by Bob Willoughby | Feb 20, 2009 | Investing
Borrowing against your 401K is rarely a good idea. But of course there are some cases where it may make sense. Let’s take a look at the good, the bad, and the ugly. But first let’s talk about some reasons that you may want to borrow. Let’s say you...
by Bob Willoughby | Feb 14, 2009 | Student Loans
The Federal Parent Plus Loan is a loan applied for and guaranteed for by a parent on the behalf of an eligible dependent. The eligible dependent student must be enrolled in school for at least half of the time. The parents will have to have a good credit history. This...
by Bob Willoughby | Feb 11, 2009 | Student Loans
Student Loan Consolidation Interest Rate. Consolidating your student loans can get you a lower interest rate, or a higher one, with a longer repayment period. Let’s review what you should be on the look out for and whether you should consolidate your student...
by Bob Willoughby | Feb 10, 2009 | Investing
401K Maximum Contribution So just what is the maximum contribution that you can put into your 401K account? It depends on the government guidelines, your salary, and your plan. Your contribution limit is the lower of the maximum amount that your employer allows as a...
by Bob Willoughby | Feb 9, 2009 | Credit Cards
Credit Card Protection. Credit cards can be good and bad. They are certainly valuable. That is to you and someone who scams you out of your number! Let’s talk about some things that you should know for your protection. Know Your Rights. As long as you report...