Is debt good? Yes… At times it can even be great for you.
As a general rule, I encourage you to avoid debt like the plague. I stand by that in the vast majority of cases, but there are some situations where you really benefit by having debt. For example, as long as you know how [...]

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When we got married, our first apartment was a very tight fit. It was a small, one-bedroom apartment with an awkward layout. Our living room had to be creatively arranged to accommodate a small couch, a television, and a chair for any guests that might drop by. There were also no locks on any of [...]

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The foreclosure crisis has been going on for a couple of years now, but it wasn’t until this week that it really hit home. My wife called last night to tell me that our former neighbors – I’ll call them Bob and Sue – had lost their house and would be moving to another state.
For [...]

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Here’s a question about marriage and money that I recently received:
I have a question about marrying someone who will go through bankruptcy BEFORE marriage. Other than having difficulty with getting a loan, what other effects should I expect in the future?
The bankruptcy had to do with a prior divorce, and ownership of more properties [...]

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According to a recent press release, Lending Club has increased the upper limit on loan requests from $25,000 to $35,000. According to Lending Club CEO Renaud Laplanche, this change was “prompted by customer demand.”
This is the second major change in their lending policy over the past year or so. The first was when they introduced [...]

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Lending money to family or friends can be an awkward decision. On the one hand, you want to help out a loved one in need, but will you ever get your money back? If you want to help, but think that helping them out with a loan will only make things worse, then here are [...]

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Certain personal finance gurus such as Dave Ramsey argue that you can (and should) ignore your FICO credit score. Others, like Suze Orman, advocate taking control of your score. So who is right?
Given how often credit scores are talked about in various books and on TV, I wanted to dig deeper and see how much [...]

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The next time you go to a book store, take a stroll through the “Personal Finance” section. You’ll literally see hundreds of books all saying just about the same thing. Oh sure, some say it better than others, but… At the end of the day, it’s all about spending less and earning more. It doesn’t [...]

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It seems like it’s been a long time since we’ve had good news on the 0% balance transfer credit card front, but here we go… Discover has a couple of new balance transfer offers for those that are looking to transfer their balance and get a break from their interest payments.
Discover More: 0% for 18 [...]

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Wow. While watching TV the other night, I saw an ad for a lending service that promised to put $2500 in my checking account overnight. There’s no collateral required, and no fees for early payoff.
Sounds good. Where do I sign up? Hmmm. On second thought, maybe we should check out the terms first.
Upon arrival at [...]

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