The total home loan market saw applications decline 5.9 percent in the week ending June 17, as far fewer Americans attempted to obtain refinances for their existing loans, according to the latest weekly statistics from the Mortgage Bankers Association. This was caused largely by a 7.2 percent decline in the number of refinance applications filed,… Read More
Foreign transaction fees – charged by lenders for converting U.S. dollars into another currency – are still applied to many American credit card accounts and can add up quickly for consumers, according to a report from the International Business Times. A recent study by Pew Trust found that more than 90 percent of credit cards… Read More
Student loans are “good” debt, right? Not necessarily. Students and their parents who are contemplating big loans for college need to think seriously what life will be like after the diploma is in hand.
Tune in to this week’s installment of The Credit Line, hosted by Credit.com’s chairman and co-founder Adam Levin on Los Angeles’ KFWB 980 AM this Saturday, June 25th, at 9 a.m. PST/Noon EST. The show is co-hosted by L.A. radio personality Jeff Levy. When Identity Theft Takes Over Your Life Imagine discovering that someone has… Read More
We get a lot of credit questions here at Credit.com. In this series of posts, I am answering some of the most frequently asked credit questions we receive. I was a cosigner for my son’s car. He paid it late, and I didn’t even find that out until I tried to refinance our mortgage. I… Read More
Today’s top news headlines feature changes the Internal Revenue Service has made regarding the gas mileage deduction and a new poll that examines happiness in relation to Americans’ income. Plus, find out why job seekers should continue looking for new opportunities during the summer months. Experts Encourage Job Seekers To Look For Employment During Summer… Read More
This week we have some good advice, market news and examples of how to get more for your money. If you’re a consumer who uses car insurance, or looking for a reverse loan —or really anyone who uses a credit card, these stories could benefit you. As always, if you enjoy any of our favorite… Read More
Today on Talk Credit Radio: Friday, June 24, 2011 Do consumer bankruptcies do more harm than good? A recent post by Forbes blogger Stephen Dunn alleging that they do, has set off a heated debate. Jonathan Ginsberg, an Atlanta-based bankruptcy attorney who spearheaded a response to the Forbes blog, is joining Talk Credit Radio on… Read More
Which travel rewards credit card gives me flexibility to use my miles on different airlines?
Overall, 1.7 million homes were counted among the shadow inventory in April, down from 1.9 million in the same month last year, according to new statistics from the real estate tracking firm CoreLogic. That level accounts for a five-month supply of homes as they sell at the current rate. “The shadow inventory has declined by… Read More