For the last several years, the student loan debt debate has been one of much attention in Congress. With the default rates higher than ever and the overall debt burden reaching near $1 trillion dollars, the time has come for something to be done about the financial future of loan holders. Decisions, Decisions Since important … Read more
Residents of Illinois will get a chance to take advantage of a unique program designed to help homeowners at risk of foreclosure. Although numerous states have held workshops and conventions for putting homeowners in touch with mortgage debt relief solutions, Illinois is the first to create a program of this nature. Changing The Way The … Read more
As the most important aspect to securing loans and credit, your credit score is valuable. In order to present yourself as a responsible borrower, you must have a good credit score and positive credit standing. There are a few credit traps that people fall into that cause them to miss out on great financial opportunities. … Read more
Second mortgages have become more popular among homeowners in recent years. There are numerous reasons why people take out a second mortgage on their home including needing money to renovate or update the home, or send a kid to college. Unfortunately, there are some situations in which people take out second mortgages to stave off … Read more
Dealing with creditors is not something anyone wants to face, especially alone. Since your creditor holds all of the power of approving a debt negotiation or settlement agreement, you are essentially left living on the hope that they will help. Although it isn’t impossible to pursue credit negotiations on your own, many people find hiring … Read more
Times are tough and the measures some people will take to make money can be extravagant. A Texas man was sentenced this week, convicted of running a nationwide Ponzi scheme and abusing the Texas bankruptcy system. Facing Hard Time David Maloy lived a luxurious lifestyle for many years as he quietly ran a scam behind … Read more
You don’t have to be in a financial hardship or overwhelming debt to enter credit card negotiations. In fact, having your account in good standing is a great time to negotiate with your creditor. Although they may not admit it there is always room for your creditor to lower your interest rate, which can save … Read more
Everyone loves the time of year when the local fair opens for business. As one of the hallmarks of summertime, state fairs around the country attract locals and visitors alike. However, the economy has taken quite a toll on businesses such as fair and campgrounds everywhere. The State Fair of Virginia is no stranger to … Read more
As one of the most underutilized resources for debtors, credit counseling agencies provide numerous services that are valuable for anyone looking to take control over their finances. Even if you aren’t suffering from overwhelming debt troubles or required to take the course as part of a bankruptcy filing, credit counselors can offer you information and … Read more
With all of the foreclosure and mortgage debt troubles our nation has faced over the last few years, it is a surprise that anyone is considering a new mortgage these days. Taken as a promising sign for industry recovery, new mortgages are essential for the re-growth of a struggling market. However, buyers shouldn’t act too … Read more