Why should those of us with good credit practices be soaked because other people can’t learn to pay their credit card bills in full and on time? Congress is moving to limit the penalties on riskier borrowers, who have become a prime source of billions of dollars in fee revenue for the industry. And to [...]
Continue reading about Consumers Who Have Good Credit Habits Paying For Those Who Don’t
Acknowledge your blessings. Especially in times of trouble and uncertainty, it’s important to remember that what you focus on becomes abundant in your life. Too many of us dwell on the negative aspects of our lives instead of being grateful for what we do have. Consider the following: If you have food in the refrigerator, clothes [...]
This weekend, WolframAlpha.com, a computational search engine went live. It is a great addition to google. Its power lies in its ability to apply mathematical algorithms to the data it is aware of. There are some great calculators you can access by typing in terms like “credit card” and “mortgage”.
Continue reading about New Credit Card & Mortgage Calculators at WolframAlpha.com
Which bank’s credit card do you have? What is its credit limit? What type of card is it? Some consumers can’t even answer these questions today. The world seems to have been squeezed and wrapped into a credit card. The credit card syndrome seems to have gripped all of us. But are credit cards beneficial? [...]
It’s painful and humiliating even to consider bankruptcy, let alone to join countless others in the courthouse, waiting for your name to be called. Ideally, you should cut spending and repay your consumer debt. But that’s not always possible, especially with an economic nightmare affecting your home, job and health insurance. Most families, worthy to [...]
Continue reading about Don’t Wait Until It’s Too Late For Bankruptcy
Banks have been on the edge of failing only to be propped up by the government or some government-sponsored sale to a stronger financial institution. Trillions of dollars are being thrown at these banks that made poor decisions, mistakes, and blunders. The U.S. government seems intent on saving those that should not be saved, and at [...]
During these difficult times, its important to know all your options. While Debt Consolidation and Debt Settlement are alternatives for some people who are having difficulties keeping up with their bills, some people are having even tougher times. A Bankruptcy Means Test will identify whether you qualify for Chapter 7 or Chapter 13. Gathering the [...]
As The G20 met yesterday in London, we stand amidst the ruins of our global economy. The agreement reached between the heads of the 20 leading economies will begin to draw up the blueprint for a new global economy that will rise out of the rubble. There is cause for global celebration: we are moving [...]
Continue reading about We Are Connected By More Than Just The Economy
The nation’s mortgage melt down has evolved into America’s real estate crisis amid falling home prices, record foreclosures and weakening consumer confidence. This threatens to produce the nation’s worst economic disaster in history. Do economists and the government know how to prevent further hardship, or are they on a wild goose chase funded by our [...]
It seems that the government bail out has been put into action prematurely. Why would you bail out credit card companies and then allow the company rescued by tax payers to then turn around and create more of a problem for consumers holding credit card debt? Lawmakers in congress should have passed laws with new [...]
Continue reading about Credit Card Companies Should Adopt Fair Practices
