Follow Friday: Weekly Web Roundup (2/25/11)

Personal Finance

Follow Friday: Weekly Web Roundup (2/25/11)

Follow Friday: Weekly Web Roundup (2/25/11)

This week we’re bringing you the best of the web and focusing on credit’s past, present and future. We’re looking back at the CARD Act, measuring its results along with our healthier relationship with credit, to give us a better view of what’s working. Of course, we’re not out of the woods yet so we… Read More

Dealing with Debt While Unemployed

Managing Debt

Dealing with Debt While Unemployed

Dealing with Debt While Unemployed

The recent announcement that our national unemployment rate dipped 0.4 percent brings little relief or jubilation to the 9.0 percent of folks still unemployed. Some estimators believe a more accurate jobless mark is north of 20 percent, if you include all of the people who’ve moved into the underemployed ranks by replacing their $40,000+ per… Read More

Consumer Financial Protection Bureau May See Significant Budget Slashes

Personal Finance

Consumer Financial Protection Bureau May See Significant Budget Slashes

Consumer Financial Protection Bureau May See Significant Budget Slashes

The latest proposed spending cuts from Republicans in the House of Representatives would severely limit funding to the newly created Consumer Financial Protection Bureau, despite this technically being impossible, according to a report from CBS Moneywatch. The latest budget would limit the CFPB’s funds to no more than $80 million, as opposed to the roughly… Read More

For Mortgage Servicers, the Day of Reckoning Is Nigh

Mortgages

For Mortgage Servicers, the Day of Reckoning Is Nigh

For Mortgage Servicers, the Day of Reckoning Is Nigh

Federal regulators are about to come down hard on some of America’s largest banks for their poor handling of mortgages, according to testimony by John Walsh, acting comptroller of the currency. The comptroller, the Federal Reserve and other regulators have spent the last few months investigating the 14 largest mortgage loan servicing companies, including those… Read More

Struggling With Student Loans Even After Death

Students

Struggling With Student Loans Even After Death

Struggling With Student Loans Even After Death

The case against student loans widens following the tale of one family who battled a bank in the wake of their daughter’s death. After the passing of their 26-year-old daughter Jessica, last summer following her plight with cancer, John and Lori Roark received collection calls from Wells Fargo, claiming the parents owed $6,000–the amount Jessica… Read More

Roundup: Credit Cards for Rebuilding Credit

Credit Cards

Roundup: Credit Cards for Rebuilding Credit

Roundup: Credit Cards for Rebuilding Credit

Once your credit score slips into the poor or bad credit category — below 650 — consider getting a credit card that’s designed to help you rebuild your credit. Sometimes, this means you’ll have to get a secured card. With these cards, you deposit an amount of money in a bank account and this “secures”… Read More

Financial News Roundup: Retirement Contributions Increase, Disproportionate Bank Closings

Personal Finance

Financial News Roundup: Retirement Contributions Increase, Disproportionate Bank Closings

Financial News Roundup: Retirement Contributions Increase, Disproportionate Bank Closings

Today’s top news headlines feature new data that shows an increase in retirement savings and a separate report that reveals a savings disparity among minorities. Plus, find out the latest ruling on the healthcare reform controversy. 401(k) Savings Highest in 10 Years CNN Money New data shows the amount Americans saved in their 401(k)s increased… Read More

Obama Says Economic Health Depends on Small Business

Personal Finance

Obama Says Economic Health Depends on Small Business

Obama Says Economic Health Depends on Small Business

Obama recently told a group of entrepreneurs at Cleveland State University in Ohio he believes one of the most important ways Americans can continue to stay ahead of global competition is through innovation driven by small business, according to a report from Businessweek. The speech was part of an effort to encourage growth in the… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Stay connected to our experts

Please submit your email address to get credit & money tips & advice
from our team of 30+ experts, delivered weekly to your inbox.