Money Pitfalls

Money Pitfalls:

Get key information on money pitfalls and how to avoid them from experts in the field of personal finance.

Should you take a buyout?

Published: Fri, Apr 25, 2008

An Oklahoma City Public Schools superintendent, at odds with the school board chairman, faces the prospect of being fired.

The superintendent hires attorneys, a public relations firm, and swears he won’t go easily.

Payday Loans, how it works

Published: Fri, Apr 25, 2008

Payday loans, cash advance loans, check advance loans, post-dated check loans, or deferred deposit loans are short-term, high-rate loans. The borrower writes a personal check payable to the lender for the amount the person wants to borrow, plus the fee for borrowing. The company gives the borrower the amount of the check less the fee, and agrees to hold the check until the loan is due, usually the borrower’s next payday.

Credit offers in college

Published: Fri, Apr 25, 2008

For some students, getting a credit card when they start college is a rite of passage that teaches financial responsibility.

For others, it’s the beginning of a lifetime of debt and money woes.

Financial education can make the difference, say money advisers.

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