Written by admin on December 8th, 2008
Working With Good Debt
As we go through life, we’re all faced with important financial decisions. For better or worse, one of the ways in which our country operates economically is by means of credit, and it is with credit that we can find ourselves in debt. This isn’t always a bad thing. In fact, it can be beneficial [...]
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 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 August 22nd, 2008
Despite a Shaky Economy, Imports Sell Well
With the event downturn of events regarding the American economy, more and more people are having to change their buying habits and cut back on expenses in sudden ways that are leaving them somewhat anxious and feeling the pinch. Although times have been tough, with rapidly changing consumer preferences transpiring, companies are also dealing with [...]
Continue Reading...Written by admin on August 9th, 2008
Economy Continues to Shrink in June
Although the situation in America has left the general economy feeling a pinch as gas prices soar and jobs continue to dwindle in certain markets such as the automotive industry, the overall impression left on Americans has been greatly exaggerated in most cases. However, despite the fact that the economy has not been completely hurt, [...]
Continue Reading...Written by admin on August 6th, 2008
Economists Divided Over Proposed Second Stimulus Package
President Bush is considering sending out another stimulus package to US taxpayers, an idea that some observers greet with skepticism and doubt. Other observers think the new stimulus check will be good for the economy, asserting that the previous stimulus checks led taxpayers to spend the money immediately rather than invest it in savings or [...]
Continue Reading...Written by admin on June 25th, 2008
Online Sales In America Aren’t Slowing Down
Considering how the economic landscape is looking particularly dismal, it comes as a notable surprise that, regardless of how the economy is slowing down in some areas, online retail sales in the US are expected to continue to increase by roughly 50% over the next five years and to exceed $300bn. This estimate is made [...]
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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 [...]