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22 June 2009
Unemployed people, who depended on COBRA for extended coverage on medical expenses or the ones who could benefit from the 65% subsidies provided by the law (some people who lost their jobs before September 1st last year, could not benefit even from COBRA as per their response to a blog by Laurie Brannon.) breathed a [...]
21 June 2009
I have realized that financial decisions are complicated! If you are planning to look up information on mortgage on the net, it’s not as simple as purchasing books online which have user reviews about how many of them bought the book, loved the book or gifted it to someone. You would see consumers spending time and [...]
Posted in Home, Saving & Investing2 Comments
20 June 2009
President Obama, backed by his team announced that he strongly supports the idea that many American citizens (including encroachers) should attend college and hence there’s a need for taxpayers to fund grants and loans. I find this plan faulty and propose something’s that’s best. From what I understand, the students who Obama has in mind are [...]
Posted in Economy, Education, Humor0 Comments
20 June 2009
Have you ever had trouble in decrypting credit reports issued by banks? I certainly have gone through the grind before getting my loan approved; not knowing what is it that helps them to decide in allotting or rejecting a loan. For all you people who have had a tough time knowing why you are not worth [...]
Posted in Banking, Insurance, Saving & Investing0 Comments
17 June 2009
The following information is about the Income Based Repayment plan for the federal student loans. The information includes the eligibility criteria, calculation of payment and benefits of the plan with some examples to make the understanding easier. Some common questions answered; What is the Income Based Repayment? As the name suggests, Income Based Repayment is a new [...]
Posted in Education0 Comments
17 June 2009
The United States President Barack Obama seems to have gone wiser by the day and has brought in the ‘PAYGO’ legislation. This legislation aims to reduce the government spending by a considerable amount. The legislation says that all the new congress tax cuts or increase in the government expenditure will result in higher taxes and lesser [...]
Posted in Economy, Humor, Real Estate0 Comments
16 June 2009
On what seems to be a preventive move, the federal government has announced a loan program starting this week in order to help small businesses that are feeling the heat due to the ongoing recession. Phillip Silva, district director for the SBA (Small Business Administration) which is currently overseeing the American Recovery Capital Loan Program said [...]
Posted in Economy, Insurance, Real Estate, Saving & Investing0 Comments
16 June 2009
Small businesses that are experiencing credit crisis can now breathe easy as in a hearing the House Small Business Committee decided on expanding capital access to such companies. The Small Business Administration was making slow-paced reforms even though the stimulus bill signed by President Obama had provisions to open up the constricted credit market for small [...]
Posted in Economy, Saving & Investing0 Comments
16 June 2009
If you plan to buy a new car this year then this couldn’t have come at a more apt time as the U.S. Treasury Department and the Internal Revenue Service announced last week that a sales tax break would be levied on new vehicles bought in the United States. All this is attributed to the “American [...]
Posted in Economy0 Comments
13 June 2009
Former AT&T chairman and CEO Edward Whitacre Jr. would head GM’s board post GM’s bankruptcy protection recovery. The 67 year old ex AT&T CEO will replace Kent Kresa, though Kresa will continue to serve as the interim chairman of the company till it recovers from bankruptcy. Whitacre was responsible for the company’s sales and acquisitions during [...]
Posted in Economy, Energy0 Comments
