Written by admin on December 26th, 2009
To Spend or Not to Spend on Extended Warranties
There are lots of ways to overspend or go into debt, and one of those ways is purchasing extended warranties on products. The extended warranty is exactly what it sounds like – a warranty that extends beyond the standard warranty period.
Consumers have been purchasing extended warranties in greater amounts this year. The Service Contract Industry [...]
Written by admin on December 19th, 2009
Money and Credit Issues That Can Hurt Marriages
The New York Times ran a story on 1-November-2009 addressing the stress money issues can add to even solid marriages. It is well known that money problems are often the cause of divorces. Over the last year many households have had to deal with financial problems they could not have anticipated even 18 months ago. [...]
Continue Reading...Written by admin on December 12th, 2009
Online Holiday Scams Growing in Size and Scope
In 2008 the Federal Trade Commission reports there were an estimated 9 million U.S. consumers who were victims of identity theft. The total loss was $48 billion dollars with each victim experiencing an average $5,000 total cost. Identity theft is big business and getting bigger all the time.
Continue Reading...Written by admin on December 5th, 2009
What You Need To Know About Debt Collectors
Debt collectors can be intimidating. It is bad enough to have accumulated sufficient debt to be dealing with these imposing figures but attempting to deal with them can seem an insurmountable task. Take heart.
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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 [...]