Written by admin on September 29th, 2008
When The Credit Card Buys Groceries??
The credit card is a common occurrence in many American homes. Those who do not have at least one credit card are met with awe and trepidation. After all, there has to be some reason why they don’t have a credit card.
Many justify owning credit cards in case of emergency situations such as car repairs, sickness, and occasionally [...]
Written by admin on September 26th, 2008
Don’t Let A Sluggish Economy Affect You
It is without a doubt that America has been seeing some tough times recently. Starting in 2007 with the collapse of the housing bubble and a subsequent crisis in the mortgage industry, millions of Americans found themselves unable to make their loan payments, and as a result, they lost their homes due to foreclosure. To [...]
Continue Reading...Written by admin on September 25th, 2008
Home Equity Loans And The Debt They Cause
What is home equity? When you take out a mortgage to buy a home, your home equity is the amount of your mortgage that you’ve already paid off. Your home equity is the “proportion” of your home that you own–up to the entire value of the home. If the market value of your home has [...]
Continue Reading...Written by admin on September 24th, 2008
Retired? Here’s A New Way To Turn Your Home Into Ready Money
With the slow death of company pension plans and the paltry compensations offered by the US government’s social security program, many older Americans are finding themselves strapped for cash. Longer life expectancies, while clearly desirable, aren’t helping the matter of keeping US senior citizens on a more stable fiscal footing: the longer you live after [...]
Continue Reading...Written by admin on September 23rd, 2008
Learn To Stretch Your Dollar
While the economy continues to lurch forward at a sluggish pace, the citizens of America face some concerning troubles in terms of both rising debt and the high costs of commodities and gas. Even if the general condition of America’s financial landscape is not the worst it has been this year, people are still struggling [...]
Continue Reading...Written by admin on September 22nd, 2008
How To Make Credit Card Balance Transfers The Right Way
Everyone who has ever been in debt knows that feeling of desperation that comes creeping in, as one suffocates under a mound of obligations that they cannot pay. Colors start to seem dull. Food tastes like cardboard in the mouth. Life loses its savor. One’s need to pay off one’s debt can curtain you off [...]
Continue Reading...Written by admin on September 21st, 2008
Avoiding The Pitfalls of Debt
Even though the American economy is staggering, it’s not something that has to affect you personally. You may feel it at the pump when traveling, with the prices of food, or perhaps with the security of your employment at certain companies, but even with the worst of it, you can avoid these issues from becoming [...]
Continue Reading...Written by admin on September 18th, 2008
Eliminate Debt by Changing Your Behavior
Debt just seems like one of those things that you have to deal with no matter what you do in life. For the vast majority of Americans, this is true. Even if you don’t waste your money on trivial things, you’re still looking at affording school, a home, a vehicle, or any number of related [...]
Continue Reading...Written by admin on September 18th, 2008
Economic Decline Exaggerated
The negative news surrounding the economy of America is rife. Everyday, the masses of the country are bombarded with breaking information that the financial infrastructure of the country is going to crumble, bringing down with it the motor of the nation and along with that, the way of life of every US citizen.
Continue Reading...Written by admin on September 16th, 2008
Debt Laws Prohibit Collectors from Being Abusive
Regardless of the state of the economy in America, debt is something that people of all ages and coming from every background has to deal with. It’s not merely a matter of simply spending more than what you can afford; debt is the natural result of getting a loan, whether it be for purchasing a [...]
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- Predatory Lending Leads to Foreclosures Written on March 10th, 2010
- Bankruptcy Fraud On the Rise Written on March 3rd, 2010
- Consumer Loan Defaults Seem to be Slowing Written on February 24th, 2010
- Some Hope…Maybe…For Those Facing Foreclosure Written on February 19th, 2010
- Students are Lured to Colleges by No Fee Applications Written on February 15th, 2010
- Foreclosures Rise In December Disappointing Everyone Written on February 13th, 2010
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Predatory Lending Leads to Foreclosures
Written on March 10th, 2010
As more and more consumers face foreclosure there are disturbing stories coming to light. It seems that some people are losing their homes after agreeing to a series of refinancing arrangements that were almost sure to lead to eventual eviction.
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Bankruptcy Fraud On the Rise
Written on March 3rd, 2010
According to the Internal Revenue Service (IRS) website there were 1.7 million bankruptcies in 2003 and 10 percent of them had fraud involved. Bankruptcy fraud is when a person or company tries to hide assets through the bankruptcy process. The IRS takes this kind of fraud very seriously and will prosecute anyone it suspects [...]
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Consumer Loan Defaults Seem to be Slowing
Written on February 24th, 2010
Consumer loan defaults seem to be slowing down according to the banks. Since the start of the recession there has been a mountain of defaults in both the mortgage and credit card industries. Millions of households are experiencing unemployment or reduced earnings after pay cuts and/or reduced hours. Just last week the U.S. government [...]
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Some Hope…Maybe…For Those Facing Foreclosure
Written on February 19th, 2010
There is some hope still for homeowners wondering if there will be more foreclosure statistics in 2010. The federal government is working on a plan that will hopefully make it easier for people to qualify for the Making Home Affordable program. The government is also trying to find a way to convince banks to [...]