Debt-Ans.Com

As I predicted last week, we haven’t made any new payments to debt this past week, because I’ve already made the monthly payments to our three remaining non-mortgage debts (including snowflakes to the student loan) for September. I have about $170 in survey payouts and blog advertising income that are sitting in our snowflake savings account for October, which is a far cry from my monthly goal of $900, but since my taekwondo income this month was diverted to pay for my certification class, I

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[c/p @ B&P] Awesome day. Republican leaders are blaming Pelosi, Obama. Democratic leaders are blaming Republican leaders, McCain. It’s no wonder… they were all for it. They’re trying to spread blame on each other, but they were defeated by a brave and bipartisan group of lower-level Representatives. Frank and Pelosi are barking about the Republicans not delivering the votes… but 100 Democrats didn’t vote for it! And the Republicans are claiming Pelosi turned everyone off… but they’

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Just a simple Law that says ARM mortgages cannot reset from the Teaser rate AND the Base Payment (Principle and Interest, NOT the Interest Rate itself) will increase by 1% each year, the money applied ONLY to the Principle, until the mortgage is paid off or the house is sold. Those with Negative Amortization Loans will have there payment adjusted in the first year to that of an equivalent Interest Only loan and the 1% provision will come into play in the second and subsequent years. If the ho

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700 Billion Bailout Bill Voted Down: I’ll Have Strawberry Smuckers on Wheat In what was labeled a must do or risk serious financial consequences, the Republicans have voted 228 – 205 against the 700 billion bailout bill. Congress seems to have listened to the opinions of people in their districts. They were getting calls and emails in waves, saying this was bailing out Wall Street ballers for their own mistakes and games. I was undecided. On one hand, I agree that CEOs shouldn’t get a dime i

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The following is the text of the “agreement on principles” that blew up yesterday at the White House, as House Republican leader John Boehner blindsided negotiators by saying Republicans wouldn’t support the deal. Sen. John McCain who had arranged the photo op refused to state where he stood. The text -like Treasury Secretary Paulson’s original proposal – is breathtaking in its brevity. They are talking, after all, about authorization to spend $700 billion (or more since it is

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