<$Friday, February 8, 2008$>
Lender searches made easy
| *Sponsored Post* I don't have the discipline to pull this off, but a lot of frugal hackers save a lot of money by making all of their purchases with credit cards that offer reward incentives. Some get to take free trips with frequent flier cards, some get cash back, and some just get a percentage instantly knocked off all of their purchases. Even I use a rewards card that offers 5% cash back to make all of my gasoline purchases--which every few months amounts to a free tank of gas. Of course, to do this and save money you have to be in a situation where you can pay off your entire balance each month. It won't save you any money to carry a balance and rack up interest. For a while there, I tried using a cash back incentive card for all of my purchases, hoping it would save me some money; but once I started falling into my old overspending habits, I had to quit. So this system isn't for everybody. But if you think it's for you, you can get a Credit Card with Centrro--a financial search engine that can quickly and easily match you up with the rewards card that's right for you. You can also get a Loan with Centrro, be it a first time mortgage or a home equity loan. They'll match you up with at least four potential lenders with the best offers. Filling out the quote request form only takes a minute. I didn't get a list of potential lenders, though--instead I got a promise that I'd hear from the top lenders with offers matching my criteria within twenty-four hours, so we'll see how that goes. We've already decided that if for some reason we don't qualify for a fixed interest loan, we'll most likely pass on buying and go back to looking for a place to rent until we DO qualify. Sub-prime and adjustable loans are what got the housing market into the mess it's in, and we're not about to exacerbate the problem if we can help it. Labels: credit cards, disclosure, loans |
