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Entries from December 18th, 2008

Things You Can Do Now to Reduce Your 2009 Tax Bill

December 18th, 2008 · 1 Comment · Banking, Budgeting

No, it’s not too late to take steps to reduce your tax bill for 2009! Here are some ideas: Sell Stocks Now That You Were Thinking about Dumping. If you were thinking about selling some stocks that have gone down in value, make sure you do by the end of the year so you can [...]

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Fannie Mae Discontinues Eviction of Tenants in Foreclosed Homes

December 17th, 2008 · No Comments · Mortgages

The Wall Street Journal reported on Sunday that Fannie Mae announced that they will allow tenants to remain in their homes and avoid eviction, even if the property’s landlord is facing foreclosure. The new rules are expected to take effect on January 9, the expiration date of an earlier initiative announced by both Freddie Mac [...]

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Happy Holidays, Credit Card Users: Reform is on its Way!

December 16th, 2008 · No Comments · Credit Cards

In a year when any headline involving the term “credit” has been overwhelmingly negative, it seems that consumers may see some good news associated with credit shortly. New rules which were proposed earlier this year would prohibit credit card companies from increasing rates at will, with some exceptions such as those that apply to people [...]

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Can Paying Off Your Credit Card Cost You Your Job?

December 15th, 2008 · 1 Comment · Budgeting, Consumer Debt

It’s been all over the news: Americans are saving money and paying down their debts. And that’s a bad thing. New Federal Reserve data revealed that U.S. households paid down debt for the first time since the central bank started collecting the information in 1952. Consumers paid down a record $7.5 billion of debt in [...]

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