tag:blogger.com,1999:blog-76716719642553684772024-02-21T03:21:39.197+08:00BLOG 0123Ab0ut 1nsurance, 2tudent Loans, & Mortgag3Muslim Soccer Blog Officialhttp://www.blogger.com/profile/04021942963461831941noreply@blogger.comBlogger132125tag:blogger.com,1999:blog-7671671964255368477.post-84478318744008706752013-05-28T23:22:00.000+08:002013-05-21T07:03:03.315+08:00What Should You Think About When Getting Teen Auto Insurance?There are many things you should think about when you are purchasing teen auto insurance. Many things you should think about are paying annually, the type of car your teen is driving, adding a named driver, and more.
Finding cheap auto insurance can be difficult. So your teenager finally got their driver’s license and you now need to find them good insurance. There is a Pass Plus exam that is Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-3058282022329973902013-05-27T20:37:00.000+08:002013-05-21T07:02:37.967+08:00Exclusions in Life InsuranceLife insurance policies also contain certain exclusions or restrictions. The main exclusions are:
Suicide Exclusion. Initially, life insurance contracts excluded suicide entirely. But this exclusion left dependents without protection, which defeated the purpose of purchasing the coverage. Also, it was incorrect to exclude suicide completely, because death by suicide is included in the mortality Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-7671671964255368477.post-22295740835708133752013-05-26T21:12:00.000+08:002013-05-21T07:01:59.539+08:00What Do Flying Risks Mean? (part 2)When losses occur in airline travel, they tend to be catastrophic. Even if the loss results from pilot error or mechanical failure (instead of terrorist attack), the end is usually the same: few, if any, survive. In these cases, health insurance or disability insurance—both worthwhile concerns when it comes to car risks—aren’t important.
There are many formulas for calculating how much life Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-72656593493029872752013-05-25T20:46:00.000+08:002013-05-21T07:01:33.597+08:00What Do Flying Risks Mean? (part 1)Nervous airline passengers don’t understand that all travel is risky and safety is a matter of relative risk. In other words, an activity is usually considered safe only as contrasted with some other activity. Absolute standards of safety are hard to establish…and are often more
arbitrary than most people realize.
A few basic measures can improve your odds of surviving an airplane flight. These Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-80187030106000837612013-05-24T07:04:00.000+08:002013-05-21T07:00:24.350+08:00Tools for the First Time Buyerfrom book CHOOSING THE RIGHT LONG-TERM CARE INSURANCE by JK Lassers
If you’re a first time-buyer, the agent wants to hook you in immediately so that
you will attend carefully to the sales pitch. He or she does that in a variety of
ways, most of them shady.
THE SCARE
Agent: “Look at these statistics showing that you and your husband have a four
out of five chance to end up in a nursing home. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-19045519011244824572013-05-23T12:38:00.000+08:002013-05-21T06:58:35.643+08:00Insurance Companies: Never Ask These Questions! (3)Will I be covered by a group or an individual policy when I buy from
an association like AARP?
The differences between group and individual policies can be very significant
in terms of portability and coverage options. Saving a few dollars
through a group plan may not be the best option for a healthy applicant.
If I am to be covered under a group policy, will the insurer provide me
with a copy Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-7756849235579313972013-05-22T12:34:00.000+08:002013-05-21T06:57:28.446+08:00Insurance Companies: Never Ask These Questions! (2)What range of bone density levels are in your underwriting guidelines
to determine whether an applicant can receive preferred, standard,
rated, or no coverage at all?
Unfortunately, osteoporosis becomes a fact of life for many of us as we
grow older. Each insurer’s underwriters have their own guidelines for acceptable
bone density levels. It may pay you to shop around for a company
that doesn’t Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-64163626692226733082013-05-21T12:08:00.000+08:002013-05-21T06:57:31.652+08:00Insurance Companies: Never Ask These Questions! (1)When you go shopping for long-term care insurance, you don’t have to have all
the answers. You just need to know how to ask the right questions.
