Clark Howard Show Notes – June 10, 2010

New Foreclosure Numbers, Strategic Defaults, Jobs and The Economy, Mortgage Rates, Lemon Laws

Got a lemon? Check out at

Georgia’s lemon laws for automobiles offers a useful FAQ and information on how to apply:

What is the purpose of the Lemon Law?

The Georgia Lemon Law is a self-help statute whose primary goal is to have the manufacturer of your motor vehicle fix any defects. If your vehicle cannot be repaired in a reasonable number of attempts and is found to be a “lemon,” the law requires the manufacturer to replace or buy back (repurchase) the vehicle. It also alerts manufacturers to possible defects and quality issues in the vehicles they produce.

**Which consumers are covered by the Lemon Law?

You are covered by this law if:

* You purchase or lease a new motor vehicle for personal, family or household use; or

* You purchase or lease 10 or fewer new motor vehicles a year for business purposes other than limousine rental services.

Does the Fidelity Credit Card tap your assets if you don’t pay your bill?

Clark Howard likes the Fidelity Credit Card but one listener was worried that if he didn’t pay the bill, his retirement savings would be tapped. We called Fidelity and found out the answer is no. They do not cross pollinate, the way that some of the big box lenders do, so if you use it, you’ll be safe.

How to Find a GREAT Financial Planner

Check out the financial planners who spoke at our recent HOW TO INVEST YOUR MONEY IN 2010 event last March. They’re all excellent, and won’t try to sell you anything. They’ve all agreed to do a free one-hour consultation and you should take them up on it.

Here’s the link to our list of speakers from HOW TO INVEST YOUR MONEY IN 2010.

We’re planning our next event for October 2. Sign up for my free weekly newsletter, to get the early information on the event and the best ticket prices!

Thinking About Converting Your IRA to a Roth IRA? Check out what my friend Dan Solin has to say

Dan Solin is a Senior Investment Advisor with Index Fund Advisors. He also has written several bestselling books about 401(k)s and retirement. He is now writing about retirement and investment issues with me at the new Equifax Personal Finance Blog.

Check out Dan’s take on the IRA to ROTH IRA conversion issue.

Introducing the Equifax Personal Finance Blog

On the blog, you’ll find great information about the five pillars of personal finance:

Tax (written by Eva Rosenberg, an enrolled agent)

Insurance (written by Linda Rey, who is president of her family’s insurance company)

Retirement/Investing (written by Dan Solin, see above)

Credit (written by Equifax’s own credit experts)

Real Estate (written by yours truly)

The blog is a great resource of information and ideas on how to save money, better manage your credit and make smarter decisions with your money. Check it out, RSS it, bookmark the page, and follow all of us on

Tune in to hear all of these questions and my complete answers. We should have the show podcasted later this week.


If you haven’t checked out the Store, go there and order your free copy of my book, 50 Simple Steps You Can Take to Disaster-Proof Your Finances.

You can order as many copies as you like of my 50 Simple Steps You Can Take to Disaster-Proof Your Finances or The REALLY Useful Guide To Working Smarter Not Harder.

Our PODCAST is up from our recent HOW TO INVEST YOUR MONEY IN 2010 event in Atlanta. Our attendees told us the content was amazing and they think everyone should hear this information. Order your podcast today!

Our **5-pack of EBOOKS on How To Invest Your Money is up and ready for you to buy. Check it out!

Don’t Forget to Pick Up Your Copy of My New Book, BUY CLOSE MOVE IN!.

Our next event will be on OCTOBER 2, 2010. Go to REALWORLDSEMINARS.COM for details as they are announced!


If you buy 300 copies of my new book, Buy, Close, Move In!, I will come and do a free half-day training sessions for your agents or a book talk and signing for your clients.

Giving away this book to your customers not only will be one of the best lead generation tools you can use, it tells your buyers you’re interested in educating them so they have an exceptional experience buying their next property.

I recently gave a very successful speech entitled “Reinventing Yourself” at a high-level conference full of Realtors and they felt it was full of Ah-Ha moments. Would your agents benefit?

Ask yourself: How can I help you today?

Are you interested in having Ilyce Glink appear or speak at your next event? Want her to moderate a panel at a conference? Are you interested in having terrific, relevant content on your website or to give away to your customers and clients that will help differentiate you from your competitors?

Email me at for details or email