| Rein in spending and avoid credit-card debt
Question: I have credit-card debt at high interest rates on several cards, as well as student loans. Going into my last year in college and being wary of the future, carrying this debt scares me. I have been wondering if I should consider a debt-consolidation loan. What do you think? Answer: I am not a fan of consolidation loans. What attracts most people to consolidation loans is the potentially lower monthly payments. However, the main drawback of such loans is that they usually raise a person's average interest rate on his debt. .
Recent college grad seeks guidance on paying off loans vs. 401(k) vs. investing
Karen Wons of Maryland finds herself in a quandary that is confronting many parents right now. She is struggling with how best to advise her daughter - a recent college graduate - on paying down her $25,000 in student loans. Wons did what any wise parent would do. She asked for help. Here's the story. Wons' daughter is a project manager at a medical software company. She has a salary of more than $50,000. Her employer provides a 401(k). She has about $13,000 in cash from redeemed Series EE savings bonds. She has no credit card debt. She has no payments on a reliable car with low mileage. She's sharing an apartment and other living expenses with a sister in Madison, Wis. Her portion of the rent is just over $500 a month. Wons is unsure about the course her daughter should take.
Adknowledge Releases Rankings of Web Advertising Categories for July 2007
Adknowledge, a leading pay-per-click advertising marketplace, reported today the largest gains and losses in click volume for its online advertising categories. The rankings are based on over 50,000 advertisers that compete for traffic on an auction platform available at www.BidSystem.com. BidSystem advertising is sold on a category basis, giving an easy way to compare fluctuations in industries based on their monthly advertising spend. .
Zoya Professional Nail Lacquer Presents 2 New Collections, Uptown and Downtown, for 1 Gorgeous Fall
Zoya professional nail lacquer presents two new collections for Fall 2007 - Uptown and Downtown. Make a style statement: choose Uptown containing 6 updated, stylish berries or Downtown with it's 6 urban, electric shades, including this years hot hues, gunmetal gray (Freja) and eggplant (Lael). All in the world's best selling, healthy, natural nail Zoya formula. Cleveland, OH (PRWEB) August 8, 2007 -- Zoya professional nail lacquer presents two new collections for Fall 2007 - Uptown and Downtown. Make a style statement: choose Uptown containing 6 updated, stylish berries or Downtown with it's 6 urban, electric shades, including this years hot hues, gunmetal gray (Freja) and eggplant (Lael). All in the world's best selling, healthy, natural nail Zoya formula. "Whatever the fashion vibe this Fall, Zoya has the healthy color nail look to suit it with it's new Uptown and Downtown collections".
Credit unions offer great rates, service
Consumers have a plethora of borrowing and saving options, from traditional banks to online-only banks to credit unions and investment brokerages.
And while Internet-only banks can offer the most competitive rates for saving and borrowing, credit unions offer a mix of favorable rates and personal service. They're often a good alternative to traditional banks, which still dominate the market.
Credit unions are affiliated groups of people who pool their money and lend it to each other. They don't have divided loyalties--trying to serve a customer at the same time as boosting profits and the stock price for shareholders.
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End the Vicious Cycle of Credit Card Debt
Bills.com cites 5 ways to achieve personal financial freedom now. San Mateo, Calif. (PRWEB) July 25, 2007 -- American consumers who are bold enough to take a mid-summer pulse of their personal finances may find more debt than ever before. American families owed a total of $895 billion on credit cards at the end of May (Source: Federal Reserve) -- and Bills.com co-founder and co-CEO Brad Stroh reports that Americans must take steps now to end the vicious cycle of debt. "Debt has become a growing problem, and many Americans need to find a solution. With uncertainty about the future of housing prices, the high cost of oil, and record hikes in health care and higher education costs, many people are on the precipice of financial disaster. Americans are playing with fire by maintaining an average credit card debt load approaching $10,000 per household (Source: CardData.com)," Stroh said.
Synovus sets October date for TSYS spinoff decision
Synovus Financial Corp. took a major step Tuesday toward possibly spinning off its credit-card processing subsidiary TSYS, saying it wants a final decision by late October. Columbus-based Synovus, which owns nearly 81 percent of TSYS, also headquartered locally, said it will formally ask its board of directors during a regularly scheduled quarterly meeting Thursday to appoint a committee to consider a spinoff and make a recommendation. "Ample time will be given, but our expectation and hope is that this work will be done in a manner to allow us to announce a final decision no later than the third-quarter analysts call," Richard Anthony, Synovus chairman and chief executive officer, told brokerage analysts in a conference call Tuesday afternoon. Such a timetable would mean a decision should come by the third or fourth week of October.
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