Yesterday, Cindy wrote about the $700 billion bailout package proposed by the House. The assumption at the time was that it would pass. News of the House rejection of the Plan yesterday stunned Wall Street and world markets. Some people cheered the rejection, as the plan has the reputation of charity […]

Popularity: 19% [?]

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Remember those tounge-twisters we loved as kids? Say this a few times quickly: “buku billion bucks buys bad bank books in bailout billiards”. Or perhaps a more appropriate gaming analogy is the Treasury Department going “all-in” in a $700 billion Texas Hold ‘Em poker bet. All kidding aside, either way, it’s a scary proposition for […]

Popularity: 18% [?]

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And the survey SAYS…. How to work their iPods!  Now THERE is a skill that is going to lead the Gen X and Gen Y’ers to great things, no doubt!!
Back in August, I published a blog entitled “How Much Debt Does Your Generation Have?” and the statistics were taken from a survey sponsored by the […]

Popularity: 17% [?]

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On Tuesday, September 23, the House passed the Credit Card Reform Act, which we’ve been following here in this blog. This is great news! The bad news? Congress is totally tied up with the economic bail out, so the Senate may ignore this bill. Let’s hope not. As we […]

Popularity: 20% [?]

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It sounds like a sensationalistic headline, right? Stealing? Isn’t that too strong a word? Nope, it happens to be the truth. Citibank was actually removing excess cash from statements, and also stealing from the recently deceased. This is a another great reason to read your statements every month. […]

Popularity: 18% [?]

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Student credit card debt is a problem. The average college graduate carries $2,748 in credit-card debt, according to a 2007 survey by student lender Nellie Mae. And nearly one in four graduates leaves school with more than $5,000 in credit-card debt, according to a recent survey by Zogby International that was commissioned by credit […]

Popularity: 19% [?]

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Give money away in this environment? There’s always some worthy cause especially in this environment. Some people believe that we can give only out of selfish motives. So, for those of you who might want to give but need a few selfish motives, here are ten benefits to giving away some […]

Popularity: 19% [?]

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In other (more lengthy) words, your credit score will not be “calculated” in the same way contingent on which credit reporting agency you request it from.  With so much emphasis on a consumer’s credit score in today’s tumultuous economy, when you request your credit score, you want to see the same score that a potential […]

Popularity: 20% [?]

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Your mortgage remains in effect. Even if the lender goes out of business, someone else will take over the bankrupt company’s assets (the loan to you) and demand payments from you. If you don’t pay, they will take your house. You may even be sending your payments to a bank trustee (the entity […]

Popularity: 21% [?]

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Sure it’s easy to get your credit report for free, but how about your

Popularity: 21% [?]

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