BBC Blog Network

User Profile

Erick_Z

Listed below are comments made by Erick_Z between Friday, 27th March 2009 and Wednesday, 1st April 2009.

«Newer
Older»

In debt? Is sale and rent back the answer? 11:14am on 01 Apr 2009 I would suggest a loan modification. A Loan Modification is a permanent change in one or more of the terms of a mortgagor's loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford.Loan modification is for people that have personal loans for their housing, with a single mortgage to pay. Those that own multiple properties, whether for personal use or housing for renters, likely won't be able to qualify. (As WC Fields said, "Landlords should get the chair. For those that have children, increase the voltage.") Unfortunately, a program doesn't exist at present to aid tenants that are displaced as a result of foreclosed on rental properties, as rental units will not likely fall under the umbrella of federal loan modification.
Recession is usually a body-blow for incumbents 10:35am on 31 Mar 2009 It would be better if political advantage will be disregarded in fighting the financial crisis.. That would rather make the situation worse.Unemployment is a growing concern and for good reason. The unemployment rate has hit levels not seen in decades, and a lot of people can't even get an installment loan to keep them afloat until they can gain new employment. Growing contingents of economists are predicting 10% unemployment by the end of this economic crisis; several states are already there. California, Michigan, Rhode Island and South Carolina have all hit 10% thus far in the recession, with Oregon and North Carolina about to cross that threshold. (Wyoming has it good – the sole state under 4 %.) Many companies struggle, and more people file for benefits every day. Let's hope the the good predictions are correct we'll see a drop in unemployment in 2010.
Supermarkets: raided again! 11:28am on 30 Mar 2009 History has shown that the price of shares and other assets is an important part of the dynamics of economic activity, and can influence or be an indicator of social mood. An economy where the stock market is on the rise is considered to be an up coming economy. In fact, the stock market is often considered the primary indicator of a country's economic strength and development. High price of commodities is an indication that there's something wrong with the economy. Families begin to save. Saving money is important. The best thing to do to start saving money is to not go on a grocery spree for all the finer foods at the supermarket. You want to stick to more frugal fare if you're on a budget and don't want to wreck your finances. If the goal is to not waste money, you really don't want to have to look into an online cash advance because you couldn't lay off of the fancy French cheese. You don't want to wreak havoc on the family budget with a fine food glut, if your goal is to be saving money.
Unemployment: How do you cope? 06:34am on 27 Mar 2009 As the recent issue, the global financial crisis spreads , unemployment percentage also continue to raise.. Some who have their jobs before are discharged from their company due to layoffs. Layoffs are no laughing matter, as it consigns people to unemployment and a loss of income, but it didn't stop anyone from creating the Layoff Game. The Layoff Game is similar to Bejeweled, where lining up three of the same types of employees in a row gets them laid off and you save the company money. It is doubtless in poor taste. People that really are unemployed have enough struggles. They can't even get payday loans if they need them. Some dark humor is ok, but with so many people getting laid off these days, playing the layoff game just doesn't seem that funny.
.

«Newer
Older»

^ Back to top

BBC MMVI

The BBC is not responsible for the content of external internet sites

BBC.co.uk

BBC Blog Network

Find and talk to the BBC's bloggers.

User Profile

Erick_Z