One step anyone looking to try their hand at credit repair invariably thinks to take is to gather all of their bills and outstanding debts in order and work up a plan to start paying them off. But before you start flipping through your little black book of creditors, you might want to think about the effect [...]
{ 0 comments }
Continue ReadingOver the past few years debt relief companies have been steadily making headway into the financial services market. And while the stiff competition should have forced a few companies to noticeably rise to the top of the industry, this hasn’t actually happened. While debt relief is a valuable, legal way to handle outstanding debts, the [...]
{ 0 comments }
Continue ReadingPresident Obama made some comments about the budget deficit last night that’s sure to light some fire under some of his critics. Luckily for them, they’ve got at least a year to prepare a rebuttal. Following the G-20 summit meeting in Toronto, Obama said of the deficit, "Next year, when I start presenting some very [...]
{ 0 comments }
Continue ReadingIf you have kids and they’re about that age where they can start applying for credit, then now’s the time to start talking to them about the downside of credit and debt. Who knows, if you’re lucky you might be able to throw in the safe sex conversation and get all of your parenting done [...]
{ 0 comments }
Continue ReadingPeople wonder just how much a missed payment or bankruptcy is going to hurt their credit scores. Well FICO has produced a basic chart which estimates exactly how much consumers stand to lose as their debt starts to pile up. Now while the formula that figures out your credit scores is guarded closer than the [...]
{ 0 comments }
Continue ReadingAre you one of the many Americans out there with a checkbook? Still writing checks to cover purchases when you don’t have the cash on hand to pay for them? Well, you may want to rethink ordering more checks, because many major banks have decided to drop the “R” in “FREE” checking, and will soon [...]
{ 0 comments }
Continue ReadingWhen you need to fix your credit, knowing the difference between legitimate companies and credit repair scams can help you save your time, money, and most important, your credit rating. Say you’ve just obtained a copy of your credit report. You open it only to discover you don’t have a clue what’s going on in [...]
{ 0 comments }
Continue ReadingIt seems that the Home-Buyer Tax Credit, the $8000 credit meant for first-time home buyers, attracted more than just cute young couples on the hunt for their first home together. According to an ABC News report, the credit proved extremely popular at your friendly neighborhood prison yard as well. A report issued by the Treasury [...]
{ 0 comments }
Continue ReadingThose of you on the hunt for a home loan, get ready to jump through a whole new set of hoops to get to your dream house. The mortgage giant Fannie Mae recently unveiled its new Loan Quality Initiative, which forces homebuyers to obtain mortgages based on “refreshed” credit reports, or run the risk of [...]
{ 0 comments }
Continue ReadingSummer’s finally here, and that means the sun is out, the surf is in, and barbeque grills everywhere are being fired up in preparation. But the rise in warm weather could signal a tidal wave of a different sort for a lot of people – much higher energy bills. That’s right, in order in combat [...]
{ 0 comments }
Continue Reading
