Long term care insurance policies have an important component called a benefit period which greatly affectspremium costs. This article discusses what I call "Short and Fat vs. Long and Skinny LTC Policies". That is right -- Short and Fat LTC policies! So what is a benefit period anyway? The benefit period is the number of years that ONCE you go on claim (need help in bathing and dressing or have some cognitive impairment or similar a ...
The web communications revolution has provided many unprecedented opportunities for commerce and unfortunately, quite a few opportunities for swindlers to prey on the gullible. This is just as true for debt consolidation as for anything else. Here are some debt consolidation scams to stay away from: 1. Free Debt Consolidation Services Why are these guys doing it for free? How are they making money? Do be aware, though, that cheap debt are not ...
An estate plan is a legal system for the disposal of your property upon your death. It recognizes your wishes, such as those regarding the care of minors, and it legally minimizes taxes. It can take into account your views regarding future medical care; for example, it may state you have no wish to have your life sustained by a life support machine. Estate planning may or may not involve tax planning. The single most important document with is a ...
Opening that first bank account is really something else. Few things can compare to the thrill of getting that first passbook. Many of you will agree that it probably marked your independence as well as opened your eyes to financial freedom. Most often, people are in the habit of opening bank accounts in those banks which have been doing business with their parents for years. No worries there, if they are satisfied with the services of their a ...
It is easy to get complacent after buying the home of your dreams. Finally, you have the one thing that you have always wanted and is now truly yours, when you have paid off the mortgage that is! There is nothing more you could ask for! Well, that is what the majority of individuals think anyway, but this is not the case. It is the redemption of the mortgage that may pose a problem for an individual who has lost his job owing to the company to a ...
Would you like to save money on your mortgage? Over 50% of homebuyers are wasting money by paying over the odds for their mortgage every month. This is normally due to the fact that they're paying their lender's standard variable mortgage rate. These standard variable rates are frequently 2 percentage points higher than lots of the best market deals, so the simplest way of saving money is to switch deals. If someone has a L100,000 and ...
You need money. You need it badly. At 65, however, you don't have the stamina to stomach the inconvenience a long-term loan would require. So, what do you do? You tap into the value of your home and convert it into cash! This is possible through reverse mortgage. Reverse mortgage lenders let you borrow money against your own property. Why go to a reverse mortgage lender and not a bank? We asked people who have been to their reverse and do ...
If you have exhausted all other options when it comes to relieving debt, consider a debt consolidation loan. The best way to think of this type of financing is as a combination of several different debts or loans into one payment. The most common type of debt that needs consolidation is credit card debt, and a card debt consolidation has several advantages. One of the most appealing advantages to consolidating a debt consolidation loan is it ...
A persons credit score is one of the most important numbers they will ever deal with. A credit score is used by many different companies to determine the credit worthiness of a person. Almost every business a person deals with from utility companies to banks are interested in their credit score. The credit score is based upon the things reported in the credit report. The higher the score, the better. A higher score means lower interest rates an ...
The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies Equifax, Experian, and TransUnion to provide you with a free copy of your credit report, at your request, once every 12 months. That's right; you are entitled to receive one free credit report every 12 months from each of the nationwide consumer credit reporting companies. In addition to consumers who are eligible for a free credit report in ...