What exactly is a HELOC? HELOC stands for Home Equity Line of Credit. It’s a credit line offered by a bank with the borrower’s property equity serving as collateral for the loan. The equity is the difference between the market value of the property and the amount still owed on mortgages or other encumbrances. For example, if ...

Click here to read complete article.

Announcement: We have decided to extend the period for matching your charitable contributions through the end of this week. Contribute to your favorite charity this week and forward your contribution receipt to us. We will donate a matching amount to the World Food Programme. Here are the complete details. Over the past few weeks, Consumerism Commentary ...

Click here to read complete article.

On behalf of myself, Smithee, and Tom Dziubek, to all those who celebrate today, have a happy Thanksgiving. I will be spending the day with my girlfriend’s family in New York. Although there’s nothing that makes one day of the calendar inherently more special than any other day, Thanksgiving is a good opportunity to think ...

Click here to read complete article.

Tiger Woods Affair Rumor Oh Tiger, please say it ain't true! (Photo via Keithallison, Flickr.com) From politics to sports, more people are getting caught up in this game of lust. It seems no matter what type of business it is, it seems there’s always a self-serving, egotistic individual who can’t keep their stuff in their pants. Now, ...

Click here to read complete article.

Over the past couple of weeks, six finalists have been auditioning for the opening of “staff writer” at Consumerism Commentary. Each is providing two guest articles to share with readers. After the six writers have shared their guest articles, readers will have an opportunity to provide feedback before we select the staff writer. This article is ...

Click here to read complete article.