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The Fed Cuts Rates Again: What You Should Do Now

On January 22, 2008, the Fed decided to cut the Federal funds rate a whopping 75 basis points to a scant 3.5 percent, the lowest it's been since August 2005 (Source: federalreserve.gov).... More

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Going Shopping for a Credit Card

What started out as a way to avoid carrying cash or checks, known then as "charge cards," has blossomed into the giant credit card industry we know today. With so many cards to choose from, how do you pick the one that’s right for you?... More

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Recovering from Bankruptcy

Every year more than 1.5 million Americans file for bankruptcy for a variety of reasons. While bankruptcy has many negative effects, it does offer people with devastated finances a fresh start.... More

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Does the Federal Funds Rate Affect My Mortgage?

On Tuesday, January 22nd, the Federal Reserve slashed the federal funds rate by three-quarters of a point to 3.5% - the largest one time cut in nearly 24 years. This should immediately benefit consumers with home equity lines of credit, credit cards, and... More

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Understanding Credit Score Differences

There are few numbers in life that matter as much to your financial outlook and well-being as your credit score. But which credit score is the right one? The most important? And, for that matter, how come your scores are often different from one...... More

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Credit Cards on Campus

Everything college students need to know about getting and using their first credit card. You've seen the ads and been tempted by the giveaways - but how much do you really know about credit cards?... More

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Create an Emergency Fund with These Tips

One of the more significant trends of the past two years has been the struggle of American households to save money, according to Informa Research Services. With a steady decline of disposable income due to rising mortgage costs and inability to save...... More

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New Year's Resolution: Get Out of Debt

With post-holiday debt on the rise, many consumers have made "managing their finances better" as their top priority for the new year. Here's a simple 5-step plan you can implement immediately to improve your financial situation... More

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Saving Up Doesn't Have to Tie Your Money Down

Just because you want to save a bit of money doesn't mean that you have to lock your money away for a long period of time. The key is to find smart ways to save that will allow you the flexibility that fits your financial situation.... More

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Home Equity Loan Overview

If you are a homeowner looking to use your home as a financial resource, then a home equity loan may be right for you. A home equity loan is a loan in which the borrower uses the equity in their home as collateral.... More

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