Last week I brought up the story of a friend that needed help paying off debt. There were lots of great responses with different ways to get rid of the debt.
A recap of the situation (see the story for all the details):

Personal Line: $3,500 balance @ 15% - $7,000 limit
Credit Card #1: $2,300 [...]

Posted July 3, 2008 in Credit cards, Debt | 5 Comments »

Last night I got a call from a friend looking for some financial help. He has $14,300 in debt and has a goal to be debt free by November. Before I put together a plan for him, I’d like to hear what you have to say about it!
Debt Details
Here are the details of his debt:

Personal [...]

Posted June 24, 2008 in Credit cards, Debt | 13 Comments »

That’s what a reader, Maha, wanted to know. Maha sent me a note to let me know that trying to find out exactly what credit card arbitrage is all about, is like reading the middle part of the book without being able to find the beginning.
So I’ve realized that I talk just like I [...]

Posted June 19, 2008 in Credit cards | 8 Comments »

When we were getting ready to refinance our house I had a list of things to get in order first.
I wanted to be sure that we would pass the lender’s underwriting guidelines with flying colors. I’ve found that it’s much easier to get something fixed before applying for a new loan, than trying to [...]

Posted June 6, 2008 in Credit cards | 2 Comments »

I identified a target list of cards yesterday in the Credit Card Arbitrage Q&A. After more research here are the intro rates, details, balance transfer fees, and annual fees for each card.
Some of the cards are business cards; however, you don’t necessarily need a business to apply for the card. Most companies accept your [...]

Posted May 16, 2008 in Credit cards | 11 Comments »