Monday , March 18 2024

Money

Common Sense About Auto Loans (and How Delinquent Subprime Loans Raise Rates for Everyone)

When you first take out your car loan, if you have a low credit score, your interest rate will be fairly high but as you make your monthly payments on time, that consistency contributes to building your credit. What this means is that as you make your payments and your credit score rises, you start to qualify for better interest rates.

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Election 2016: 35th Anniversary of the Largest Tax Cut in American History

August 13, 2016 will be the 35th anniversary of the largest tax cut in American history: The Economic Recovery Tax Act of 1981. This law is generally credited with beginning the economic boom which carried through the 1990s. Why should we take note of this? Because in an election year, economic theory, history, and promises get thrown about like fish at Seattle’s Pike Place Fish Market. Watch out for fishy facts.

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