Many people who now live financially responsible lives, have had their past come back to haunt them. After years of paying bills on time, building up their credit scores, and qualifying for mortgages, they might receive a call one day from a collections agency informing them of an outstanding debt – from 10 years ago! [...]
Continue Reading →After a three year lull in the credit card industry, offers are starting to flood consumers’ mailboxes ,and people who have been on the sidelines as far as credit card use are starting to bite on them. For people who got into trouble with past credit card usage, it would be a wise thing to, [...]
Continue Reading →Unless you are among the unbanked or underbanked in America, those who by choice or circumstance don’t show up on the banking grid, you have come to realize that it is virtually impossible to get through life without the use of plastic. You need a credit card to make purchases online, to book travel, and [...]
Continue Reading →Car dealer scams, particularly financing, has become more prevalent in recent years. As if the car buying experience wasn’t bad enough, it has become a nightmare for many unwitting car buyers who, for one reason or another, aren’t able to use conventional means to finance their purchase. Along with the dozens of other scams that have proliferated in [...]
Continue Reading →In what appears to be the biggest financial news story of the week (it was a real slow week for financial news), we learn that the venerable, personal finance pop icon, Suze Orman, has come out with her own pre-paid MasterCard, called the “Approved Card.” This is not totally surprising. After all, the Kardashians left [...]
Continue Reading →Many people deal with credit card debt all of their lives with most of them giving little or no thought to what happens with their debt after death. The fact that nearly 60% die without a will is a strong indication that they’ve given absolutely no thought to it. As a consequence, those that survive the [...]
Continue Reading →The strategic default: deadbeats or financial geniuses? The good news in the housing market is that, according to the Mortgage Bankers Association, the delinquency rate for mortgage loans has fallen to 7.99 percent down. That is nearly a half a point from the prior quarter and over a point from the prior year. The bad news [...]
Continue Reading →In what could be a major game-changer for both lenders and consumers, CoreLogic Credco, a major financial data aggregator, has just introduced its new CoreScore into the credit score mix. The new score, based on a heap of additional consumer credit and payment activity not previously reported to the credit bureaus, is said to provide [...]
Continue Reading →The holiday season is upon us, and if your interested in how to keep a good credit score through the holiday season, read on. It seems that no matter how early those store decorations go up, we feel as though we’re suddenly caught off guard and our holiday shopping turns into a sprint, and then [...]
Continue Reading →If you’re thinking that you can put off those pesky, overdue medical bills just one more month in order to catch up on your other payments, think again. Overdue medical bills can very quickly turn into a medical collections account which, like any other collections account, can sink your credit score. And, because of the [...]
Continue Reading →Here’s the 411 on Debt Relief Companies. The debt crisis has hit home for millions of people. What usually begins as an overwhelming situation often times evolves into a complete unraveling of your financial life, until you reach the point when you look for a silver bullet, any silver bullet that can free you from [...]
Continue Reading →Are you seeking debt management solutions? Perhaps the most encouraging outcome of the latest recession is the increasing emphasis on debt reduction by most Americans. We are borrowing less and saving more, and hopefully, developing some more frugal habits that can lead to healthier finances in the future. Still, millions of people continue to struggle [...]
Continue Reading →So you’ve just received your first credit card and now you’re wondering how it might change things for you. You could take the short view and start thinking of how you could start using it right away, or you could take the long view and better understand how important your credit standing is to your financial future. Short-term thinking on credit use is what leads to debt problems is not how to build good credit, it can hurt your credit standing and limit your opportunities for buying a car or a home.
Continue Reading →If you are in a situation in which you have fallen behind on payments you shouldn’t be surprised when you start receiving harassing phone calls from debt collectors. You may also find yourself in a situation where you receive a call from a debt collector over an old debt that you thought had been paid, discharged or had aged beyond the statute of limitations. That call may surprise you.
Continue Reading →Clearly bankruptcy is not a destination on anybody’s financial map, but it’s where you could end up when you encounter roadblocks and your life is detoured by the unexpected. So, everyone who arrives at bankruptcy takes a different path, but the road back to financial health and prosperity has but one starting point and with it the opportunity to map out a new financial future.
Continue Reading →Let’s Socialize!
Sponsored Links
