Related Consumer Finance Programs - The following lists of companies and financial service providers offer services to assist you with handling your debts. Combine debt with a consolidation loan or use a credit counseling or debt relief program for help with lowering your payments and getting your credit card bills and other obligations under control.
- Debt Settlement Company - If you have too many credit cards and other small debts and are unable to make your payments, this form of debt negotiation may be right for you.
- Debt Management Programs - Do you feel that your credit card bills are stacking up with nowhere for you to turn? Your problem is not unique. Signing up with debt management firm may be the right solution to your debt problems. Review different firms offering these services to determine if this is the correct option for you.
- Personal Loan Consolidation - This type of lending is most often structured as an unsecured debt. This means your personal property or house will not used as collateral. Your approval (or denial) will usually be based upon your payment / credit history and your ability to repay the loan. This type of credit is also often called a signature loan.
FDIC Insurance: Do You Know As Much As You Think You Know?
Misconceptions: A Top 10 List
Misconception Number 7: Each beneficiary named on an IRA (Individual Retirement Account) increases the FDIC insurance coverage.
No, the number of beneficiaries on an IRA does not affect insurance coverage. This misconception appears to be based on confusion with the rules for per-beneficiary coverage of revocable trust accounts, as described below.
Under the FDIC's new rules that became effective April 1, 2006, up to $250,000 in insurance is provided for the deposits a consumer has in a variety of retirement accounts, primarily traditional and Roth IRAs, at one insured institution. The previous coverage limit in this category was $100,000. For more details, see FDIC Insurance: What's New, What's Not.
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Last updated on 5/09/2006