I need some house buying help, and advice about whether to pay off my loans now or save more for the down payment. [more inside]
I have just spent the afternoon watching stocks around the world decline partially based on sub prime market fallout. My question is how can things be so great when the Fed is handing out stacks of cash to keep things stable (34 Billion USD and counting, not including the international bail out)?
I'd welcome hearing of Mefites who have had experiences with the Prosper website as a borrower. (Or, if no one can help me on that, recommendations for Chicago or national credit unions accessible to most anyone.) [more inside]
I've got two credit cards with interest rates of 21.24% and 23% - both with balances over $5K. Both banks have sent me convenience checks - one with 3.99% fixed APR for life of balance - the other with 0% through August (then 17% after). Can I 'swap' the debt from one card to the other by using a convenience checks to pay the balance and getting lower interest rates? I'm paying my debt off every month - but if I can get it to grow slower, I thought this would be a way to do that.