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Yielding Wealth | Personal Finance

April 14th, 2008

Exchanging Unsecured Debt for Secured Debt

Over the weekend, I wrote about how my credit card company is trying to get me to refinance my home with them, and take out some cash. For me, this is an obviously foolhardy move. Such offers usually go straight through the shredder.
But Sean left a comment that I feel is very pertinent to the […]

By miranda -- 0 comments

December 7th, 2007

What’s Your Credit Card Interest Rate?

If you haven’t been reading those notices that come in your credit card statement, or if you haven’t looked on your statement for your credit card interest rate, you may be in for a rather unpleasant surprise.
Some credit card companies (Discover notable among them) are in the habit of periodically checking your credit report. They […]

By miranda -- 0 comments

September 4th, 2007

Yielding Wealth: Only Buy Things You Can Afford

This whole subprime lending mess has brought to light some very real problems with our society. This whole idea of “buy now, pay later” has really caught up to us. So, even though it is possible to use credit cards to your good, it is important ONLY to buy what you already have money for. […]

By miranda -- 0 comments