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Debt and Bad Credit a Growing Problem for Seniors 8 Dec 2010 | 02:44 am
When we think of credit card debt, we often think the student who is swimming in credit card debt after years of paying for meals, books, and other college expenses that loans failed to cover or the m...
TransUnion Announces Average Household Credit Card Debt by State 3 Dec 2010 | 04:57 am
A recent report has just announced that Iowa residents havethe lowest average credit card debt in the United States. This fascinating finding leaves many individuals and families around the nation st...
What Affects my Credit Report and Credit Score? 30 Nov 2010 | 11:00 pm
Today, having good credit is more important than ever. With lending regulations becoming tighter, it is usual for only those with good credit to be able to obtain home loans, auto loans, credit cards...
Raid Retirement Accounts to Pay off Debt? 26 Nov 2010 | 06:01 am
With total U.S. consumer debt at about $2.42 trillion dollars, according to an August 2010 G.19 report by the Federal Reserve, it’s no surprise that many individuals and families often contemplate con...
Saving Early the Key to Avoiding the Burden of College Loans and Credit Card Debt? 23 Nov 2010 | 11:00 pm
According to the College Board, the average cost of tuition and fees at a four-year public college has increased by nearly 51 percent in the past decade, a number that is expected only to grow through...
More Consumers Confused by 0% Credit Card Transfer Offers 19 Nov 2010 | 05:51 am
In recent postings, Credit CRM professionals have explained that 0% credit card transfer offers are coming back surprisingly ahead of schedule. Just a few years ago, many heavily in debt credit card ...
Consumer Debt Slightly Down 17 Nov 2010 | 05:52 am
Consumers and credit holders have been widely bogged down by debt for years. With many consumers “waking up” to the error of their ways after the recent recession, some have undoubtedly become more r...
Bill to Ban Employee Credit Checks Clears Legislative Hurdle in New Jersey 12 Nov 2010 | 06:00 pm
Think bad credit can’t hurt you beyond getting making it difficult to get a loan? Think again. For several years, it has been common practice for employers and hiring managers to conduct credit chec...
A Portrait of American Finance Today 11 Nov 2010 | 06:00 pm
In a recent article released on Yahoo Finance courtesy of Investopedia, individuals were given the chance to see how their finances stacked up to that of the average American. The article, which comp...
Mortgage Defaults by Prime Borrowers Create Demand for Credit Repair Businesses 10 Nov 2010 | 06:43 am
Coming changes in the way America’s major credit bureaus compute credit scores (see our previous post) is expected to increase demand for credit repair professionals. Credit industry concern about cha...