It’s a good thing banks are releasing more lines of credit to consumers, but rising unemployment suggests “consumer confidence” fueling increased credit could be running on fumes.
Entries Tagged as 'Credit Card Companies'
Rising Unemployment Suggests Consumer Confidence Fueling Increased Credit is Running On Fumes
July 11th, 2011 · No Comments · Credit Cards
Tags: credit·Credit Card Companies·Credit card debt·Credit Card Offers·Credit Cards·debt·debt ceiling·stimulus·Unemployment
No Worries, It Won’t Affect Your Credit Score
October 4th, 2010 · No Comments · Credit Bureaus and Scores
Though I wouldn’t characterize more than half of them as “slipups,” Financial Edge’s”8 Slipups That Won’t Hurt Your Credit Score” does include must-know info to set your mind at ease.
Tags: credit·Credit Card Companies·credit counseling·Credit Score·Interest Rates·late payments·overdraft fees
Chase Halts 56,000 Forclosures Due to Questionable Paperwork
October 1st, 2010 · No Comments · Mortgages
In some states, a foreclosure can only be initialed through the courts. Last week GMAC halted foreclosure proceedings on thousands of customers when it was revealed the mortgage giant had hired people to fraudulently sign affidavits submitted as evidence to the courts. Apparently JP Morgan Chase used to think this was a good idea, too [...]
Tags: affidavits·Chase·Credit Card Companies·depositions·foreclosure affidavits·Foreclosures·GMAC·lawuits·robo-signers
How Prepared are You to Avoid Credit Card Default?
September 30th, 2010 · No Comments · Credit Cards
As you may have heard, consumer credit card debt has been falling. But there’s more to this story than responsible credit card use. Quite the opposite in fact.
Tags: credit·Credit Card Companies·Credit card debt·credit card default·Credit Cards·Debt Settlement·savings
