Renting Your Basement – 6 Reasons You Should and 6 Factors to Consider

Renting a basement

Whether you are a new homeowner who has just joined the ranks of home ownership, or a baby boomer with many years in your current home, chances are that you have unused space in your home. And chances are that you could use some extra cash. This article provides renting advice for renting your basement.

Renting Your Basement – 6 Reasons Why You Should:

1. That unused space could be an open, empty basement in your new home that can be developed into an apartment...

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Credit Report: 4 Important Steps to Dispute the Wrong Information

credit score

If there is any wrong information in your credit report then you need to dispute it properly. Under FCRA or Fair credit reporting act, the credit reporting bureaus – Equifax, Experian and Transunion should rectify the false information that is written on your credit report. Besides this, the creditor that has given the false information on your report should make it a point to rectify it too.

You should evaluate your credit report once every year in order to see if you are having a good credit score and also if there is any mistake on the report...

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US Debt Cannot be Eliminated because of Political Indecision

US Debt

The political indecision is considered to be one of the main problems as to why the US debt issue is not going away for once and all. While the Democrats are considering the glass as half full, the Republicans are considering it half empty. That is the main reason as to why the US debt can’t be done away with. One party is trying to establish their viewpoint while the other is trying the same.

What the two parties and the politicians are failing to realize is that, the problem is what matters and solving it is too...

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How to Handle Payday Loans by Avoiding the Demerits

Payday loan

Numerous people find payday loans advantageous enough. Easy accessibility is the actual reason behind this. You neither have to produce your credit report nor your bank details to get a payday loan. However, the actual picture isn’t that pretty at all. There are several disadvantages of payday loans that every consumer must know before taking out one.

The Demerits of Payday Loans that you Must Know

Go through the following demerits of payday loans to get an idea about the exact scenario:

1. The interest rate is considerably high: Payday loans come up with extremely high interest rate...

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Essential tips to avoid falling in income tax debt – Don’t stay under the gun of the IRS

Reduce Tax Debt

There are many people who carry different forms of debt, whether mortgage debt, car loan debt, student loan debt but one kind of debt that most consumers avoid falling into is IRS debt. Income tax debt is something that is much different from that of normal debt as you can’t escape this kind of debt either through bankruptcy or any other option.

The Federal government will take stringent steps to assign debt collection agencies who will harass you until you ought to pay back your taxes...

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Don’t Spoil Your University Life by Racking Up Debt – Tips to Bid Debt Goodbye

Education Debt

University life is the most memorable period of one’s life as there are so many great experiences you can get to be a part of. Along with the financial independence, the learning and the social aspects are also a lovely part of growing up. However, amidst all the benefits of being in college or university, the only thing that weighs on the students and parents are the expenses that are involved in the entire process. Too often, there are people who overlook the actual costs that are involved in a university and it is then that they start racking up debt.

With the rise in the college costs, m...

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Applying for Canada Pension Retirement Benefit: 7 Factors to Consider

Applying for Canada Pension

As a result of recent changes in the Canada Pension Plan (CPP) rules and regulations, a frequently asked question is “When should I apply for CPP benefits?” Is it at age 60? Or 65? Or 70? This article addresses 7 important factors that should be considered when applying for Canada Pension.

1.   Maximizing Benefits

In the past, many Canadians have chosen the earliest possible time when applying for Canada Pension, which was when they reached age 60. In doing so, the monthly benefit was reduced by a specific amount as compared to waiting until, say, age 65...

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5 Changes to CPP Retirement Benefits and How They Affect Canadians

changes to CPP

The Government of Canada has stated that the long term sustainability of the Canada Pension Plan (CPP) is threatened by increasing demands being placed upon it. Consequently, ongoing changes to CPP are being implemented in an effort to alleviate that concern. This article focuses on these changes and how they affect Canadians.

Maximum Pension Amount

The CPP provides a monthly retirement pension to contributors. In 2013, the maximum amount, when applying at age 65, is $1,012.00 per month ($12,144.00 per year).

What Changes to CPP are Being Made?

The following information, obtained from the Serv...

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