Even the farsighted Founding Fathers could not have foreseen this–the Fed is now on Twitter! Just think of the possibilities– one fine Friday any Fed functionary could foment a world crisis in 140 characters or less! It could be as simple as a typo. For example, the Fed’s second tweet was: ”Watch a video of… Read More
Some days that I feel that total debt freedom is so close; on other days that I feel it is far away. I paid off my credit cards one at a time-the highest interest rate first so I got the biggest bang for my buck. I had no problem paying off my remaining credit card… Read More
While the vast majority of Americans still borrow largely on credit cards issued by the nation’s top lenders, smaller financial institutions are also stepping up their lending efforts and making their accounts more attractive.
It should come as no surprise that if you’ve fallen behind on your bills, you may be hearing from debt collectors. If they do call, you will almost certainly hear that you need to pay them and that you need to do so immediately. But there are a number of things that they aren’t likely to tell you,… Read More
There are a number of Americans out there who are denied the privilege of holding the plastic. This could be due to any number of reasons: tighter credit card lending standards, an individual’s low credit rating, or the borrower could be under the federal age limit of 21. In the end, however, if they want… Read More
In the wake of the recent settlement between some of the nation’s top home loan lenders and both federal and state governments, President Barack Obama recently announced more plans to help consumers with troubled mortgages. President Obama unveiled a new plan to cut fees associated with refinancing any government-backed mortgage. In doing so, he highlighted… Read More
If you’re one of those people who tend to lose their phone shortly after putting it down, then you’ll want to read this. According to a new study, if you lose your smartphone, you have a 50/50 chance of getting it back. But chances are much higher – nearly 100 percent – that whoever retrieves… Read More
Banks and credit card lenders have significantly increased the number of offers they make to consumers for new lines of credit in the last several months, but one top government official says more can be done to promote a healthier economy.
In addition to a plan announced earlier this week to give millions of homeowners a break on the mortgage fees they pay every month, President Barack Obama and his administration also announced that they would step up efforts to help servicemembers who were wrongfully foreclosed upon in the last few years. The White House recently… Read More
If you have money in your 2011 Flexible Spending Account, you have just a few days to use it or lose it for good. Most FSA plans allow employees to use any funds in their accounts through March 15th of the following year. After that, if there is any money left in your plan, you… Read More