Many consumers across the country have run into financial difficulties over the last few years as the economy got worse. As a result, they may have seen their debt levels increase considerably and be struggling to keep up with their bills. It is more important than ever for individuals to reduce debt more quickly, and […]
Many consumers may have found themselves deeply in debt over the last few years, as the economy sunk into a serious recession. A large number of Americans lost their jobs or had their hours cut back at work, forcing them to pay for more necessities on credit cards. Others may have found themselves with unforeseen […]
Consumers across the country have continued to take on an enormous level of credit card debt over the last few years, as so many Americans have struggled to make ends meet in light of the recession and lack of available jobs in the economy. With so much debt, consumers often attempt to spread their important […]
Many consumers have found themselves up against significant amounts of debt spread across a handful of creditors over the last few years. They may have heard about debt consolidation programs that promise to consolidate debt and reduce monthly payments, while wondering how they work and whether they can deliver positive results. The good news is […]
Over the past few years, many Americans may have fallen behind on their monthly payments for obligations such as credit cards, mortgages, or loans for their car or education. And that debt can grow higher with each passing month until it begins to seem impossible to pay off. Fortunately for consumers, credit consolidation is a […]
In recent months, many consumers may have found themselves hit with penalty rates and fees for a late payment, which has only added to their ever-mounting credit card debt. And while new Federal Reserve rules will soon be enacted to help alleviate the problem, two U.S. senators say they don’t go far enough. According to […]
Customers of a major power company in Utah are being targeted in an identity theft scam that could cause them to rack up thousands in fraudulent credit card debt. According to a report in the Salt Lake City newspaper the Deseret News, identity thieves are trying to rip off customers of Rocky Mountain Power by […]
According to the latest projections, it seems as though many Americans are at risk of running out of savings within a decade of retirement. According to the latest report from the Employment Benefit Research Institute, a nonpartisan group that monitors how financially ready Americans are for retirement, at least 43 percent of people in all […]
As more people across the country are paying off their credit card debt, it is forcing lenders to more aggressively pursue new accounts. According to a report in the Chicago Tribune, credit card companies haverecently begun to roll out new incentive programs in an attempt to entice new accounts and poach consumers that keep their […]
When Fannie Mae announced it would require a second check of a consumer’s credit score before it would allow them to close on a mortgage, it may have given Americans some cause for concern. According to a new report from the Washington Post, it wasn’t just consumers who were worried. Mortgage lenders, too, say that […]