Related Services - The following company listings on the Debt Consolidation Loan Directory are offered to assist you with handling your credit card bills and other monthly payments. Also, in addition shop for other financial services ranging from credit card offers to home and car insurance.
- Debt Management Credit Counseling - Too many credit cards and other bills to make monthly payments on? Start here by reviewing and comparing different debt management options for getting help with your credit card bills and other monthly obligations.
- Debt Settlement Help - Too much debt? List of companies providing this alternative to bankruptcy that provides for debt negotiation and arbitration services for those that need to eliminate debt.
- Debt Consolidation Service - If you have a large amount of credit card and other debts, now may be a good time to consolidate your debt and lower your payments.
Expanded FDIC Insurance for College Savings Accounts
A new rule from the FDIC provides that people who place "529-plan" college savings into bank deposits are better protected against loss if the bank were to fail. State-sponsored 529 plans (named after section 529 of the Internal Revenue Code) are tax-advantaged accounts that help families and individuals save for higher education expenses. Under the new rule, deposits that a 529-plan administrator places at a bank on behalf of many different individuals are federally insured up to $100,000 for each participant, not to $100,000 for all of the participants combined. While most states don't allow participants to have their 529-plan money placed in bank deposits — they instead limit the choices to investments such as stocks and bonds — several states have begun adding bank deposits as an option. The rule took effect December 27, 2005.
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Last updated on 2/02/2006