21 Sep 2014

Money & Finance

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debt consolidatiton Debt consolidation loans: your opportunity to be debt free

Are you facing the nightmare of endless problems of the outstanding debt? If you have more debt in your account, no embarrassment and apply with Read More ...

Debt manage What steps you should take to manage your debts

Debt mangement plan is very essential if you want to take control of your finances. It is common for most Americans have more than one Read More ...

Debt Relief How you can find free debt relief

If you are have crippling debt problems, it would be wise if all debt relief options available to you are free, after all it’s not Read More ...

banking A useful possibilities of online banking

With the growing popularity of the Internet, a growing number of industries are looking for methods to tapping into this industry, trying to keep up Read More ...

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Highlights for July

  • I just signed up for our 4th and 5th new credit card promotion opportunity this year. Since we have no plans to utilize our credit for other financing anytime soon, we plan to make a little money off our credit scores by taking advantage of these promotional opportunities. We have already earned $1,600 in gift cards from 3 of these opportunities in 2014. We are not spending extra, but focusing our spending on these new cards to earn the bonuses and doing some round trip transactions via Amazon payments.
  • Our properties are listed on our balance sheet based on their cost basis, not current market value. We have done this during the the real estate market highs and lows. I believe real estate is too illiquid to list based on recent sale transactions. For those interested, our July Zillow property estimates are: $202,649; $148,207; $315,570; and $208,748 (total: $875,174 vs $751,255 on balance sheet).
  • Cash savings finally ticked up this month.

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Tags: July, July 2014

Individual Voluntary Arrangements (IVAs) maintain their position as the most used personal insolvency procedure according to the latest Insolvency Service Statistics.

The statistics prove interesting reading and further support our thoughts when we last posted about the figures in February.

More than half of all personal insolvency procedures in April-June this year were IVAs. IVAs have now accounted for over 50% of all personal insolvencies for the last four quarters and have been the most used personal insolvency procedure since 2011.

Looking at the graph below you can see a slight increase in Debt Relief Orders (DROs) compared to Q1.

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itoggle caption Mark Reibel

An amazing amount of stuff on the internet is free — Facebook, Twitter and Gmail. Of course, it’s not exactly free. We pay, with our data. And right now, we’re kind of stuck trading our data for all this free software.

Today on the show: two people who want to give you other options. These two people are trying to create services online that collect next to nothing — virtually no information, no data.

A couple years ago, these people might have been dismissed as kooks, but one of them just raised $30 million.

When Ford made his first cars, how many farriers did he put out of business? How many children, however, did he help get to school? Without disruption in industries by business leaders the world we know today wouldnt be recognizable. The cool part is, we have a front row seat to more disruption and new technology than has ever been made. You may only know some of the names on this list by what theyve made. But chances are, many of them are on their way to becoming household names. next prev

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Shares of Hertz Global Holdings Inc. were up +1.25 or +4.50 percent to $29.00 per share in premarket trading on Friday, after news that the company has agreed to give activist investor Carl Icahn three seats on its board of directors in exchange for avoiding a potential battle for control of the board. Hertz Global Holdings stock closed up +0.05 or +0.18 percent to $27.75 in Thursday’s regular trading session.

Park Ridge, New Jersey based Hertz Global Holdings is an international car rental company with over 10,400 rental locations in roughly 150 countries worldwide. The U.S. business has about 3,200 staffed rental sites with more than 70 percent of them at airports. The company’s fleet of almost half a million vehicles consists of automobiles made by Ford , General Motors , Toyota and others. Her

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In April, mortgage credit became slightly less available, according to an index tracked by the Mortgage Bankers Association (MBA), a trade organization in Washington, D.C.

The index incorporates credit scores, loan types and other metrics used by more than 85 lenders and mortgage investors.

Short-term volatility

The trend line has been anything but clear in the short term.

In the last six months of 2013, mortgage credit availability increased, decreased slightly, decreased again, increased slightly and, in December, stayed essentially flat.

In the first three months of 2014, mortgage credit availability increased, increased slightly and then increased slightly again. But then came Aprils decrease, reversing part of the apparent gain in 2014 compared with 2013.

In a statement, MBA Chief Economist Mike Fratantoni said the April data continued to show these countervailing trends.

Lenders eased credit restrictions for jumbo loans as well as some conventional loans and conforming loans insured by the Federal Housing Administration.

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