Debt Management, mortgage and credit news - a blog for the average consumer.

Is the 50-year mortgage next?

50 Year Mortgages may be even worse than an interest only loan because you think that you are making payments to principle when in fact they are so small that most of your money goes …

It’s usually best to avoid automated payments.

More and more people are giving their vendors the right to make automatic deductions from their checking accounts or make recurring charges to their credit cards. Except in a very few cases, we recommend …