People continue to struggle to pay off credit card debt as delinquencies and charge offs increase

Thursday, December 31st, 2009

Debt on credit cards continues to haunt some people as a recent report from a financial services company shows that delinquencies and defaults on accounts increased.Moody's Investors Services' Credit Card Index for November showed that charge offs increased to 10.56 percent during the month. The two months before saw ...

Know The Way To Start A Credit Repair Business And Be Proud Of It

Tuesday, December 29th, 2009

The extending of credit to consumers has always been an effective business tool.  The effectiveness of this tool is demonstrated in that the business is able to sell their merchandise and make a profit, the consumer is able to purchase the product through an affordable process and the nation ...

Relationships and Money: Are You Communist, Socialist, or Capitalist?

Tuesday, December 29th, 2009

I was catching up on some blog reading and caught an old post from Plonkee about the different ways that couples can manage their finances. The three different methods were categorized as communist, socialist, or capitalist. Rather controversial, eh? Don’t get too excited folks, just read on: Communist: One ...

Government Agency Redlining Policy Now in Place? It’s a Question Worth Asking

Tuesday, December 29th, 2009

The US Treasury Department’s Christmas Eve announcement confirming massive new support for the Agencies had the following as the last sentence:Recent announcements on the tightening of underwriting standards by Fannie Mae, Freddie Mac, and the Federal Housing Administration, demonstrate a commitment to prudent housing finance policy that enables a ...

New rules from Fed, FTC could provide consumers notice when credit report plays into loan terms

Tuesday, December 29th, 2009

From auto loans to credit cards, a person's credit report can have an effect in their ability to get approved for funds, though a recent government action could help consumers when it comes to knowing why they may have lost out on better offers. New rules from the Federal ...

Checking In On Your Financial Health.

Monday, December 28th, 2009

Wondering just how you are doing financially? You probably are if you are like the majority of people. While I don’t necessarily worry about it or spend too much time focusing on how much money I have, it’s nice to check in once in a while to see ...