Credit Debt Banking News | CDBN

Are you living paycheck to paycheck?  Do you find it impossible to save any money for a rainy day?  If you answered yes to either question, the dollar savings plan is for you.  This plan isn’t new, but its very simple and sure to help you save money here and there, and before you know it you will have saved more than you thought you could.

The prerequisite for the plan is that you actually make some purchases with cash; if you only use credit cards then you will not be able to implement the plan.  All of your purchases do not have to be made in cash, but the more purchases you make ..read more

Internet radio has been around for awhile, and I used to listen to internet radio while at work or while surfing the web at home but now I’ve found something better and still free.  I’ve been using Pandora for about a year now, have probably listened for hundreds of cumulative hours over that time, and in my opinion Pandora beats all internet radio competitors, hands down.  The reason Pandora is so much better is because intelligent internet radio that only plays music that you want to hear.

After signing up you will be prompted to create your first Pandora station (you can create as many stations as you like).  To begin you type in the name ..read more

I have moved many times, and at one point at the end of college/beginning of my career I was averaging one move every 9 months!  Needless to say, I have rented quite a few moving trucks and getting good deal is easier than you may think.  Last time I moved, I took the following steps to find a moving truck and ended up saving $120 off of a $700 rental (17% off).

There are 4 national moving truck rental companies for those movers who wish to move themselves, U-Haul, Budget, Penske, and Ryder.  Of course there might also be local or regional companies in your area for local moves, which I also recommend you consider as they ..read more

Not long ago, 80/20 mortgages were so commonplace and many home buyers were using them to buy homes with no money down.  Today 80/20 are essentially so nonexistent that is does not matter if you have a perfect 850 FICO score, you still will not be able to find an 80/20 mortgage.  For better or for worse, these loans are no longer being offer to any type of borrower.

If you are wondering “What is an 80/20 mortgage?” let me explain.  An 80/20 mortgage (also called piggyback loans, tandem loans, nothing down mortgage, etc.) is (was) a mortgage for 80% of the purchase price with an additional mortgage for the other 20% of the purchase price, for ..read more