How Bankers Gamble with Your Money: 5 Ways to Protect Yourself

It would be great if banks existed solely for the purpose of storing our money and helping us out with loans, investments, or other financial instruments when we need them. Unfortunately, banks are out to turn a profit - often at the expense of the very people they are supposed to be serving. Here are the five most common ways that banks gamble with your money - and how to keep yourself from getting shafted. 1. Junk fees on loans. Whenever you take out a mortgage, refinance your existing m...

Credit Cards Can Be Risky Business when Underemployed

It goes without saying that the unemployed are at a distinct disadvantage when it comes to credit cards. Not only is a card difficult to manage without sufficient income but with tightened restrictions by lenders, it's nearly impossible to be approved for one. Young people or those who are finishing their college education are also at a disadvantage and vulnerable to the risks that can come with using credit, if they’re not careful when first entering the workforce or moving into the business wo...

Best Term Life Insurance

Term life insurance offers protection for financial dependents if an insured person's income is lost due to death. It also provides money to cover outstanding debts and pay final expenses. Everyone needs life insurance although the needs of individuals differ. An affordable term life insurance quote can help consumers find the best life insurance at the best price. Term or temporary life insurance is the cheapest form of life insurance and for this reason it’s also the most popular. Because t...

Auto Insurance For Young Drivers

Why It’s High, How It Can Be Lowered, and What Discounts Are Available One of the things teenagers look forward to most is having their own license, and even more exciting, having their own car. By the age of 16 or 17, most teenagers have had it with riding in the passenger seat or in the backseat of their parent’s or friend’s cars; they’re ready to have a vehicle that belongs to them. Of course, parents and young drivers quickly learn that this doesn’t come without a high price once they...

Accident Injuries: Get Compensated Fairly

More than three million citizens of the United Kingdom are the victims of personal injury each year. From auto mobile accidents to defective product manufacture to poor property maintenance, there are many ways to get hurt due to someone else's negligence. While some accidents are minor, requiring little by way of recovery, some injuries take months of medical rehabilitation, and others result in death. These costs, along with wages lost due to the inability to work and payments made to replace...

The Importance of a Credit Report Check-up

There are many things in life that require close scrutiny or a comprehensive investigation – otherwise known as a checkup – to be sure all is in proper order. Visit a physician for a checkup to verify the condition of your health. Shop at a used car lot, kick the tires and request a CarFax® report to checkup on the history of a car before signing on the dotted line. But there’s one checkup that many consumers fail to perform that can directly affect every aspect of their life – their credit repo...

5 Worst Pieces of Advice for Raising Your Credit Score

Today, many lenders and other financial institutions have been tightening up their availability to credit and only offering loaned funds to those who have higher credit scores. While this is due in large part to avoiding future unpaid loans, it has raised the awareness of individuals to more frequently monitor their credit scores and to take the necessary actions to get and keep these scores at higher levels. For those who are currently striving to raise their credit score, it is important to...

Stricter Rules For Payday Loan Adverts

Unless you live your life without TV, you will have noticed the rocketing trend for payday loan companies and their promotional tactics of TV advertising. It was only last night that a company advertised their payday loan services in a prime time evening slot, their selling point that you, the customer, could have your cash deposit in your account a mere 10 minutes after applying. You cannot help but wonder how this is ethically possible and that perhaps it seems too good to be true. Certainl...

Why Your Child’s Money is Your Responsibility

Before a child is old enough to make their own decisions, what should happen with the money they receive? Grandma and Grandpa may decide to send their grandchild a check for their birthday. The child may win prize money for a competition at school. Giving the money to a child not able to handle these types of decisions is irresponsible. So, whose responsibility is it? As a parent, you have full financial control of your children's money until they are able to take over its management when they c...

Debtors Anonymous: A Change For Life

When people think of addiction, they think of drugs or alcohol, some substance that alters the way a person acts or thinks. Addiction, however, has many faces. Ultimately an addiction is a dependency on one particular habit which is in some way harmful. People that incur huge amount of debt, or debtors, are also victims of addiction and just like alcoholics or drug addicts require serious help. Debtors anonymous provides that kind of help. The organization is loosely organized and does not fo...