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...YOUR BEST INTEREST? Taking out an interest-only loan means that at least initially, all you're paying back is interest; you're not making a dent in the principal until after the interest-only introductory period, typically five or 10 years down the road. So if you bought a $300,000 home, put down 10% and signed a 5.75% interest-only adjustable-rate mortgage, you could expect monthly payments of $1,294. But interest rates are low now. If after five years they inch back up to a more normal 8.75%, you would find yourself staring...

Author: /time Magazine | Title: Money: Are You Overleveraged? | 2/26/2006 | See Source »

...require minimum payments to cover interest and fees plus at least 1% of the principal. For the 7% of consumers who pay only the minimum, that will mean writing fatter checks. But what if you're sick of the whole plastic ride and really want to put a serious dent in your debt? Here's how to get started...

Author: /time Magazine | Title: Money: Trimming Your Debt | 1/8/2006 | See Source »

...first time. Hwang, one of South Korea's most famous writers, spent five years in prison for a 1989 trip to Pyongyang, flouting a ban on unauthorized contact with the North. He was pardoned by President Kim Dae Jung, but a stint in jail clearly failed to dent his taste for controversy. The Guest, the title of which is a translation of the Korean term for the imported disease of smallpox, describes what Hwang sees as the pernicious influence of "cultural imperialism" on Korea. He focuses on a massacre that took place in late 1950 in North Korea's Hwanghae...

Author: /time Magazine | Title: The Ghosts of War | 1/1/2006 | See Source »

...high scorer with 15 points. Four of Goffredo’s conversions from the line came as a result of two technical fouls awarded to New Hampshire forward Blagoj Janev and coach Bill Herrion with 33 seconds to go. “The foul trouble put a dent into their team,” Harvard coach Frank Sullivan said. “They were mixing and matching with lineups and that was tough for them.” Janev was the Wildcats’ leading scorer entering the contest, but foul trouble kept him sidelined for a significant portion...

Author: By Michael R. James, CRIMSON STAFF WRITER | Title: Harvard Overwhelms UNH to Stay Perfect | 12/1/2005 | See Source »

...basket to the tune of 25 team fouls for New Hampshire. Every Wildcat player who saw action had at least two fouls, and leading scorer Blagoj Janev was limited to just 20 minutes and two points because of fouls. “The early foul trouble put a dent in their team,” said Sullivan. “They did a lot of mixing and matching lineups.” Harvard, which didn’t pick up its first team foul until there was 7:51 remaining in the first half, had just eight team fouls...

Author: By Jonathan P. Hay, CRIMSON STAFF WRITER | Title: Wildcats’ Shooting Plan Fails Against Harvard Defense | 12/1/2005 | See Source »

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