What the Obama Victory Means for America’s Wallet

Personal Finance

What the Obama Victory Means for America’s Wallet

What the Obama Victory Means for America’s Wallet

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

This Week in Credit News: Election Reaction

Personal Finance

This Week in Credit News: Election Reaction

This Week in Credit News: Election Reaction

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. The 5 Things You Need to Know to Understand the Fiscal Cliff Before the election was even called, pundits were discussing… Read More

Why Privatization Won’t Solve the Student Loan Problem

Students

Why Privatization Won’t Solve the Student Loan Problem

Why Privatization Won’t Solve the Student Loan Problem

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

Obama or Romney: Who’s Better for Homeowners?

Mortgages

Obama or Romney: Who’s Better for Homeowners?

Obama or Romney: Who’s Better for Homeowners?

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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