Remar's Report

Buying a New Car? Prepare for Sales Ploys That Can Cost You

Automotive advertisements hawking 2015 models and new 2016s are crowding TV and radio broadcasts and filling the pages of online and print news media. All of them have a deal for you. And you've got to act quickly to save big!

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Thinking of a Reverse Mortgage in Retirement? Facts to Consider

Have you seen or heard an ad for reverse mortgages? Did you find it interesting? In a recent study, the Consumer Financial Protection Bureau (CFPB), found that many ads discuss the benefits of reverse mortgages without mentioning the risks. They also found many ads make incomplete and inaccurate statements describing the loans. If important loan requirements were listed, they were often buried in the fine print.

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Checked Your Credit Report Recently? Four Reasons to Do It Now

The information in your credit report affects many aspects of your financial well-being. It informs your credit score, which affects your ability to borrow money and the interest rates you will pay on every loan from credit cards and auto loans to home mortgages. It can also affect the insurance rates you’ll pay or your ability to land a new job or rent a new apartment.

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Have Student Loan Debt? Six Tips to Pay It Off Faster

Debt from student loans for higher education is now the largest category of debt in the U.S. As of December 2014, over 43 million borrowers owed a cumulative total debt of over 1.2 trillion dollars in federal and private student loans, according to a recent study by the Federal Reserve Board of New York. The average individual debt is $26,700.

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Arm Yourself Against Fraud Directed at Seniors

Some of today's most popular financial frauds tend to target older adults. Why? Like the old bank robber said, because that's where the money is. Most older adults have accumulated more assets than younger adults. They also tend to have good credit. Although many of the following scams can trick and trap people of any age, if you or a family member is over 55, you should be aware of these fraudulent schemes and how to avoid being taken in by them.

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Living Paycheck to Paycheck? 7 Tips for Saving More Now

Are you or your family living right up to your income? Or perhaps you are going a bit beyond your income to make ends meet—running up credit card debt or dipping into savings. If so, you are not alone. At least 47% of U.S. households spend all of their income (or go beyond) according to a new report based on national data and prepared by the Pew Charitable Trust.

If you find yourself in this situation—or close to it—it’s time to pause and look for new ways to cut spending and enhance saving. Having even a small emergency fund can put you and your family on a more secure financial footing. Here are some tips to help. Some steps you can take today, others require a little more planning.

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