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5 Steps to Getting Your Car Paid Off Early

Paying off your car loan early will save you hundreds of dollars in interest charges, eliminate a monthly expense, and increase your credit score as your rate of debt to income goes down. Plus, you’ll get a real sense of accomplishment knowing that your car is completely yours, free and clear. 1. First do your homework Review your loan paperwork before you start. Most car loans are simple interest loans. That is, the interest accrues during the life of the loan, so paying it off early will save you a lot of money. In a precomputed interest loan, on the … Continue reading →

Your Guide to Insurance Savings

Everyone has to carry some form of insurance, whether it is homeowners insurance, renters insurance, auto insurance or private medical insurance. Being able to find ways to reduce the amount that you have to pay on your premiums is important. With less money leaving your family budget for insurance, you’ll have more money for savings and other needed expenses. 1. Raise your deductible If your insurance deductible is less than $500, consider raising it to at least that amount. The higher your deductible, the lower your insurance rate. The deductible is the amount that you will pay first before the … Continue reading →

The Affordable Care Act is Here to Stay

President Obama has been elected to a second term, and the Affordable Care Act is here to stay. This is wonderful news for all Americans! The ACA has already provided benefits that many families have experienced. Those will continue, and more are coming up between now and 2014. The Affordable Care Act was signed in 2010. The Supreme Court ruled, in June of 2012, that the Affordable Care Act will stand and will continue. As you are probably aware, the Republican party platform for the 2012 election emphasized their interest in repealing the Affordable Care Act. President Obama won the … Continue reading →

Make Sure Your Auto Insurance is Real

Many states require drivers to have current auto insurance coverage. Honest people will follow the law and purchase car insurance coverage. Unfortunately, some drivers in Detroit may have ended up buying fake auto insurance from a very dishonest person. Check to see if your policy is real. Your state probably requires all drivers to be covered by auto insurance. This means that you must purchase it in order to comply with the law. Without it, you could be in for some big trouble if you ever are pulled over by a police officer. Even if your state doesn’t require you … Continue reading →

You Can’t Apply Online for Medicaid in Arkansas

Many states will let people apply for Medicaid online. Some require people to apply online. Arkansas, on the other hand, makes people apply in person, (carrying a bunch of official documents). Clearly, the state of Arkansas wants to make it extremely difficult for people to apply for Medicaid. Medicaid is a public, or government run, form of health insurance. It is designed to enable individuals and families who are low-income, and who cannot afford to purchase a health insurance plan from a private insurer, to be able to receive the health care they need. Medicaid is funded in part by … Continue reading →

Trying Once Again to Get Health Insurance

My husband and I have been trying to find affordable health insurance. It is completely frustrating! There were several months when we gave up even trying to get it. Recently, we started again. The struggle continues! This all started when I lost my job in 2009. I had health insurance from this job that covered both myself and my husband. In the blink of an eye, that was gone. Our first attempt to find health insurance coverage was through COBRA. This was supposed to allow us to extend the health insurance coverage that I’d lost. Unfortunately, the cost of COBRA … Continue reading →

Make Sure Your Ex is Off Your Health Insurance

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If you have health insurance, then you most likely got it as a benefit of your job. You probably added your spouse to the policy so that he or she was covered as well. If you end up getting a divorce, then your ex is no longer eligible for coverage through your health insurance. This doesn’t necessarily mean that your ex actually stopped using your insurance, however. You may want to check on that. When a couple gets divorced, this can cause changes to every type of insurance policy that either person had their name on while they were still … Continue reading →

Helpful Things to Add to Your Car Insurance

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A typical car insurance policy will cover many of the situations that you could experience while driving. However, it simply doesn’t cover everything that could possibly happen to you. Adding extra insurance onto your car insurance policy can raise the cost of your premium, but it may be worth it. In order to determine what types of things could be advantageous for you to add to your auto insurance policy, you first need to figure out what is already covered. This can prevent you from adding something that you don’t need to because you already have coverage for it. Generally … Continue reading →

What Kinds of Insurance Do New Graduates Need?

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Young adults who have just graduated from college are transitioning from being a student, to joining the rest of the adults in “the real world”. One of the first things new graduates need to do is make sure that they are properly covered by certain kinds of insurance. Yes, insurance premiums can be pricey, but life can get a lot more expensive for those who have no protection from insurance. Where are you going to be living? If you are renting an apartment, then you are going to need renters insurance. This type of insurance policy is designed to replace … Continue reading →

Insurance Tips For the Recently Divorced

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Going through a divorce is stressful. It requires a person to make a lot of changes that can be difficult to experience, from both an emotional and financial perspective. People who have recently gotten divorced should take a look at their existing insurance policies. You might want to make some changes to them, for your own protection. The National Association of Insurance Commissioners (NAIC) has put together some tips that can help people who recently got divorced figure out what changes they need to make to their insurance policies. Now that your divorce has been finalized, it is time to … Continue reading →