in a different manner from life insurance. A legal trust will end up holding more than one property and other investments and the trustee will be responsible for dispensing the … [Read more...]

The Truth About High Risk Loan Companies

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What Is A High Risk Loan? A high risk loan also known as a Payday Loan, is a short-term loan meant to carry the borrower for only a couple weeks or maybe a month. Regulation and legislation of these types of loans varies from community to community. To prevent usury (unreasonable and excessive rates of interest), some communities limit the Annual Percentage Rate (APR) that any lender, including payday lenders, can charge. Some communities outlaw payday lending entirely, and some have very few … [Read more...]

The Ins & Outs Of Vehicle Repossession

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If you are a fan of “trueTV” (like me), you probably have seen a variety of people behaving badly during a vehicle repossession. Although they are very entertaining and quite humorous, vehicle repossession is serious business, and you need to understand a few things. First of all, if the repo man is at your door, arguing is pointless, the repossession order has been signed even before he got to your location, arguing will do you no good. Just let them do their job and take the car! You do not … [Read more...]

If An Account Goes Into Collections, What Are Your Rights Under The FDCPA (Fair Debt Collections Practices Act)

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Given the current economic turmoil occurring in America lately, unemployment is at an all time high, jobs are scarce, and people are more stressed about finances than any other time in recent memory. To add fuel to this already growing financial inferno, while the times were good, we did what Americans do best: spend money! And when Americans spend money, we’re talking credit, and lots of it! The Honeymoon Is Over So now that you may be out of a job, bills are stacking up, and your phone is … [Read more...]

How to Protect Your Identity For Free

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Key Statistics 11.1 million adults were victims of identity theft in 2009 The total fraud amount was $54 billion The average victim spent 21 hours and $373 out of pocket resolving the crime 4.8% of the population was a victim of identity fraud in 2009 13% of identity fraud crimes were committed by someone the victim knew The Most Common Types of Identity Theft While working as a credit repair expert, I encountered many clients who were victims of identity theft of some kind. The … [Read more...]