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Consumers looking to consolidate debt by attempting to move into a cheaper house or refinance their mortgage at a lower rate may not like the latest statistics regarding mortgage rates, which shot up at their quickest pace inrecent months during the week ending December 27. According to the Zillow Mortgage Rate Monitor, average interest rate […]
Despite many consumers plans to avoid spending money on their credit card this holiday season, new research is showing that restricted lines of credit being implemented by creditors. According to Britt Beemer, the chairman of the polling firm Americas Research Group, restrictions on consumers credit lines may be responsible for a decline in sales during […]
A newly issued study from Equifax has found that creditors are beginning to shy away from consumers who may have previously dealt with credit counseling services as a way to climb out of debt, reductions of credit lines have led to a decline in new card issuances in recent years. Accordingto the study, which was […]
As consumers deal with limited funding and other means of debt management that may eliminate the possibility of buying any big-ticket items this year, more may instead look for a personal touch with their presents this season. "With everyone being frugal, giving someone a custom water bottle with a picture of their dog on it […]
Even for families who had committed to consolidating debt this holiday season, the end of the shopping season may also bring some type of "sticker shock" during the first run-through of finances for the new year. Because of that Kristy Archuleta of Kansas State University’s Institute of Personal Financial Planning Clinic has compiled some tips […]
With cash at a premium for many families looking to consolidate debt, Tennessee Attorney General Bob Cooper is making a point to warn consumers to be careful and not fall victim to expiring gift cards and rebates that could ruin a holiday gift. Cooper warned that, in an attempt to lure customers to their shops, […]
A newly released survey from Consumer Reports has found that Americans are holding out for good deals and intend to spend less this holiday season than in years’ past. According to a spending survey released by the organization last week, 40 percent of Americans stated that they had not yet started their holiday shopping as […]
A new study is suggesting that the Great Recession may be acting as a marriage counselor for couples whose relationship are on the rocks and, in some cases, even save the relationship – albeit for financial reasons. According to a recent study released by W. Bradford Wilcox, the director ofthe National Marriage Project at the […]
As people of all ages deal with consumer credit counseling as they wait for the economy to improve, a new study has found that the recovery may be led by, of all people, the Generation X and Y-ers. According to a new report published by Performonics, consumers between the ages of 18 and 44 overcame […]
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