Although it took a few hours after the election to learn the results, it will take much longer for people around the world to truly understand what its long term effects will be. But when it comes to credit cards and consumer protections, Americans have already learned plenty about decision 2012. Consumer Protection Over Deregulation... Read More
Now that the election is over, one of the things on consumers’ minds is what another term for President Obama could mean for their wallets. Before we try to answer this question, first we need to understand where President Obama stands on five important issues — the Dodd-Frank Act, the Credit Card Accountability, Responsibility and... Read More
It’s hard to ignore the biggest news event of the week — the U.S. Presidential election. This week’s biggest credit news revolves around what’s next for Congress and President Obama — the fiscal cliff. Before the election was even called, pundits were discussing the next big obstacle facing the White House — the fiscal cliff.... Read More
The cost of financing higher education has long been a sticking point among lawmakers. In fact, the unnecessary fight over the continuation of the government’s subsidized Stafford Loan program rates spilled onto the campaign trail this summer, culminating in pledges of support from both candidates and a 12-month extension. Earlier this month, Christopher Maag published... Read More
When it comes to housing policy, Mitt Romney should have many supporters among Credit.com readers. Every week we receive emails and comments complaining about HAMP and HARP, President Obama’s signature programs to alleviate the mortgage crisis. They include Nima Russell, who calls the government’s rules for modifying her mortgage “very frustrating and unfair!” After getting... Read More
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