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Entries from December 14th, 2011

$19 Billion Settlement In Works for Illegal ‘Robo-Signing’ Foreclosures

December 14th, 2011 · 1 Comment · Mortgages

Last year’s launch of the investigation into the “robo-signing” debacle is coming to a head.

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Should I Tell a Collection Agency I’m in a Debt Settlement Program?

December 13th, 2011 · No Comments · Debt Settlement

Q. My American Express account just went to a collection attorney. I also just enrolled in a debt settlement program to deal with this debt. The debt settlement program attorney states they will not make an offer until I have accrued at least 20%. I plan sending a letter to the collection attorney validating the [...]

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5 Reasons to Avoid Credit Card ‘Convenience’ Checks

December 12th, 2011 · 1 Comment · Credit Cards

If the financial pressures of the holiday season are tempting you to use those credit card “convenience” checks you get in the mail, think twice about it.

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As Promised, Senate Republicans Refuse Confirmation of CFPB Director

December 9th, 2011 · 2 Comments · Credit Cards

Is refusing to appoint a director an acceptable means of forcing changes, or an irresponsible choice that distracts from the potential for good that the agency was created for?

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