Posts Tagged: Finances

Strategic default can be practical

Posted by & filed under Misc.

Saw another story about “strategic defaults” — on CBS. Interesting notion that people still seem to put too much emotion in dealing with an asset that no longer performs. Would you feel bad about selling company stock if it dropped significantly and there was no end in sight? Probably not. Unless you have deeply personal […]

“Free” credit reports are rip-offs

Posted by & filed under Misc.

Credit is a bane (and savior) of American existence. Almost everyone (including some pets) has a file in credit reporting agency. And more and more aspects of everyday life depend on how “credit-worthy” you are. I’m not sure how exactly someone managed to convince, say, car insurance companies, that people who are not deeply in […]