Economy
Falling home values put record number of mortgages under water
As home prices have continually fallen during the recession, it is estimated that 27 percent of homeowners are under water on their mortgages.
Thursday, February 10th, 2011 by By Peter Stone
Death may not end student loan obligations
Many families who are grieving the loss of a child are finding that they are also responsible for paying off thousands in student loans.
Thursday, February 10th, 2011 by By Mary Rice
Bad mortgage nightmare could cost banks $60 billion
A clause in many mortgage securities says that banks will buy them back if they go bad, but banks are gearing up to fight their obligations.
Wednesday, February 9th, 2011 by By Mary Rice
Payday Loans and How You Can Protect Your Personal Information From Identity Theft
Encryption of your data is just the basic level of protection you need to look for. You can also check to see if the page has HTTPS in the address bar when on application page.
Possible end in sight for mortgage giants Fannie and Freddie
The Treasury Department will make some proposals soon about what to do with Fannie Mae and Freddie Mac, including letting them go under.
Wednesday, February 9th, 2011 by By Peter Stone
As more Americans rent, buying a home has become cheaper
U.S. home ownership is falling, and as more people rent homes, buying a home has become cheaper than renting one in most major U.S. cities.
Tuesday, February 8th, 2011 by By Thomas Hart
Use of credit cards rises for first time in two years
Credit cards are starting to make a comeback, as credit card use has risen for the past three months after two consecutive years of decline.
Tuesday, February 8th, 2011 by By Peter Stone
How People Are Taking Advantage of Installment Loans To Cover Budget Shocks Today
Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.
Bank of America to stop offering reverse mortgages
After only four years, Bank of America is shuttering its reverse mortgage business in favor of "going other directions," says the company.
Tuesday, February 8th, 2011 by By Mary Rice
U.S. auto sales up thanks to new models and pent-up demand
A January year-over-year sales increase for U.S. automakers signals a strengthening recovery for the auto industry. Ford and GM saw the biggest gains.
Sunday, February 6th, 2011 by By Thomas Hart
Plenty of small business credit available but few takers
An NFIB survey found that plenty of small business credit is available. Demand for small business credit remains low, thanks to the economy.
Friday, February 4th, 2011 by By Thomas Hart
Short Term Loans Are Available Without Credit Checks - What Does That Mean For You?
Having access to a short term loan online when every you want without credit checks is a tempting offer but what should you know before applying?
Top 10 cities with the most credit card debt
Do you live in one of the top 10 cities in the United States for credit card debt? Access to payday loans could have saved you a bundle.
Thursday, February 3rd, 2011 by By Steve Tarlow
Interest rates on credit cards hit highest point in 13 years
The average interest rate for credit cards is at its highest point in more than a decade. Base rates are being raised thanks to the CARD Act.
Thursday, February 3rd, 2011 by By Peter Stone
Blackout of Egypt internet cost millions in lost revenue
Estimates are emerging of damage done by the shutdown of Egypt's internet. The nation lost an estimated $80 million to $90 million in revenue.
Thursday, February 3rd, 2011 by By Peter Stone
You Are Not Supposed To Know Cash Advances Online Do Not Require Any Credit
Credit is not a factor with cash advances online. There are not credit checks so their is no hard inquiry on your record to lower your credit score.
Banks loosen credit standards as consumer spending improves
Credit standards are loosening as banks compete for loans, consumer spending increases and the lending industry starts to return to normal.
Monday, January 31st, 2011 by By Thomas Hart
World food inflation prompts desperate hoarding
Prices for agricultural commodities like wheat, rice and sugar are at record highs. Nations are hoarding food in anticipation of bad times.
Friday, January 28th, 2011 by By Steve Tarlow
Nevada students organizing to fight budget cuts
In Reno, Nevada, college students are starting to organize in order to fight education budget cuts proposed by the state legislature.
Friday, January 28th, 2011 by By Mary Rice
Personal Online Lending and How It Can Make or Break Your Family Budget During Hard Times
Hard times befall us all but you do not have to break your budget to pay your bills. Use personal loans responsibly to avoid penlaties and late fees.
Retire without social security – what it takes to make it work
Many Americans rely on Social Security to make ends meet in retirement, but if the checks stop coming, what will it take to make it work?
Thursday, January 27th, 2011 by By Mary Rice
Debt settlement plans more likely than state bankruptcy
States with budget issues are more likely to find debt settlement options rather than declare state bankruptcies, which isn't allowed.
Wednesday, January 26th, 2011 by By Peter Stone
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