How Many Credit Accounts Should I Have?
Many people ask me, “How many credit account should I have?” I could give you a “Well, it depends...” kind of answer, but you are reading this looking for real answers and advice, so I’m going to boldly give you an answer. I don’t know of any scientific study that suggests that my answer is the correct one. All I can tell you is, I’ve dealt with literally thousands of credit reports over the ...Understanding the Pros and Cons of Debt Consolidation
Thinking that debt consolidation is a way out of your financial woes? When weighing the pros and cons, you must maintain your focus on your goal of becoming debt-free. Too many times, consumers incorrectly believe that their lower monthly payment on the bad debt means that they are paying less. In reality, many people who obtain a debt consolidation loan pay more money in the long run, due to the long shelf ...Latest Articles
Should You Pay Off Your Mortgage Early?
I often find myself in long conversations with my borrowers over the best way to pay off mortgages early. Do I recommend the “Bi-Weekly Payment” ...
Variable Rate vs. Fixed Rate
Choosing a Variable Rate is like Ordering a Pizza
“Should I pick an adjustable rate mortgage, like a 3/1 or 5/1 ARM, or go with ...
Washington Women Veterans Summit 2009
"Top 10 Ways to Get Out of Debt and Build Wealth" is the title of my workshop at the Women Veterans Summit this year. I’m ...
Know your Statutes of Limitations
“Can you just make a small payment as a show of good faith?” Have you been called by a collection agency trying to collect on ...
Sell Furniture Like A Gypsy
You can sell furniture door to door and make a lot of money fast. How do I know that? I’ve seen it in action.
I’m not ...