US Savings Bonds

Archive for the ‘Savings Bonds’ Category

Question: Savings Bond Tax Benefit: Higher Education – Loans?

Can I still receive the same tax benefits by applying Savings Bonds to Higher education expenses if I do so after the loans are in Payment status? I wish to apply the Savings Bonds to a third party loan holder (i.e. Wells Fargo) at this point in time; I have already graduated and am current on payments yet wish to apply the bonds to my outstanding loans.
Can I apply at the same benefit as those who apply the bonds to the expenses as they occur?

Answer: No such benefit.

Discussion Panel: Darden Finance Conference 2009

Question: I live in Australia. I currently have 2 defaults (both fully paid) on my credit file totalling $2000.?

The 2 defaults wont be removed from my name until early-mid August 2009. Currently i am totally debt free, but having issues with gaining credit due to the 2 defaults. I am looking into buying my first home when the defaults get removed, by then i should have a significant savings to be used as bond. My question is, if i apply for a home loan in 2009, will there be a chance i may not get approved because i haven’t had a good credit history prior to applying and becuase there is no current credit on my name eg. from telco, bank loans etc. Now, whilst i wait for my home loan, should i consider a car loan (i know i wont get apporved from banks etc) from an organisation that specialisis in bad credit loans (although they are higher in interest) so that i can show the banks by the time i apply for a home loan that i am able to committ to a loan, even though i have had a bad credit experience in the past.
Your suggestions are appreciated. Thanks

Answer: I have listed a source below of mortgage companies in Australia. They all deal with bad credit mortgage loans. They can probably help you out.

A Short History of Time

Question: Is there a good table of all of the interest rates for series EE treasury Savings Bonds going back to the 80′s

Answer: Try this page on the U.S. Treasury site:

http://www.savingsbonds.gov/indiv/research/indepth/ebonds/res_e_bonds_eeratesandterms.htm

Amazing Rube Goldberg Machine