Written by admin on November 30th, 2009
How to Obtain a Loan, Even if You’ve Gone Bankrupt!
With all of the things we need money for in life including homes, cars, and even home improvement projects, it is reasonable to expect you will need a loan sooner or later.
Continue Reading...Written by admin on November 25th, 2009
Owning Your Dream Home Despite Your Bad Credit
There are certain basic needs that all people have, regardless of their station in life. The poor need to eat just as much as the rich, and the cost of food doesn’t affect this matter in the slightest.
Continue Reading...Written by admin on November 20th, 2009
Don’t Get Caught Up In The Recession Debt Mindset
It seems as though everywhere you turn people are talking about how times are hard. This message is on TV, in the newspapers, and is being talked about by people from every walk of life. It can be easy to get caught up in the feeling that things are hopeless and that things [...]
Continue Reading...Written by admin on November 16th, 2009
Unemployment Insurance Benefits Extended
The United States House of Representatives voted to extend unemployment benefits to the nation’s jobless. Initial unemployment claims continue to rise even as those first losing their jobs now face losing their unemployment benefits. The rising unemployment is yet another sign there will be what is called a jobless recovery.
Continue Reading...Written by admin on November 14th, 2009
More Homeowners Getting Mortgage Relief Assistance Finally
A mortgage relief program was developed by President Obama’s administration, but it has been slow to actually reach homeowners in danger of having their homes foreclosed. In the meantime foreclosures have continued to rise and many more are likely even as banks write off billions in bad loans.
Continue Reading...Written by admin on November 10th, 2009
Impact of Recession on Consumer Credit
The US economy has started the long slow process of recovery and now many consumers are wondering what it all means for their future. The banks and financial institutions are in much better condition though it’s still not possible to say they are fully stable.
Continue Reading...Written by admin on November 4th, 2009
Credit Card Debt Becoming Big Problem
Most people know that credit card debt can seriously hurt a consumer’s financial situation and credit rating, but now, it seems that even the credit card companies themselves are suffering from the staggering amount of money that is owed to them in the form of consumer debt.
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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 [...]