Entries Tagged as 'Consumer Debt'
I’m listing the candidates here in alphabetical order…and offering no comments (surprise!)
From the John McCain Campaign Website:
John McCain has no specific campaign promises addressing credit cards, but does address the housing crisis and student loans in the following ways.
John McCain Is Proposing A New “HOME Plan” To Provide Robust, Timely And Targeted Help To […]
Popularity: 10% [?]
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Tags: Consumer Debt · Credit Cards · Mortgages
For better or worse, FNMA keeps tightening the reins on those unlucky (not so) few that are going through the foreclosure process. They announced earlier this spring that they were increasing the time period (up a year, to 5 years) that borrowers who have been foreclosed upon would have to wait to be considered to […]
Popularity: 30% [?]
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Tags: Banking · Consumer Debt · Mortgages
It’s common knowledge that credit card companies sell off bad debt to collection agencies (aka Junk Debt Buyers). It’s also known that hospitals and doctors sell off debt to collection agencies as well. But did you know that hospitals are auctioning their debts off on the internet? Two main companies, ARxChange.com […]
Popularity: 42% [?]
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Tags: Consumer Debt
Many people are finding out they are “upside down” on their home these days if they bought during the real estate crazy years of 2005-2006. In addition, many those are not able to afford the payments on their mortgages as interest rates rise. In the metro areas that saw the biggest […]
Popularity: 56% [?]
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Tags: Consumer Debt · Mortgages
Ever lost sleep over your bills or money problems? I know I have. According to a study done by the Harvard Medical School, loss of sleep can cause the following problems:
Learning and memory: Sleep helps the brain commit new information to memory through a process called memory consolidation.
Metabolism and weight: Chronic sleep deprivation may cause […]
Popularity: 52% [?]
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Tags: Consumer Debt
Among warnings of bank closures and construction and building loans in default, there comes the news of more homes in foreclosure. If I had to point fingers, I would say it’s the investors who drove prices up, mortgage brokers who only looked to their commissions, and the man or woman person who couldn’t […]
Popularity: 52% [?]
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Tags: Consumer Debt · Mortgages
I know several people with big gaz guzzling trucks and SUVs who are agonizing over whether they should dump their vechicle for a more economical car. But maybe they should do the math first. Not only are car values dropping like a stone, putting many people under water on their car loans, […]
Popularity: 55% [?]
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Tags: Budgeting · Consumer Debt
We know, we know. No one likes dealing with customer service. You don’t know where the call center is, how knowledgeable the agent is, and what script they are forced to follow. However, you can go a long way merely by just being friendly. OK, so you’re probably upset when you […]
Popularity: 48% [?]
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Tags: Consumer Debt
If you have a so-called option ARM, where you get a choice of the payment structure you want, I’ll bet you didn’t know about an insidious clause in that loan. In many option loans, you can choose a minimum payment, much like a credit card, where you just make a small payment, […]
Popularity: 48% [?]
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Tags: Consumer Debt
Leave it to the government! I have to say this is pretty funny. Maybe Diebold was involved in some way? Good thing I’m having my check sent to me the old fashioned way.
Newsday Link
An except:
Through the wonders of modern technology, some of […]
Popularity: 45% [?]
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Tags: Consumer Debt