Recent Articles

Seriously Delinquent Student Loans Are Becoming A Serious Issue

Filed in Credit, Debt, Student Loans by on December 16, 2014 0 Comments
Seriously Delinquent Student Loans Are Becoming A Serious Issue

Data from the Federal Reserve Bank shows a not so good trend in new seriously delinquent student loans. While delinquencies of other loan types are in decline, student loan delinquencies are on the rise.     A serious delinquency is defined as a loan account being 90 days or more past due. This is the […]

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Feeling escheated? The state of Maryland might have your money.

Filed in Financial literacy, Savings by on December 9, 2014 0 Comments
Feeling escheated? The state of Maryland might have your money.

Did you know the state of Maryland can escheat your money? Do you know what “escheat” is? Fear not. You’ve come to the right place. Escheat (pronounced “eh-sheet” and sounding, unfortunately, a lot like ”cheat”) is defined as the reversion of property to the state when there are no legal heirs. In practice here in Maryland, escheat can occur […]

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Still Living With Your Parents? You’re Not Alone.

Filed in Save Money, Young Adults by on November 25, 2014 0 Comments
Still Living With Your Parents? You’re Not Alone.

If you’re in your twenty’s and still living with your parents, you’re not alone. Lucky for you the economy is the reason, otherwise I’d have to call you a dork. According to a recent study by Fannie Mae, as of 2013, 31% of Millennials (age 18 to 34) are living with their parents. That’s up […]

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Avoid High ATM Fees

Filed in ATMs, Banking, Fees by on October 6, 2014 0 Comments
Avoid High ATM Fees

It’s not difficult to avoid high ATM fees. According to Bankrate.com’s annual checking survey, the average fee for using your non-bank ATM is now $4.35. What?! Yes, $4.35. Here’s the breakdown: $2.77 charged by the owner of the ATM (when its not your bank’s ATM) $1.58 charged by your bank (for “cheating on them” with […]

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100% Mortgage Financing: It’s Not For Everyone

100% Mortgage Financing: It’s Not For Everyone

Sorry to burst your bubble but I have to tell ya, 100% mortgage financing is not for everyone. Nope, not for you if you just filed for bankruptcy, are unemployed or haven’t paid your credit card bills in a few months. But let’s not dwell on the negative. Let’s talk about who 100% mortgage financing IS for – and […]

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