Will asking these questions make the insurer pause? So what? You’re
spending significant dollars to buy significant potential coverage. You have
a right to look closely into the details of your purchase. In some cases, you
will be asking about basic Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-66967332455456052652010-02-15T08:49:00.000+08:002010-02-15T08:49:00.257+08:00BankruptcyDeclaring bankruptcy is the last resort for flailing loan recipients and should be avoided at all costs. A major “severe hardship” obstacle must be cleared to even obtain a hearing on a bankruptcy. If you’ve been kidnapped by Bigfoot or beamed up to an alien mother ship, you still may not qualify for bankruptcy. It’s the third rail of personal finance—don’t touch it or you’ll be scarred for Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-7671671964255368477.post-74335278361272161102010-02-09T08:47:00.000+08:002010-02-09T08:47:00.745+08:00ForbearanceHere’s another term you should become familiar with if you’re having trouble paying off your student loans. Like deferment, forbearance is a mechanism designed to help if you need to either temporarily lower or postpone your student loan payments.Forbearance is really for those folks who want to pay their loans but can’t and who were unable to get a deferment on their loans. The application Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-7671671964255368477.post-62897942687558290422010-02-07T08:46:00.001+08:002010-02-07T08:46:00.253+08:00More Tips on Student Loan PaymentsLet’s talk about some more tips on repaying your student loans. All are designed to help you get to the Holy Grail of student loan debt—the day you make your last student loan payment. Put some of these ideas to work and see if that day doesn’t come sooner than you think.Don’t wait for a bill to come from your lender every month. Go ahead and send a check regardless of whether you receive a bill Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-7671671964255368477.post-57366079161973183122010-02-02T08:44:00.001+08:002010-02-02T08:44:00.604+08:00The Life Stages of Your Student LoanLife Stages is a very popular term these days, articularly onWall Street, the industry that I hail from. There, the term is meantto encompass the various eras or stages of your life from a financialpoint of view—going to college, finding your first job, getting married, buying your first home, having kids—right on down the line to retirement. The idea is that you should identify the various Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-92227178289702710812010-01-29T08:42:00.000+08:002010-01-29T08:42:00.118+08:00Terminology in Student LoanStumped by the terminology used by lenders? Don’t be. Here is a list of the most common student loan terms and what they mean:Borrower. In this case, you. The individual who is responsible for repaying a loan.Capitalization. The interest that builds up over time and is added to your principal (otherwise known as “capitalized” inter-est). Be careful about capitalization, it can hike the total costUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-12404308762194775252010-01-24T08:41:00.000+08:002010-01-24T08:41:00.078+08:00The Players in Student LoanWho takes center stage on student loans? Well, you are on one side and a public or private lending institution is on the other. Who are these other players and what roles do they play in the loan process? Let’s take a look.Federal government. Yes, Uncle Sam, under the official guise of the U.S. Department of Education, runs the federal student loan programs. The federal government can be either aUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-66126764924215132252010-01-21T08:39:00.000+08:002010-01-21T08:39:00.551+08:00What is My Credit History?The term credit history merely refers to how you have managed your credit and debt over a period of time. It looks at how you have financed purchases, as well as how you made your payments on the amounts financed in terms of the amount paid and whether or not the payments were made on time. It is used by lenders to evaluate how you will handle future loans. They look at your past to predict your Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-7671671964255368477.post-61377536406091894232010-01-16T08:36:00.001+08:002010-01-16T08:36:00.446+08:00Your Rights As A Student Loan BorrowerWhen you accept the conditions of a student loan and sign on the dotted line, then, by law, you become the holder of certain inalienable rights, too. For instance, it’s up to the lender to provide you with the following student loan data:• The complete amount of the loan• Your loan’s interest rate• When you must start repaying the loan• The effect borrowing will have on your eligibility for otherUnknownnoreply@blogger.com1tag:blogger.com,1999:blog-7671671964255368477.post-43659067439250310512010-01-11T08:34:00.000+08:002010-01-11T08:34:00.281+08:00What is Underwriting and How does It Affect