No one wants to be harassed by creditors, but it does happen and sometimes in very abusive ways. Debt collectors are notorious for using threats or intimidation for collecting on credit debts. While your debts are your responsibility you don’t have to be subject to unfair collection practices. The best place to start when combating  … Read more

Refinancing a mortgage is a hot topic right now as mortgage lenders are working hard to sell homeowners on the idea of lowering their mortgage payment. While a lower mortgage payment is enticing to any homeowner, refinancing isn’t the best decision for everyone. Considerations The first thing to consider when refinancing a home is the  … Read more

The last few years has been spent juggling finances and struggling to maintain our debts as the economy has continued to challenge each of us. While some of us have been able to stay afloat, others have not been as lucky and many have succumbed to the foreclosure crisis. However, good things have come from  … Read more

These days just about everything can be found online, including your personal information.  With privacy under threat of public scrutiny, one city is taking advantage of some social media sites to help collect on unpaid debts. The Public Eye One of the best aspects to sites like Facebook is the sharing of information and instant  … Read more

Five years ago buying a short sale was practically unheard of, but in today’s housing market they can be a hot deal. While most sellers and buyers are aware that short sales can be difficult, most people have no idea how to prepare for the process. Expecting The Unexpected There is no doubt that the  … Read more

After the height of the foreclosure crisis left so many Americans devastated by the loss of their homes, the government stepped in to try and help prevent future foreclosure troubles. However, many people are now criticizing these moves stating their efforts are not reaching those in need. Mortgage Debt Mounting It is estimated that over  … Read more

When debts become overwhelming it can often feel as though your options have run out. While you might not think credit negotiation is feasible, it is often easier than you might think. In fact, you probably already have the tools needed to successfully lower your debts. Burden Of Proof The biggest obstacle most people face  … Read more

Foreclosures are saturating the real estate market. While many people avoid them, there are some great deals to be gained for buyers. However, buying a foreclosure should be considered with caution and efforts taken to avoid some of the more common pitfalls. Proceed With Caution The most important aspect for buyers of a foreclosed property  … Read more

Now that some of the dust has settled after the mortgage settlement, lenders are required to make some important changes to the way they do business. Having been developed in light of the recent unlawful foreclosure episode, lenders will be held more accountable for their actions and be under much more scrutiny than ever before.  … Read more

It might seem like budgeting and your credit have nothing in common, but they do. In fact budgeting and smart money management is a key factor in having good credit.  Here is why: A Give And Take Relationship Credit is tricky business and even the smallest mistake can take a devastating toll on your credit  … Read more