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Posts tagged as:

loan

   

Pros and Cons of Interest-Only Mortgage Payments

by Flexo on June 3, 2009. Debt Reduction 8 comments.

Yesterday, Consumerism Commentary reader Ryan suggested I write about interest-only mortgages. There is no such thing as an “interest-only mortgage.” Wouldn’t that be nice, though, to have a mortgage that did not require you to pay any principal back to the lender? Unfortunately, when you become a borrower, your lender will insist upon receiving interest payments ... Continue reading this article…

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Reader Question: Find Better Loan to Pay Off Student Loan?

by Flexo on March 17, 2009. Debt Reduction 7 comments.

Occasionally, readers email me with questions about their own personal finances. Considering I share so much of my own, it’s always interesting to get a peek into the issues other people are concerned about. In fact, right now, I am actively seeking reader questions to serve as launching points for a discussion I plan to ... Continue reading this article…

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Tips for Auto Loan Refinancing, Add Yours

by Flexo on February 9, 2009. Debt Reduction 4 comments.

Occasionally, Consumerism Commentary readers email me with financial questions. If you want to see a topic discussed here, you can do this as well. Just email me at flexo or tips at this domain name. I can’t answer every email personally, but I’ll do my best to connect you with the resources you ... Continue reading this article…

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Sallie Mae Reporting Incorrectly to Equifax, Dropping FICO Scores

by Flexo on May 13, 2008. Consumer 6 comments.

If you have a loan serviced by Sallie Mae, there is a good chance that your FICO credit score dropped significantly recently. Consumers have identified an error in Sallie Mae’s reporting. Accounts in good standing have been flagged and notated with the wording, “Arrangements made with credit grantor to make partial payments.” ... Continue reading this article…

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