my Loan?When you apply for a mortgage loan, the success of your application depends on underwriting. Underwriting is the process used to decide whether to accept or reject a loan application. It is also used to qualify a borrower for a loan program. Qualifying for a loan is not an all-or nothing scenario. A borrower may be rejected for the least expensive loan, but approved for a higher-risk, more Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-5813647452972270902010-01-07T09:14:00.001+08:002010-01-07T09:14:00.706+08:00Thinking About Travel Insurance for HoneymoonOne of the best reasons for you to look into buying a travel insurance policy for your honeymoon is so you have peace of mind should anything go wrong on your trip. There are a number of different kinds of travel insurance policies, and the two of you need to decide which ones are right for your trip.You can buy travel insurance through your travel agent or from an independent insurance agent. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-90515587196649024002010-01-06T09:09:00.001+08:002010-01-06T09:42:23.235+08:00Insuring Your WeddingAs I’m sure you’re aware of at this point, weddings can be costly affairs. With the average wedding in the United States setting the average couple back $22,000 or more, there’s a reason you’ll want to insure your event—it makes perfect sense.Wedding insurance can help you avoid losing any deposits or fully paid-for vendors should certain circumstances prevent you from walking down the aisle on Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-84729752069769813412010-01-06T08:38:00.002+08:002010-01-06T09:42:49.844+08:00Do Not Put Off Your Insuring Engagement RingAn engagement ring is undoubtedly an expensive piece of jewelry, and you should treat it as such by insuring it properly. Think your homeowner’s insurance will cover it? Think again. (You do have homeowner’s insurance, right?)“While homeowner’s insurance covers a lot of things, it doesn’t provide adequate coverage for jewelry,” says Kevin Craiglow, a spokesperson for Nationwide Insurance, who Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-40865030006286772252010-01-05T08:31:00.001+08:002010-01-05T08:31:02.184+08:00Cancelling Your Student LoansWant a free ride on your student loan? You practically have to die to do so. Lenders really want their money back and are loath to let you out of your loan obligations. But, in special circumstances, you can cancel your student loan, or at least part of it. You may be able to cancel your student loan if:• You pass away. If that unfortunate occurrence takes place, then your family or financial Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-58797536255919757962009-12-30T08:25:00.001+08:002009-12-30T08:25:00.747+08:00Why do so many people have bad credit histories?A good way to understand why so many people have a bad credit history is to examine the use of credit cards. There are two ways to use a credit card. One is as a convenience. Those who use credit cards solely for convenience tend to not want to carry a lot of cash and find writing checks to be a nuisance. They pay for their purchases with their credit card and each month pay their credit card Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-70994462518931670552009-12-25T08:20:00.000+08:002009-12-25T08:20:00.552+08:00Recognizing The Red Flags That Lead to DebtWhen you’re paying off your student loans, or paying off any debt for that matter, it’s a great idea to know where you stand financially. Specifically, it’s a great idea to recognize any warning signs that might foretell a personal economic plunge that may take years to recover from. For example, in the student loan repayment realm, three unopened invoices from your lender lying in a pile on yourUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-68678004046361414462009-12-24T09:17:00.001+08:002009-12-24T09:18:50.466+08:00Should You Apply for Student Loan Consolidation?Think of consolidating your student loans as reorganizing all your key business contacts and putting them into one Blackberry or one Rolodex. Or think of it as combining your DVD remote, your stereo remote, your VCR remote, and your satellite TV remote all into one easy-to-handle device.Imagine that? Bundling all your debt into one loan with one bill and one payment—maybe even with a lower Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-7671671964255368477.post-3051671840529848502009-12-22T10:21:00.000+08:002009-12-22T10:21:00.518+08:00What is a loan-to-value ratio?One of the standard procedures before making a loan is to determine the value of the property. This is done by an appraisal, which determines a value for the property for loan purposes. The lender may have its own appraisers (in-house appraisers), or it may use an independent (outside) appraiser.There are several different types of appraisals, some of which are highly complicated and require the Unknownnoreply@blogger.com0