Arbitrage Blog

Congress Extends $8000 Homebuyer Tax Credit: New Tax Law Adds $6500 Credit to Repeat Home-Buyers and Homeowners

On November 6, 2009, President Barack Obama signed a law that extends all the way through to next spring time. The law states that first-time home buyers get a tax credit of up to $8,000. The new law also states that repeat home buyers can get a tax credit of up to $6,500. However; the […]

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The Global Credit Crisis: How One British Journalist Saw the Economic Crisis Coming

In 2002 former editor of the British national newspaper The Observer and current Chief Executive of The Work Foundation, Will Hutton, published a book entitled The World We’re In. It was a thoroughly damning indictment of the state of USA’s financial regulation of its own economic sector. Hutton argued that eventually, the US’s relaxed economic […]

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Refinance to Reduce Stress: If Handling Many Loans is Getting You Down, Refinance into One Loan

Most households have multiple loans (home loan, car loan, personal loan) and credit card debts, not to mention the other bills that come in regularly. These loans, debts and bills have to be paid on the due date each month.Keeping track of the dates to be paid by and having to budget to ensure that […]

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Where to Find Free Debt Management Advice: Consumer Credit Counselling Service (CCCS) – Citizens Advice Bureau

Other reasons for the huge increase in personal debt in the UK, particularly in the days before the Credit Crunch, would have to include the amounts of easily available credit which may have enticed some to live beyond their means. For many the solution to the problem, the way out, has been to borrow more, […]

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How to Save Money as Newlyweds: Easy Ways to Live and Entertain Without Breaking the Bank

There’s no doubt that marriage comes with a slew of experiences and mistakes, and a new life comes with new (and more) bills to pay. So what can newlyweds do to save money around the house? Listed below are a few helpful tips. Eat at Home Although eating out is much more convenient (and saves […]

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Low Cost Homemade Christmas Presents: How to Save Money by Making One’s Own Family Gifts

Given the current economic climate, many people can hardly afford ordinary day-to-day living, never mind the extra costs of Christmas presents. But everyone has skills which can be used to make acceptable gifts for families and friends. Here are some possibilities…but there are many more. Using Photographic Skills to Make Presents Many people have digital […]

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Liquidation Bankruptcy: Escape Debt by Filing for Chapter 7

There isn’t an easy way to escape debt problems, but liquidation bankruptcy allows you to discharge most forms of unsecured debt in just 4 months or 60 days after the 341 meeting. There are two types of bankruptcy that can be used to eliminate debt, but chapter 7 is the quickest way to escape from […]

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Refinance Monthly Mortgage- Reduce House Payment: Evaluate Home Loan Refinancing with a Motley Fool Calculator

When mortgage rates are down, many homeowners find themselves contemplating home loan refinancing. But how do they know whether to take action on a potential refinancing deal? One quick way to evaluate a refinanced mortgage against a current mortgage is to use a mortgage calculator made specifically for evaluating refinancing. This article profiles The Motley […]

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Filing for Bankruptcy in the United States

Federal laws govern the bankruptcy laws in the United States. However, there are state laws as well. Those who are planning to file for such a financial undertaking must abide by the laws of their state. A judge in their district must approve their petition to file for bankruptcy before they can proceed. The Most […]

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