One really caught my eye. Although I knew about this new rule, I wanted to point out how to avoid any extra charges or increases in interest rates.  This is what it says:

Late Payment Warning: If we do not receive your minimum payment by the date listed above, you may have to pay up to a $39.00 late fee and your APR will be subject to increase to a maximum penalty of 29.99%.

This means that if I am one day late with my payment, they will charge me 39 bucks and probably have the ability to increase my rate to wow 29%. That would be horrible. Any excuses for late payments, (such as the dog ate my bills, I left my briefcase on the bus or we were away for a month and did receive our mail) will not stop them from hitting you both ways. So, what to do to avoid this happening?

Apply for the AutoPayment feature on all of your credit cards. AutoPayment is very simple; it allows you to have your credit card payment taken out of your checking account each month on the due date. They give you choices, such as minimum payment, monthly charges or total balance. It is easy to do online, and takes a month or two to go into effect.  Also, note that if the online feature is not available, you might need to send down a voided check. Anyway you have to, go AutoPayment, it will not fail you. Never a late payment shall you have! – FROM DALE ROBYN SIEGEL

ABOUT THE AUTHOR…Dale Robyn Siegel is a licensed attorney in New York and President of Circle Mortgage Group, in Harrison, New York. She is an adjunct professor at NYU Schack Institute of Real Estate as well as Baruch College. She is the editor for the blog “Diaries of a Mad Mortgage Broker” and has been speaking to the public and teaching real estate professionals about mortgage finance for the past ten years. She is a sought after expert on all things real estate and frequently quoted in national publications such as The New York Times, Smart Money and BusinessWeek. She is currently working on a second book, The 20 Hour S.A.F.E. Comprehensive Mortgage Loan Originator Course Textbook. This course is now required nationally for all those mortgage professionals with direct consumer contact. She is teaching the course herself in the New York Metropolitan area. Siegel holds both an MBA and a Law degree which have given her the base to be a leader in her field.

Follow the author: Twitter – Website – Facebook - LinkedIn

ABOUT THE BOOK…THIS BOOK IS the latest and most current how-to book on how to get the best mortgage and the lowest interest rate out there….. The book is short, around 200 pages, so there is no room for fluff or filler. It is easy to read, set up in chapters and short essays on specific topics. A how-to book on real estate written by an attorney, 20 year veteran in the mortgage industry AND a college level professor. The material is a combination of her classroom format, her every day knowledge and expertise combined with real life experiences to bring the point home. This works and you will love it!

A few interesting and favorite topics covered in 300 words or less: * What are the new guidelines for FICO scores and loan to values and how do they affect mortgage rates? * What is Rapid Rescore Response and can it really improve your credit score in 48 hours? * How to get money from your 401k without a penalty * When can a loan from my father-in-law be called a gift? * Why is now so important to show as much money in reserves as you can? * PMI v self insured. Which one is the bigger rip-off? * What will it now cost you to refinance your home and pull cash out? * Appraisal fraud and how is it affecting the value of your home * What is an appraisal contingency clause vs. a mortgage contingency clause and how can you lose your deposit if you do not know? * Points, origination fees, discount fees and broker fees. How do you avoid them all? * What really affects the mortgage rates? * Where do you find the best lawyer in town? – FROM AMAZON

The 3 Secret Pillars of Wealth is the book that demystifies necessary financial know-how and shows you exactly how to create wealth in any economy. If you’ve been hit by hard times and starting over, looking for retirement income strategies or searching for answers in an uncertain retirement future then this book was written just for you. I make it easy by summing up the gold at the end of each chapter so you can use it to build wealth. – FROM AUTHOR SITE

AUTHOR GUEST POST…Hope is not an investment strategy. If you’re like most people, you hope for a comfortable retirement doing what you like to do, free from financial worry. But have you asked yourself the tough questions that need answering before you can begin attaining your retirement goals? Do you even know, in specific detail, what your goals are? Do you want to live in the lap of luxury or merely continue living the lifestyle you currently enjoy? And do you know what it’s going to take to be able to do those things?

