If you have unpaid medical debt, this can, and will, affect your credit score, which may affect your ability to purchase a house or car. If you are suffering from piles of unpaid medical bills, there are some things you can do to help deal with your medical debt.
Make sure that first you thoroughly examine [...]
The best way to get a comprehensive healthcare package that benefits all Americans is to immediately stop providing healthcare benefits to congressmen and senators. If our law makers had to find coverage for themselves and their families, they would have a sense of urgency to develop a fair and effective plan for ALL Americans. In [...]
The United States is going through the worst financial crisis since the Great Depression. Are the government’s efforts to pull the economy out of a devastating recession beginning to show signs of progress?
By no means are we out of the woods just yet, but we are beginning to see glimmers of hope, according to the [...]
Continue reading about Are We Climbing Out Of The Recession?
The government has made an effort to crack down on dubious credit card industry practices that make it easy to charge consumers outrageous interest rates and make it harder to get out of debt.
What do these changes mean for you?
Credit card companies cannot increase interest rates on existing credit card balances unless a customer is [...]
Continue reading about Credit Card Companies May Invent New Ways To Charge Customers
It’s bad enough that many Americans have fallen into insurmountable credit card debt. The recent increases in interest rates for card holders has made things even worse. Not only did many of these banks get millions (or billions) in tax payers dollars, but they’re hitting consumers with fees and skyrocketing interest charges to boot. A [...]
Those who are facing debt problems should consider the government grant programs that will provide money that you never have to pay back. While these programs have been around for several years, it has only been recently that the federal government has been aggressive about funding and promoting these options.
Government grants for debt relief offer [...]
WASHINGTON (Reuters) – The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters said on Wednesday, presenting President-elect Barack Obama with a daunting economic challenge.
The Congressional Budget Office also forecast the deficit could fall to $703 billion in the 2010 fiscal year which begins October 1, 2009, as the U.S. recession begins easing.
The [...]
Homeowners looking for government assistance with increasing mortgage payments may have some good news. Unfortunately, Bush’s recent plan leaves many struggling families out of the deal. This article published on 12/18 outlines some of the specifics, what the mortgage bail out means to you:
On Dec. 6, Treasury Secretary Henry Paulson, with the support of President [...]
“The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation”. This is from The SEC’s web page, their “mission statement”, if you will. In an article published today, the chairman of the SEC admits fault in the Madoff case:
WASHINGTON – In a [...]
By Al Yoon
NEW YORK (Reuters) – The $3 trillion market for federal agency debt drew support on Friday after Federal Reserve Chairman Ben Bernanke stressed the importance of strong government backing for housing finance companies Fannie Mae and Freddie Mac.
But borrowing costs for the two “agencies” are seen hovering near record highs until the government [...]
