Written by admin on February 24th, 2010
Consumer Loan Defaults Seem to be Slowing
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 [...]
Continue Reading...Written by admin on February 19th, 2010
Some Hope…Maybe…For Those Facing Foreclosure
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 [...]
Continue Reading...Written by admin on February 15th, 2010
Students are Lured to Colleges by No Fee Applications
One of the debts that must be managed in many households is college tuition. The cost of attending college continues to rise every year which means the choice of college can have far reaching effects on finances. Choosing a college is not a decision that should be made lightly.
Continue Reading...Written by admin on February 13th, 2010
Foreclosures Rise In December Disappointing Everyone
Looking at the numbers of foreclosures for 2009 is sobering. What is even more disturbing is that they had peaked in July of 2009 and then began to decline only to rise again in December. In fact the number of foreclosures rose by 14 percent in December 2009 compared to November 2009.
Continue Reading...Written by admin on February 9th, 2010
December Consumer Wages and Credit Figures Show Little Progress
Consumer wages are stagnant and will probably stay that way for a while. That was the verdict of the U.S. Labor Department. The Labor Department evaluated the average hourly earnings of non-supervisory and production workers in the private sector and found that wages are not moving much right now with only 3 cents an hour [...]
Continue Reading...Written by admin on February 5th, 2010
New York Attorney General Investigates Online Deceptive Practices
The news has been full of reports of companies with online presences that are deceptively signing people on to fee-based membership programs. Now Attorney General Andrew Cuomo has decided to legally investigate a set of companies consumers say have duped them into membership programs they either didn’t know they were signing up for or didn’t [...]
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