Did you know that companies pulling your credit may sometimes hurt your score and other times not affect it at all? In the world of credit and credit reports, there are two types of inquiries: hard or soft credit checks. Basically, a hard credit check (or sometimes referred to as a credit “pull”) is a […]
Sometimes, a tempting offer may make you rethink your 401k rollover strategy… Archie wants to know: I am seeking for your insight advice to roll over my 401K. I just got lay off two months ago. I am 37 years old with 2 kids. One insurance company, North America, is giving me 11% bonus to […]
Sometimes, the prudent thing to do may not be such a simple decision. Much of our society is build around trust and the general notion that most people are honest and nice. The refund system, for example, wouldn’t work in some countries because too many people would use the product and then turn around and […]
How do you know whether more student loans are the way to go? Jennifer wants to know… I’ve been enjoying reading your blog for quite some time now. I have an issue I was hoping you could provide input with, from a financial perspective. I am trying to get a 2nd B.S. degree in engineering, […]
Gerad wants to know the best way to handle extra payments to his loan servicing company. I have a question about my private student loan. Most of my loans are federally backed and I have consolidated them. However, I have one loan, which was private that I was not able to consolidate. Currently, I am […]
Not everyone is lucky. A Long Time Reader Writes: I am an older single female, living alone in a small, yet expensive apartment. I am on disability leave from work and don’t get enough to live on, and make too much to qualify for food stamps. I am on budget for the electric bill, and […]
