A ThinkGlink reader is a reluctant landlord and has a tenant that wants to break the lease. Ilyce explains how he should deal with the tenant and why he should sell the property.

They finally have the “official” uniform sweat pants….we were lucky, Ale has PE on Tuesdays and Fridays…that means I’m only buying her 1 pair, and not 2 (as I would have if the PE sessions had been closer to one another– rainy season lasts 6 months, after all… and we don’t own a dryer!)

If investors won’t buy packaged loans from Fannie Mae and Freddie Mac, they don’t have cash to buy loans from lenders. Then, lenders won’t have cash to give you a mortgage to buy your house. Then the entire housing market grinds to a halt.

is threadbare and has to go!…I will darn it and give it to charity (the bad spot is near the seam, so perhaps someone skinnier can use it and just take in the seams!)…I will darn it carefully before putting it in the To Give Away bag…)
I’ve had it for way too long, but…

ugh! have to blog about this one! I get a message from the bank in my machine…they want to “speak about the delinquent payments on the personal loan AND credit card…it’s about the designation of a lawyer, better call us and avoid and embargo!”…WHA???…

1. my cc is NOT delinquent….

due for tomorrow am, no less!…it’s about 35 pages (though only abou 3,500 words, so not as bad as it seems, but it has a lot of tables (empty, thank God!) and they take a lot of space!

gotta go!

A ThinkGlink reader put a down payment on a home and then was denied financing. Now the seller refuses to refund the deposit. Ilyce explains that the contract will spell out if this reader is entitled to his deposit.

By Justin McHenry

Office supply store Office Depot will begin accepting “contactless” credit cards in its 1000+ stores later this year, including MasterCard’s PayPass cards and American Express’ ExpressPay cards. The move is a victory of sorts for the contactless technology, which to this point has been available mainly at food-related merchants such as quick serve restaurants, convenience stores and sports stadium concessions. Moving into the retail arena, especially with a retailer whose main clientele is small business owners, could significantly increase contactless acceptance by both merchants and card customers.

MasterCard’s PayPass and ExpressPay from American Express both use radio-frequency identification (RFID) chips in their cards in order to speed credit card transactions. Instead of swiping their cards, consumers can just tap them or wave them in front of a reader to complete checkout. For smaller purchases, signing a credit card slip is not required, moving the purchase along even faster.

In related news, American Express also announced the introduction of its contactless technology at Braum’s Ice Cream and Dairy Stores. a regional merchant with 276 retail stores throughout Oklahoma, Kansas, Texas, Missouri and Arkansas.

A ThinkGlink reader would like to borrow money but has a credit score in the 500s. Ilyce suggests checking out FHA loans and credit unions.

I withdrew $40 from my account today and, nearly had a heart attack when I saw the balance: $91…I thought I was supposed to have ~$130 (DUH-H! yep, I HAD $131…minus the $40 withdrawal!!!) the thing is, in reality I still have $121…but, sis isn’t giving me her share of the household…