Most people have never really taken a hard look at where they are financially and what it would take to reach their goals. That’s because financial decisions are emotional and difficult, and change often involves risk. But change is what’s needed if you want to start thinking and acting like someone in control of his or her finances. Investors think differently than non-investors and I need you start thinking like an investor if we’re going to get your money to start working for you.

Before we get started, though, I want you to understand a few things about my approach to wealth building. While I believe that you can amass great wealth by sticking to these pillars of wealth, I don’t want you thinking that this is a get-rich-quick book or that I expect you to immediately understand everything about wealth building just because you’ve read my book. This is going to take work and patience and planning, and maybe even help from a financial professional.

I believe in planning for the entire length of your lifetime, and that your plan will need updating and adjustment to survive as long as you do. Financially successful people understand that amassing wealth isn’t about gimmicks or following the crowd. In order to create wealth you have to take a serious look at what’s best for you and your family. There is no one-size-fits-all financial plan.

I’m going to ask you to think like a corporation and honestly look at your personal cash flow. Would you buy your family business as it is today, based on your personal balance sheet? Are you running the family finances to the best of your abilities, and are you using the Three Secret Pillars of Wealth? Recently, three of the richest men in the world were asked by Forbes magazine what the best investment advice that they’d ever heard was. Together, these three men identified the three pillars of wealth, and I want you to learn how to use them to the same great effect as these billionaires.

ABOUT THE AUTHOR…James G. Burns

• an Orange County Tax Attorney who earned two law degrees, the second in taxation.
• served honorably in the United States Marine Corps’ Force Reconnaissance which is akin to the Navy SEALs program.
• is the principal at the Law Office of James Burns.
• is CVO or Chief Visionary Officer of White Diamond Properties, Inc. a real property investment acquisition firm.
• is on the Advisory Board of Wave Uranium Holdings (WAVU.OB). A publically traded company that engages in the acquisition, exploration, and development of uranium properties in the United States.
• is on the Advisory Board of Stone Equity group which is a real estate investment firm.
• is author of the newly released book “The 3 Secret Pillars of Wealth” www.3pillarsofwealth.com

Eddie

The current housing crisis is caused by a lack of quality relevant local information and a lack of due diligence on loans and loan packages (MBS). Can the sub-prime housing market crash occur again in your town? Noted Real Estate author, analyst and lecturer Eddie Godshalk, fore-warns that the answer is yes, because the loan approval process is currently encapsulated with only a few profiles of three to six month old data. There is no consolidation of local meaningful data to mitigate risk. “To conduct meaningful real estate due diligence, you need to know how one block compares to another block and the surrounding blocks and use updated current information,” states Eddie Godshalk, Author of The Missing Keys to Thriving in Any Real Estate Market and CEO of Silicon Valley, based Value Predictor, LLC.

To find out more about author, Eddie Godshalk, go to http://www.homevaluepredictor.com/ and http://www.articlesbase.com/authors/eddie-godshalk/64119.htm.

All commenters will receive a copy of the book.

ABOUT THIS BOOK…Browse Inside THE WALLSTRIP (TM) EDGE

In THE WALLSTRIP EDGE, Howard Lindzon, founder of Wallstrip.com and co-creator of www.stocktwits.com, shows readers how to profit from his straightforward investment philosophy — a unique trend watching philosophy that made Wallstrip.com such an amazing phenomenon, including how to look at trends from a different perspective, knowing when to buy a certain stock, how to hold it, and of course when to sell. It’s all done using the power of the Internet and your own instincts. It’s a surprisingly simple (and fun) strategy that works, and best of all, you don’t need to be a financial genius to make it work for you.

Watch THE WALLSTRIP EDGE – EPISODE 1

Visit:
http://howardlindzon.com
http://stocktwits.com

Follow Howard:
http://stocktwits.com/u/howardlindzon
http://twitter.com/howardlindzon

Listen to an interview at BlogTalkRadio

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The Book Faery Reviews is having a Book Giveaway 3/2-3/4

• Giveaway ends on: 3/4/09 at Noon ET, Winner to be randomly selected and posted by 3/5/09. Winners have 48 hours to contact me with mailing addresses once notified of winning.
• Copies available: 3 hardcopies
• Countries available: USA & Canada; No PO Boxes

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