Comments on: Friday Financial Foul Ups: There’s Nothing Interesting About Interest-Only Loans

By: Book Review & Giveaway: The New Rules for Mortgages | Enemy of Debt: Where Behavior Meets Reality

Sat, 26 Feb 2011 22:07:09 +0000

[...] shady mortgage brokers perspective, you will at least know what it is they are selling. We have an interest-only mortgage and my advice would be to RUN as fast as you can in the other direction!!! (not kidding) Once [...]

By: Friday Financial Foul Ups: Not Paying For Value | My Next Buck

Friday Financial Foul Ups: Not Paying For Value | My Next Buck — Tue, 14 Sep 2010 17:50:10 +0000

[...] Revanche (A Gai Shan Life) – Sibling Bailouts Cost More than Just Money Foul Up #10 – Brad (Enemy Of Debt) – There’s Nothing Interesting About Interest-Only Loans Foul Up #9 – Jason (Redeeming Riches) – Buying a Car with a Balloon Payment at the End [...]

By: Friday Financial Foul Ups: Uncorrected Investment Decisions | My Next Buck

Friday Financial Foul Ups: Uncorrected Investment Decisions | My Next Buck — Fri, 16 Apr 2010 12:09:17 +0000

By: Friday Financial Foul Ups: Giants, Elves, and the $86 Movie I Never Even Finished | My Next Buck

Fri, 12 Mar 2010 11:28:30 +0000

By: Friday Financial Foul Ups: “Love” Can Hurt Your Financial Situation | My Next Buck

Fri, 12 Feb 2010 11:03:06 +0000

By: Friday Financial Foul Ups: Trying to Get Rich Quick | My Next Buck

Friday Financial Foul Ups: Trying to Get Rich Quick | My Next Buck — Fri, 05 Feb 2010 12:36:19 +0000

By: Financial Foul Up: Black Friday’s Purchase Become a Dust Collector | My Next Buck

Fri, 29 Jan 2010 11:17:02 +0000

By: Friday Financial Foul Ups: Speeding Up Payments on Loan Interest, Not Principal | My Next Buck

Fri, 18 Dec 2009 11:43:18 +0000

[...] #11 - Revanche (A Gai Shan Life) – Sibling Bailouts Cost More than Just Money Foul Up #10 - Brad (Enemy Of Debt) – There’s Nothing Interesting About Interest-Only Loans Foul Up #9 - Jason (Redeeming Riches) – Buying a Car with a Balloon Payment at the End Foul [...]

By: Friday Financial Foul Ups: Sibling Bailouts Cost More Than Just Money | My Next Buck

Fri, 04 Dec 2009 13:58:37 +0000

[...] Up #10 – Brad (Enemy Of Debt) – There’s Nothing Interesting About Interest-Only Loans Foul Up #9 – Jason (Redeeming Riches) – Buying a Car with a Balloon Payment at the End [...]

By: Evolution Of Wealth

Evolution Of Wealth — Sat, 21 Nov 2009 03:22:08 +0000

It sounds as though you had an interesting experience. It seems like you’ve learned some things about yourself and finances in the process, that is always a good thing. Thank you for sharing your experience.

I think an interest-only loan can definitely work with the right people in the right situation. The problem is how misunderstood and misused they are. I also wrote a post call “Your Mortgage: When 30 beats 15″ http://evolutionofwealth.com/2009/09/15/your-mortgage-when-30-beats-15/

I look forward to your thoughts.