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When debt piles up, you have several options for paying it back, including debt consolidation. However, your credit can be affected by debt consolidation. What is debt consolidation? Debt consolidation means taking out one new debt consolidation loan large enough to repay some or all of your outstanding debt. You get the money, pay off […]

Some hopeful homebuyers know they can afford a mortgage payment – in many cases it’s lower than rent – but struggle to come up with the down payment. Saving that much money is a challenge for most of us. In some metropolitan areas, average home prices are very, very high, requiring a down payment of… Read More

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Here’s a snapshot of today’s housing market nationwide. Rising prices Home prices in 133 of 150 major metropolitan areas rose sharply in the first quarter of 2013, experiencing their biggest gains in many years. The national median price for an existing single family home is now $176,600 – up 11.3 percent from one year ago…. Read More

The post Today’s Housing Market – What You Need to Know appeared first on Credit Sesame.

For passengers affected by air traffic delays caused by the recent sequester-related spending cuts, some rewards credit cards helped ease the pain. Sequester-related budget cuts Budget cuts forced the FAA to require employees to take an unpaid day every two weeks, which effectively reduced the air traffic controller workforce by about 10% each day. Cascading… Read More

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Getting more for your money Can you get a free vacation just for doing home improvements? Maybe. Issuers competing for your business offer credit card rewards of every variety. You’ll find a reward program to match just about any hobby or interest – offering airfare, hotel rooms, concerts and sporting events, VIP upgrades, gifts, gift… Read More

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Many borrowers want to take advantage of the record-low interest rates that are currently available, and are anxious to do so before home prices rise. But lending requirements are much stricter than they were in the mid 2000s, as a result of the exposure of bad lending practices that ultimately contributed to an explosion in foreclosures. Continue reading