Written by admin on July 14th, 2010
House Bargains Getting Harder to Find
Consumers hoping to find affordable housing due to falling home prices had better hurry or plan on being patient. House bargains are getting harder to find for several reasons.
Continue Reading...Written by admin on April 21st, 2010
Not All Foreclosures Are Due to Economy
It is easy in the current economy to assume that most consumer foreclosures on personal residences are due to the economy. Unemployment is high and even household where lay-offs have not hit are operating with less income due to reduced schedules and forced days off without pay.
The reality is that not all foreclosures can [...]
Written by admin on March 22nd, 2010
Mortgage Companies Helping Families Walk From Mortgage Debt
The foreclosure process can easily turn into an emotional drawn out procedure. Consumers who become delinquent on their home loans are faced with months of late notices, warnings, demands for payments, and eventually eviction. In the meantime the bank is paying staff to work the accounts while not receiving any payments.
Continue Reading...Written by admin on March 10th, 2010
Predatory Lending Leads to Foreclosures
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.
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 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 June 15th, 2008
Foreclosure Looming Don’t Give Up Hope!
It looks like the housing market is not out of the thicket yet. Many mortgages are about to reset interest rates that are no doubt going to rise as the economy begins to stabilize. Many experts are forecasting that by the end of the year the worst of the current economic troubles will be over [...]
Continue Reading...
- Banks Considering Offering Payday Loans Written on July 23rd, 2010
- House Bargains Getting Harder to Find Written on July 14th, 2010
- Are You Addicted To Shopping And Debt? Written on July 7th, 2010
- Does Debt Ever End? Written on May 8th, 2010
- Scammers Follow the News to Find the Next Scam Written on April 29th, 2010
- The Consumer and the Hospital Bill Written on April 24th, 2010
-
Banks Considering Offering Payday Loans
Written on July 23rd, 2010
In a somewhat surprising move, banks are considering expanding their loan offerings to include payday loans. It is surprising because companies offering this type of loan have been under scrutiny and a lot of criticism for charging exorbitant interest rates for payday and Refund Anticipation Loans (RALs).
-
House Bargains Getting Harder to Find
Written on July 14th, 2010
Consumers hoping to find affordable housing due to falling home prices had better hurry or plan on being patient. House bargains are getting harder to find for several reasons.
-
Are You Addicted To Shopping And Debt?
Written on July 7th, 2010
Everyone knows at least one person who seems unable or unwilling to get their penchant for spending and amassing debt under control. But why is this? Is this person simply reckless when it comes to spending money? Or could it be that this unfortunate person has a genuine addiction to shopping, debt, [...]
-
Does Debt Ever End?
Written on May 8th, 2010
Some people walk around with debt for their entire adult lives. In fact, many of the people you pass by every day do it. They are the big spenders in the flashy cars and the spendthrifts huddled over their coupons at the supermarket. So many people with so many lifestyles walk around [...]