It is a dilemma that many individuals are facing today with rising unemployment and the overall state of the economy. You don’t have a job, so your credit has suffered due to your inability to pay your bills. And you can’t get a job, because you have bad credit. Seems like a dual-edged sword, doesn’t it? [...]
Entries Tagged as 'job loss'
Job Discrimination Based on Credit History May Soon be Banned
March 8th, 2010 · 25 Comments · Career, Credit Reports
Tags: credit check legislation·credit discrimination·Credit History·Credit Scores·employment credit checks·job applicant credit history·job loss
Foreclosures Suspended by Citibank until Jan 2010
December 21st, 2009 · No Comments · Mortgages
Merry Christmas? According to the Boston Globe, Citigroup will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The suspension will run through Jan. 17. You better read the fine print, though. The suspension only applies to borrowers whose loans are owned by Citi. Borrowers [...]
Tags: Citibank·Foreclosures·homeowners·job loss·Making Homes Affordable Program·mortgage holders·Mortgages·suspension·underwater
Medical Bills Account for 60% of Bankruptcies
June 5th, 2009 · No Comments · Bankruptcy
Despite having health insurance, many bankrupt families were overwhelmed by their medical debts, the team at Harvard Law School, Harvard Medical School and Ohio University reported in the American Journal of Medicine. The researchers, funded by the Robert Wood Johnson Foundation, said the share of bankruptcies that could be blamed on medical problems rose by [...]
Tags: Bankruptcy·harvard Law School·Harvard Medical School·health insurance·job loss·Medical Bills·medical problems·middle-class·Robert Wood Johnson Foundation
