Business: Where Is America Headed To?, New York Millionaire Wonders
Hello! Happy new year. May you live a long healthy life and prosper.According to a study by US dept. of Health & Human Services, 96% of Americans never achieve financial independence. They end up depending on charity, welfare, family, or are forced to keep working past their retirement age ... more...

What You Should Avoid in the Months Before a Home Purchase
Buying a home is a big step and there are some definite no-nos to avoid so that your home buying experience isn't something that makes you want to jump off the nearest bridge. While many people assume we are talking about the 'shopping around and making an offer' period no-nos, we are actually ... more...

Accounts Receivable Factoring - A Viable Cash-flow Solution for Small and Medium-Sized Enterprises
The pace of change in todays business environment is inarguably staggering. Growth of e-commerce; changes to business structures; evolving relationships; changes to funding arrangements; access to capital and its sources. All occurring at increasingly exponential rates. Fast. The fact that there is ... more...

Eight Common Predatory Lending Schemes
Predatory lending is far more prevalent in refinancing than in the purchase market. One reason is that buyers tend to look for mortgages from established and recognized lenders, many of whom are bound by rules put forth by Fannie Mae, FHA, or the Veterans Administration. If they don't follow the ... more...

The US Dollar Is Not Weak
In 2004, The USD Was Falling, But the Dollar Was Never Weak!Germany's long term economic policy has been to cultivate a permanent trade surplus by saving more, and consuming less. But there is another side to their trade surplus/high savings rate story. Growth in Germany is 1/3rd that in the US, ... more...

Home Loans For People With Adverse Credit History
Whether you are planning to purchase a home for the first time or refinance an existing mortgage, plan on comparing lending companies before you accept a financing offer if you have adverse credit history. Sub prime lenders specialize in offering loans to people who have a high-risk credit history. ... more...

The Truth In Lending Act
With a stated objective to help consumers, Congress deemed it fit that to enhance "economic stabilization and competition among the various financial institutions," lenders must give written disclosures on cost of credit and various terminology of repayment.Thus lenders are required by law to make ... more...

How Payday Loans Work
Imagine this: you get paid once a month, at the end of the month. But three weeks into the month you find you've been invited to a great weekend bash at a friend's cottage. Do you say no because it doesn't fit into your budget? Or is there something else you can do to help you get a bit of extra ... more...

13 Extra Costs to be Aware of Before Buying a Home
Whether you're looking to buy your first home, or trading up to a larger one, there are many costs - on top of the purchase price - that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an unwanted financial ... more...