Archive for: February, 2010

What is the true effect on the Fed’s rate cut and mortgages?

The Fed Rate is now at 2.25%. Some people tell me that mortgage rates will fall, others say it takes a lot of other factors to make them drop, like the mortgage backed securities mess being sorted out. I ask because my fiancee and I are looking at houses in the one of the worst [...]

Business loans for USA investors to buy businesses in foreign countries?

Are there government loans for USA investors to help buy business opportunities in other countries (or through other governments)? Say, South America? Say, if the loan were backed up by real estate? Or is this available only to superwealthy americans?

How does one medical insurance company find out about your coverage from another?

I know there is a computer system they use to look it up. What is the system called and how far back can they look up? (medical insurance coverage from 5 or 10 years ago?

What is the best way to go about paying off my credit cards?

I have several credit cards all maxed out. I cannot transfer anything over to another card because of my low credit score and can’t get a credit card company to do that. I feel as if I have dug myself in a hole and can only make the min. payment each month because I have [...]

Health insurance? How does it work when my wife has her own policy and I have a family policy?

She is pregnant with our first child and I am just curious how the insurance companies work when she is covered by 2 different plans. I am thinking of putting her on my plan to save money in the long run, because pregnancy is a little pricey. Both insurances are 80/20 and $3000 max out [...]

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