I read this article in the NY Times yesterday, and I have to say I come down pretty strongly on the need to keep housing down payments high. The arguments made by Professor Roberto G. Quercia clearly demonstrate that data supports the…
Category: Loans
Anything loan related
Why is the Thirty-Year Fixed-Rate Mortgage Still so Expensive?
I know. I know. Everyone says that the thirty year, fixed rate mortgage is sitting at historic lows, and I agree that is true. Heck I re-financed last year just like many of you. I just think that based on…
Income-Based Student Loan Payment
How would you like it if your student loan payments came directly out of your paychecks? Does it sound scary? Does it sound convenient? A little of both? Probably. It’s called Income-Based Student Loan Payment. Well, that’s what’s being proposed by Wisconsin…
Peer to Peer Lending Through Lending Club
A note from Slug: This is another guest post from Noreen. This week she's written a nice review of Lending Club. I personally have no experience with Lending Club, but I spent several years bidding on loans at their rival…
Tagged with: Lendingclub.com
No Cost Mortgage Refinance Diary
I last refinanced my mortgage in July 2010. Back then I was trying to reduce my rate from 5% AND get out of escrow. I was extremely successful and garnered a nice 4.375% 30 year fixed mortgage. I thought I…
Big Banks Declaring War on the Poor
The New York Times Buck's Blog is reporting that some big banks are starting to offer payday-like loans. After reading the article, I was scrolling the comments and saw that Cindy from Baltimore wrote: There is no support for…
Tagged with: payday loan
Borrowing on Prosper
I've written a lot about my experience as a lender on Prosper. Since I first started, Prosper has made huge improvements in their interface and their ability to properly vet potential borrowers. Default rates have dropped and current investors in…
Escape from Prosper
I joined Prosper.com (a sponsor of this site) in May, 2006. This was about a week before I became a parent and about the same time Osama was moving into his new home. I say this because I would love to…
MicroVentures Review
As most of my readers know, I have a strong interest in peer to peer lending. I was an active lender on Prosper for a couple of years before realizing the wide difference between Prosper’s actual default rates versus what…
Tagged with: microventures
Quick Update FAIL
Today Pfizer (PFE) was below 20 so I tried to pick up 100 shares at 19.50. Prosper has been anything but prosperous lately as 2 of my new loans (a D and an HR) have gone late. Idiot dummy ***bangs…
Top
Loading...
Join over a thousand others and get updates free.No spam, EVER.
